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BBCSwinney defends food prices policy ahead of first minister vote·Economic TimesIndia fuel price hike among world's lowest: BJP·SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·NYTG7 Finance Ministers Look to Contain Iran Economic Fallout·BBCSwinney defends food prices policy ahead of first minister vote·Economic TimesIndia fuel price hike among world's lowest: BJP·SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·NYTG7 Finance Ministers Look to Contain Iran Economic Fallout·
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Turkmenistan

Turkmenistani Manat (TMT)

45
Moderate
Risk
#32
of 171
Riskier
than 82% of currencies
37
global avg score
$621
$1,000 in 5 years
Impact on Citizens

Citizens need to earn at least 11.5% per year on savings to stay ahead. Money sitting in a regular account is slowly losing value.See savings calculator ↓

Economic Indicators

Inflation Rate
10.0%
Debt to GDP
28.0%
GDP Growth
6.3%
Broad Money / GDP
Not available

Banking & Stability

NPL Ratio
Not available
Reserve Months
8.0
Current Account
-1.0%
FX Volatility
0.1

Governance & Markets

Rule of Law
-1.8
Black Market Premium
1800.0%
Capital Controls
100.0
Peg Fragility
Not available

Currency Structure

Global Currency Role
70.0
FX Regime
managed float
Data Coverage
83.0%

Savings Impact Calculator

TMT
Holding cash in TMT10.0% inflation
TMT 621−TMT 379 (38% purchasing power lost)
Your TMT 1,000 buys 38% less in 5 years
What if you invested TMT 1,000 instead? (5yr, in TMT terms)
USD-denominated assets gain an additional ~7.0%/yr from expected TMT depreciation vs USD
Hold USD Cash
TMT 1217
+TMT 217
+4.0%/yr net in TMT
S&P 500
TMT 2192
+TMT 1192
range: TMT 1051–TMT 4162
10% USD return + 7.0% FX · ±16% vol
Gold
TMT 2011
+TMT 1011
range: TMT 624–TMT 5189
8% USD return + 7.0% FX · ±24% vol
Bitcoin
TMT 4007
+TMT 3007
range: TMT 289–TMT 22.3k
25% USD return + 7.0% FX · ±54% vol

All values in TMT. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~7.0%/yr based on the inflation differential between Turkmenistan (10.0%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Data last updated: 2026-05-19

Note: World Bank does not cover this country directly. Data sourced from national statistics and IMF estimates.

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