GDP:
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purchasing power parity - $27.88 billion (2003 est.)
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GDP - real growth rate:
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23.1% (2003 est.)
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GDP - per capita:
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purchasing power parity - $5,800 (2003 est.)
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GDP - composition by sector:
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agriculture: 24.8%
industry: 46.2%
services: 28.9% (2003 est.)
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Investment (gross fixed):
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19.5% of GDP (2003)
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Population below poverty line:
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34.4% (2001 est.)
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Household income or consumption by percentage share:
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lowest 10%: 2.6%
highest 10%: 31.7% (1998)
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Distribution of family income - Gini index:
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40.8 (1998)
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Inflation rate (consumer prices):
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9.5% (2003 est.)
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Labor force:
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2.34 million (1996)
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Labor force - by occupation:
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agriculture 48%, industry 15%, services 37% (1998 est.)
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Unemployment rate:
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NA
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Budget:
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revenues: $3.477 billion
expenditures: $3.908 billion, including capital expenditures of NA (2003 est.)
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Industries:
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natural gas, oil, petroleum products, textiles, food processing
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Industrial production growth rate:
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14% (2003 est.)
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Electricity - production:
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10.18 billion kWh (2001)
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Electricity - production by source:
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fossil fuel: 99.9%
hydro: 0.1%
other: 0% (2001)
nuclear: 0%
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Electricity - consumption:
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8.509 billion kWh (2001)
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Electricity - exports:
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980 million kWh (2001)
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Electricity - imports:
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20 million kWh (2001)
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Oil - production:
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162,500 bbl/day (2001 est.)
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Oil - consumption:
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63,000 bbl/day (2001 est.)
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Oil - exports:
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NA (2001)
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Oil - imports:
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NA (2001)
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Oil - proved reserves:
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273 million bbl (1 January 2002)
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Natural gas - production:
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48.2 billion cu m (2001 est.)
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Natural gas - consumption:
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9.6 billion cu m (2001 est.)
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Natural gas - exports:
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38.6 billion cu m (2001 est.)
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Natural gas - imports:
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0 cu m (2001 est.)
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Natural gas - proved reserves:
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1.43 trillion cu m (1 January 2002)
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Agriculture - products:
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cotton, grain; livestock
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Current account balance:
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$957 million (2003)
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Exports:
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$3.355 billion f.o.b. (2003 est.)
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Exports - commodities:
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gas 57%, oil 26%, cotton fiber 3%, textiles 2% (2001)
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Exports - partners:
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Ukraine 39.3%, Italy 18.2%, Iran 14.8%, Turkey 6.5% (2003 est.)
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Imports:
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$2.472 billion f.o.b. (2003 est.)
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Imports - commodities:
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machinery and equipment 60%, foodstuffs 15% (1999)
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Imports - partners:
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Russia 21.5%, Ukraine 15.3%, Turkey 9.5%, UAE 7.6%, Germany 4.2%, China 4.2% (2003 est.)
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Reserves of foreign exchange & gold:
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$2.696 billion (2003)
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Debt - external:
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$2.4 billion to $5 billion (2001 est.)
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Economic aid - recipient:
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$16 million from the US (2001)
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Currency:
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Turkmen manat (TMM)
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Currency code:
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TMM
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Exchange rates:
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Turkmen manats per US dollar - 5,200 (2003), 5,200 (2002), 5,200 (2001), 5,200 (2000), 5,200 (1999);note - the official exchange rate has not varied for the last six years; the unofficial rate has fluctuated slightly, hovering around 21,000 manats to the dollar
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