Tajikistan

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Introduction - Tajikistan:
Location - Tajikistan:
People - Tajikistan:
Government - Tajikistan:
Economy - Tajikistan:

Economy overview

Tajikistan has one of the lowest per capita GDPs among the 15 former Soviet republics. Only 7% 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. While Tajikistan has experienced steady economic growth since 1997, nearly two-thirds of the population continues to live in abject poverty. Economic growth reached 10.6% in 2004 but dropped to 8% in 2005 and to 7% in 2006. Tajikistans economic situation, however, remains fragile due to uneven implementation of structural reforms, weak governance, widespread unemployment, and the external debt burden. Continued privatization of medium and large state-owned enterprises could increase productivity. A debt restructuring agreement was reached with Russia in December 2002 including a $250 million write-off of Tajikistans $300 million debt. Tajikistan ranks third in the world in terms of water resources per head. A proposed investment to finish the hydropower dams Rogun and Sangtuda I and II would substantially add to electricity production, which could be exported for profit. If finished, Rogun will be the worlds tallest dam. In 2006, Tajikistan was the recipient of substantial infrastructure development credits from the Shanghai Cooperation Organization to improve its roads and electricity transmission network. To help increase north-south trade, the US is constructing a $36 million bridge linking Tajikistan and Afghanistan.

Gdp purchasing power parity

$9.521 billion (2006 est.)

Gdp official exchange rate

$2.066 billion (2006 est.)

Gdp real growth rate

7% (2006 est.)

Gdp per capita ppp

$1,300 (2006 est.)

Gdp composition by sector

agriculture: 22.7%
industry: 28.5%
services: 48.8% (2006 est.)

Labor force

3.7 million (2003)

Labor force by occupation

agriculture: 67.2%
industry: 7.5%
services: 25.3% (2000 est.)

Unemployment rate

12% (2004 est.)

Population below poverty line

64% (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

7.5% (2006 est.)

Investment gross fixed

19.9% of GDP (2006 est.)

Budget

revenues: $527.5 million
expenditures: $622 million; including capital expenditures of $86 million (2006 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

8.2% (2002 est.)

Electricity production

16.5 billion kWh (2004)

Electricity consumption

15.7 billion kWh (2004)

Electricity exports

4.459 billion kWh (2004)

Electricity imports

4.81 billion kWh (2004)

Oil production

252.8 bbl/day (2004 est.)

Oil consumption

28,000 bbl/day (2004 est.)

Oil exports

NA bbl/day

Oil imports

NA bbl/day

Oil proved reserves

12 million bbl

Natural gas production

39 million cu m (2004 est.)

Natural gas consumption

1.389 billion cu m (2004 est.)

Natural gas exports

0 cu m (2004 est.)

Natural gas imports

1.35 billion cu m (2004 est.)

Current account balance

-$73.95 million (2006 est.)

Exports

$1.16 billion f.o.b. (2006 est.)

Exports commodities

aluminum, electricity, cotton, fruits, vegetable oil, textiles

Exports partners

Norway 13.9%, Russia 13%, Turkey 12.2%, Uzbekistan 9.4%, US 6.4%, Italy 5.3%, Iran 5.2%, Greece 4.2% (2006)

Imports

$1.513 billion f.o.b. (2006 est.)

Imports commodities

electricity, petroleum products, aluminum oxide, machinery and equipment, foodstuffs

Imports partners

Russia 21.2%, China 17.2%, Kazakhstan 10.6%, Uzbekistan 9.6%, Azerbaijan 7.3%, Ukraine 5.2%, Turkey 4% (2006)

Reserves of foreign exchange and gold

$209.2 million (2006 est.)

Debt external

$829 million (2006 est.)

Economic aid recipient

$67 million from US (2005)

Currency code

somoni (TJS)

Exchange rates

Tajikistani somoni per US dollar - 3.3 (2006), 3.1166 (2005), 2.9705 (2004), 3.0614 (2003), 2.7641 (2002)

Communications - Tajikistan:
Transportation - Tajikistan:
Military - Tajikistan:
This page was last updated on 16 September, 2007
Source: CIA >>>


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