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Tajikistan Economy
Economy - overview:
Tajikistan has the lowest per capita GDP among the 15 former Soviet republics. Only 5% to 6% of the land area is arable. Cotton is the most important crop. Mineral resources, varied but limited in amount, include silver, gold, uranium, and tungsten. Industry consists only of a large aluminum plant, hydropower facilities, and small obsolete factories mostly in light industry and food processing. The civil war (1992-97) severely damaged the already weak economic infrastructure and caused a sharp decline in industrial and agricultural production. Even though 60% of its people continue to live in abject poverty, Tajikistan has experienced steady economic growth since 1997. Continued privatization of medium and large state-owned enterprises will further increase productivity. Tajikistan's economic situation, however, remains fragile due to uneven implementation of structural reforms, weak governance, widespread unemployment, and the external debt burden. A debt restructuring agreement was reached with Russia in December 2002, including an interest rate of 4%, a 3-year grace period, and a US $49.8 million credit to the Central Bank of Tajikistan.
GDP:
purchasing power parity - $6.812 billion (2004 est.)
GDP - real growth rate:
7% (2004 est.)
GDP - per capita:
purchasing power parity - $1,000 (2004 est.)
GDP - composition by sector:
agriculture: 30.8%
industry: 29.1%
services: 40.1% (2004 est.)
Investment (gross fixed):
7.5% of GDP (2004 est.)
Population below poverty line:
60% (2004 est.)
Household income or consumption by percentage share:
lowest 10%: 3.2%
highest 10%: 25.2% (1998)
Distribution of family income - Gini index:
34.7 (1998)
Inflation rate (consumer prices):
16.3% (2004 est.)
Labor force:
3.187 million (2000)
Labor force - by occupation:
agriculture 67.2%, industry 7.5%, services 25.3% (2000 est.)
Unemployment rate:
40% (2002 est.)
Budget:
revenues: $253.5 million
expenditures: $238.5 million, including capital expenditures of $86 million (2004 est.)
Agriculture - products:
cotton, grain, fruits, grapes, vegetables; cattle, sheep, goats
Industries:
aluminum, zinc, lead, chemicals and fertilizers, cement, vegetable oil, metal-cutting machine tools, refrigerators and freezers
Industrial production growth rate:
10.3% (2000 est.)
Electricity - production:
14.18 billion kWh (2001)
Electricity - consumption:
14.52 billion kWh (2001)
Electricity - exports:
3.909 billion kWh (2001)
Electricity - imports:
5.242 billion kWh (2001)
Oil - production:
250 bbl/day (2001 est.)
Oil - consumption:
20,000 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Natural gas - production:
50 million cu m (2001 est.)
Natural gas - consumption:
1.3 billion cu m (2001 est.)
Natural gas - exports:
0 cu m (2001 est.)
Natural gas - imports:
1.25 billion cu m (2001 est.)
Current account balance:
$-50 million (2004 est.)
Exports:
$750 million f.o.b. (2004 est.)
Exports - commodities:
aluminum, electricity, cotton, fruits, vegetable oil, textiles
Exports - partners:
Netherlands 25.4%, Turkey 24.4%, Latvia 9.9%, Switzerland 9.7%, Uzbekistan 8.5%, Russia 6.6%, Iran 6.4% (2003)
Imports:
$890 million f.o.b. (2003 est.)
Imports - commodities:
electricity, petroleum products, aluminum oxide, machinery and equipment, foodstuffs
Imports - partners:
Russia 20.2%, Uzbekistan 15.1%, Kazakhstan 10.9%, Azerbaijan 7%, Ukraine 7%, Romania 4.4% (2003)
Reserves of foreign exchange & gold:
$117.6 million (2004 est.)
Debt - external:
$1 billion (2002 est.)
Economic aid - recipient:
$60.7 million from US (2001)
Currency:
somoni
Currency code:
TJS
Exchange rates:
Tajikistani somoni per US dollar - 3.0614 (2003), 2.7641 (2002), 2.3722 (2001), 2.0763 (2000), 1.2378 (1999)
note: the new unit of exchange was introduced on 30 October 2000, with one somoni equal to 1,000 of the old Tajikistani rubles
Fiscal year:
calendar year

Source: CIA World Factbook
More Tajikistan Information
• More information about Tajikistan including positions in various world rankings
• Tajikistan map
• Tajikistan flag

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