Inflation Rate (CPI): Turkmenistan

Analysis# Turkmenistan Inflation Rate (CPI) Turkmenistan's inflation rate stands at 5% in 2026, a dramatic stabilization from its catastrophic peak of 3102.4% in 1993 during the post-Soviet transition. The country has achieved a 99.8% reduction from that hyperinflationary period, though it briefly experienced deflation at -2.7% in 2009. The current rate reflects moderate price growth within a reasonable economic range. Recent volatility peaked in 2021 at 19.5%, following years of relatively controlled inflation between 5-8%. The economy achieved near-stability in 2023 with deflation at -1.6%, then returned to modest positive inflation at 4.6% in 2024. Projections for 2025-2026 suggest inflation will stabilize around 4%, indicating policymakers have successfully anchored price expectations after decades of macroeconomic turbulence.