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Turkmenistan

#88 globallyCentral Asia

Average salary: $5,000/year Β· Currency: TMT T

Mean Annual Salary

$5,000

gross USD

Median Annual Salary

$4,000

gross USD

GDP per Capita

$7,987

current USD

PPP Factor

Γ—0.33

vs USD base

Tax Breakdown at Median Salary

Estimated
Gross Income$4,000
Income Tax$520
Social Security$200
Health Insurance$80

Take-Home (Net) Annual

$3,200

Effective Tax Rate

20.0%

* Based on median salary of $4,000. Estimated combined rate. Consult a tax professional for accurate calculations.

πŸ‡ΉπŸ‡² Turkmenistan Economic Overview

Currency

TMT (T)

Region

Central Asia

Population

6.1M

Gini Coefficient

0.408

Cost of Living Index

33 (US=100)

Tax Data Available

Estimated

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Salary vs Global Benchmarks

Global Mean$18,000
Central Asia Mean$5,850
Turkmenistan Mean$5,000

Global Ranking

#88

out of 117 countries

by average salary

About Salaries in Turkmenistan

The average annual salary in Turkmenistan is approximately $5,000 (gross, in USD), with a median of $4,000. The country ranks #88 out of 117 countries by average salary.

At the median salary, workers in Turkmenistan take home approximately $3,200 after taxes β€” an effective tax rate of 20.0%. The purchasing power parity factor of Γ—0.33 means that in real terms, living costs are lower than in the United States.

Turkmenistan is located in the Central Asia region. Income inequality, measured by the Gini coefficient, is 0.408 (high inequality).