TOOL · GROSS COST

How much would a basic income cost in Turkmenistan?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Country

Adult population 5,032,087child population 2,332,351year 2023World Bank WDI

Monthly amount per adult

Monthly amount per child

GROSS ANNUAL COST

59,503 million

in TMTTMT 59,503,320,000

GDP share not calculated

Population covered: 7,364,438 people

The exchange rate is missing. The cost is shown in local currency, without a GDP share.

Adults: 5,032,087 × TMT 800 × 12 = TMT 48,308,035,200

Children: 2,332,351 × TMT 400 × 12 = TMT 11,195,284,800

TMT 48,308,035,200 + TMT 11,195,284,800 = TMT 59,503,320,000

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $39,020,211,240 · World Bank WDI

Currency TMT