| 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.) |
| Public debt |
|
| 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 production by source |
fossil fuel: 1.9%
hydro: 98.1%
other: 0% (2001)
nuclear: 0% |
| 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) |
| Oil proved reserves |
|
| 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.) |
| Natural gas proved reserves |
|
| 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 |