TURKMENISTAN
Country risk ranking
D4
HIGH RISK for enterprise
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
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| GDP | USD40.8bn (World ranking 94, World Bank 2018) |
| Population | 5.85mn (World ranking 112, World Bank 2018) |
| Form of state | Presidential Republic (authoritarian) |
| Head of government | Gurbanguly BERDIMUHAMEDOW (President) |
| Next elections | 2023, legislative |
- Fourth-largest natural gas reserves in the world
- Low level of gross external debt
- Highly authoritarian political regime
- Unstable situation at the border between Turkmenistan and Afghanistan
- Weak economic diversification
- High export dependence on China (accounting for about 50% of Turkmenistan's exports) and on hydrocarbons (around 85%)
- Continued high inflation rates
- Weak business environment (weak rule of law, high level of perceived corruption)