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EBRD Projects Sustained Economic Growth for Turkmenistan Through 2027

Economic

Ashgabat, February 28, 2026 – The Europe Today: Turkmenistan is expected to maintain positive economic growth through 2027, according to a new report by the European Bank for Reconstruction and Development (EBRD) titled Regional Economic Prospects in the EBRD Regions.

The report noted that Turkmenistan’s real gross domestic product (GDP) grew by 6.3 percent year-on-year during the first 11 months of 2025, reflecting steady economic momentum.

Growth was primarily driven by an expansion in transport activity, supported in part by the free trade regime with Uzbekistan and increasing trade with neighboring countries across the region.

The EBRD highlighted that private-sector exports continued to record gains, benefiting from favorable pricing conditions and relatively low production costs. Meanwhile, investment in state infrastructure contributed to growth in the construction sector, helping to sustain overall economic activity.

According to the report, inflationary pressures were contained through government interventions, including price-setting mechanisms, import support measures, and restrictions on bank lending.

Authorities forecast that Turkmenistan’s economy will expand by 6.3 percent in both 2026 and 2027. The EBRD added that additional upside potential could stem from increased investment in export-oriented sectors and further development of economic infrastructure.

The projections underscore expectations of continued macroeconomic stability and growth in Turkmenistan over the medium term.