Asian Development Bank and Turkmenistan: Fact Sheet

Abstract

Updated yearly, this ADB Fact Sheet provides social and economic indicators on Turkmenistan as well as concise information on ADB's operations in the country and contact information. Turmenistan joined the Asian Development Bank in 2000. ADB operations in Turkmenistan have started off small and are steadily growing. In January 2010, ADB and the Government of Turkmenistan signed an agreement to establish a resident mission in the capital, Ashgabat. Turkmenistan’s economy has proven robust with growth driven by a surge in public and private investment, which has led to an increase in domestic demand. Gross investment accounted for 49% of the country’s gross domestic product (GDP) in 2010, up from 19% in 2007.