In the first three months of 2025, Turkmenistan's economy demonstrated steady growth - the gross domestic product increased by 6,3% compared to the same period last year, the State News Agency of Turkmenistan reports.
Deputy Chairman of the Cabinet of Ministers of Turkmenistan Hojamyrat Geldimyradov presented a report on macroeconomic indicators at a regular government meeting on Saturday.
According to the report, the volume of manufactured goods increased by 9,6% overall compared to the first quarter of 2024. Positive dynamics are observed in all key sectors of the economy: trade grew by 9,9%, services by 8,8%, agriculture by 4%, construction by 3,8%, and industry by 0,3%.
Retail turnover exceeded last year's figures by 12,3%, and foreign trade turnover increased by 2,9%. The revenue side of the state budget for January-March was executed at 102%, and the expenditure side at 97,7%.
An important social indicator was the growth of wages in large and medium-sized enterprises – by 11,2% since the beginning of the year. At the same time, all social obligations of the state, including the payment of wages, pensions, state benefits and student scholarships, were financed on time.
A significant increase in the volume of capital investment was also noted, which increased by 17% compared to the same period in 2024.
After hearing the report, the head of state Serdar Berdimuhamedov instructed to take measures to maintain sustainable GDP growth and further develop manufacturing industries, emphasizing the importance of improving the activities of the financial, economic and banking complex.
