Gross capital formation reached 16,598 USD bil in 2012 in Turkmenistan, according to the National Statistical Office. This is 9.33 % more than in the previous year.
Historically, gross capital formation in Turkmenistan reached an all time high of 16,598 USD bil in 2012 and an all time low of 839 USD bil in 1987. When compared to Turkmenistan's main peers, gross capital formation in Afghanistan amounted to 3,366 USD bil, 241,579 USD bil in Iran, 52,477 USD bil in Kazakhstan and 16,108 USD bil in Uzbekistan in 2012.
Turkmenistan has been ranked 71st within the group of 169 countries we follow in terms of gross capital formation, 39 places above the position seen 10 years ago.
Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises) less disposals of fixed assets.