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Turkmenistan, formerly also known as Turkmenia, is one of the Turkic states in Central Asia. Turkmenistan is bordered by Afghanistan to the southeast, Iran to the south and southwest, Uzbekistan to the east and northeast, Kazakhstan to the northwest and the Caspian Sea to the west.
Turkmenistan's GDP growth rate of 11% in 2012 comes on the back of several years of sustained high growth, albeit from a very basic undiversified economy powered by export of a single commodity. It possesses the world's fourth largest reserves of natural gas resources. Although it is wealthy in natural resources in certain areas, most of the country is covered by the Karakum (Black Sand) Desert.
Turkmenistan was ruled by President for Life Saparmurat Niyazov (called "Türkmenbaşy", "Leader of the Turkmens") until his sudden death on 21 December 2006. Gurbanguly Berdimuhamedow was elected the new president on 11 February 2007.