Trade is an important budget-making item of the national economy that has an impact on the efficient monetary circulation, formation of gross domestic product and production development as it promptly responds to the changes in customer preferences and economic situation.
Let’s consider some indicators that illustrate changes in the trade sector and clearly reflect the dynamics of the quality of life. For example, according to the State Committee for Statistics of Turkmenistan, the growth rate of trade in gross value added made up 110.8 per cent in 2014 due to the increase in the supply of goods as well as a high level of the purchasing demand of the population. Moreover, the trade sector creates new jobs.
In 2014, the retail turnover that serves as an indicator of development of the domestic market made up more than 35.4 billion manat and increased by 17 per cent as compared with 2013. The growth rate of the physical volume of goods purchased by the population last year made 10.7 per cent.
According to the State Committee for Statistics, the stable growth of retail turnover was observed in all the regions of the country, the highest rate was observed in Ashgabat – over 17 per cent and in the regions – over 16 per cent. It is obvious, the capital is slightly ahead of the regions that vividly proves the balanced development of the trade infrastructure and equal distribution of material benefits, goods and services in regions.
In 2014, the share of the state sector in the structure of the retail turnover made up eight per cent and 92 per cent for the private sector made. As compare with 2013, the growth rate increased by 15.5 and 17.1 per cent respectively.
The share of agriculture increased twice as much in 2014. The growth rate of the processing industry made 147.8 per cent and the hospitality and catering industries – 113.5 per cent. The volume of real estate transactions grew by 44.5 per cent. The growth rate of social services made 130 per cent.
The number of trading enterprises significantly increased last year due to the growing demands of the population given the rapid renewal of the range of goods and services. They have a significant impact on sales promotion and maintenance of competitiveness among domestic producers and suppliers.
Let’s consider some indicators that illustrate changes in the trade sector and clearly reflect the dynamics of the quality of life. For example, according to the State Committee for Statistics of Turkmenistan, the growth rate of trade in gross value added made up 110.8 per cent in 2014 due to the increase in the supply of goods as well as a high level of the purchasing demand of the population. Moreover, the trade sector creates new jobs.
In 2014, the retail turnover that serves as an indicator of development of the domestic market made up more than 35.4 billion manat and increased by 17 per cent as compared with 2013. The growth rate of the physical volume of goods purchased by the population last year made 10.7 per cent.
According to the State Committee for Statistics, the stable growth of retail turnover was observed in all the regions of the country, the highest rate was observed in Ashgabat – over 17 per cent and in the regions – over 16 per cent. It is obvious, the capital is slightly ahead of the regions that vividly proves the balanced development of the trade infrastructure and equal distribution of material benefits, goods and services in regions.
In 2014, the share of the state sector in the structure of the retail turnover made up eight per cent and 92 per cent for the private sector made. As compare with 2013, the growth rate increased by 15.5 and 17.1 per cent respectively.
The share of agriculture increased twice as much in 2014. The growth rate of the processing industry made 147.8 per cent and the hospitality and catering industries – 113.5 per cent. The volume of real estate transactions grew by 44.5 per cent. The growth rate of social services made 130 per cent.
The number of trading enterprises significantly increased last year due to the growing demands of the population given the rapid renewal of the range of goods and services. They have a significant impact on sales promotion and maintenance of competitiveness among domestic producers and suppliers.