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Turkmenistan and ADB

ADB’s country partnership strategy for Turkmenistan supports energy trade, market connectivity and private sector development, as well as economic diversification.

In the Spotlight

Turkmenistan Facts

ADB's Work in Turkmenistan

Turkmenistan’s economic growth had averaged 6% annually from 2015 to 2019, with public investment and gas exports as major growth drivers. The growth in 2020 decelerated due to a shrinking regional demand and declining prices for energy products triggered by the global economic slowdown and disruption caused by the coronavirus disease (COVID-19) pandemic.

ADB has been a long-standing partner of the Government of Turkmenistan, providing assistance crucial to the country’s development needs. The bank’s support program is aligned with the National Strategy for Social and Economic Development of Turkmenistan 2011–2030 and the government’s Development Program 2019–2025, with annual lending averaged at $167 million over 2018–2020.

Data: Turkmenistan

Forecasts are based on ADB's flagship publication, the Asian Development Outlook. Updated four times a year, it analyzes economic and development issues in developing countries in Asia and the Pacific.

Development indicators for Turkmenistan, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.

Results achieved are aggregate amounts of outputs and outcomes from operations reported in project completion reports and extended annual review reports circulated for the year.

Contact: Turkmenistan Resident Mission (TKRM)

82, 1972 (Ataturk) Street, Berkarar Business Center Building, Office M1, Ashgabat 744036, Turkmenistan

  Office Hours: 9:00 am to 6:00 p.m. (Monday to Friday)

  Tel +993 12 468730
  Fax +993 12 468731

Country Director
Serdar CHARYYEV (Mr)
Senior Country Coordination Officer
Senior Economics Officer/NGO Focal Point
Finance and Administration Officer
Senior Operations Assistant

The Turkmenistan Resident Mission (TKRM) was established in 2010 to liaise with the government, private sector, civil society stakeholders, and development partners on the ground.

TKRM will be closed on these dates:

* = The dates are subject to moonsighting.

Last updated: 4 January 2023