Open menu Close menu Open Search Close search Open sharebox Close sharebox
ABC logo

. Index

. 1996 Index

. Flag

. Geography

. People

. Government

. Economy

. Transportation

. Commun'tions

. Defense

. Geo Names

. Feedback



Tajikistan Economy 1996

    • Overview:
      Tajikistan had the next-to-lowest per capita GDP in the former USSR, the highest rate of population growth, and an extremely low standard of living. Agriculture dominates the economy, cotton being the most important crop. Mineral resources, varied but limited in amount, include silver, gold, uranium, and tungsten. Industry is limited to a large aluminum plant, hydropower facilities, and small obsolete factories mostly in light industry and food processing. The Tajik economy has been gravely weakened by three years of civil war and by the loss of subsidies and markets for its products, which has left Tajikistan dependent on Russia and Uzbekistan and on international humanitarian assistance for much of its basic subsistence needs. Moreover, constant political turmoil and the continued dominance by former Communist officials have impeded the introduction of meaningful economic reforms. In the meantime, Tajikistan's efforts to adopt the Russian ruble as its domestic currency despite Russia's unwillingness to supply sufficient rubles left the country in a severe monetary crisis throughout 1994, keeping inflation low but leaving workers and pensioners unpaid for months at a time. The government has announced plans to introduce its own currency in 1995 to help resolve the problem.

    • National product:
      GDP - purchasing power parity - $8.5 billion (1994 estimate as extrapolated from World Bank estimate for 1992)

    • National product real growth rate:
      -12% (1994 est.)

    • National product per capita:
      $1,415 (1994 est.)

    • Inflation rate (consumer prices):

    • Unemployment rate:
      1.5% includes only officially registered unemployed; also large numbers of underemployed workers and unregistered unemployed people (September 1994)

    • Budget:


        $NA, including capital expenditures of $NA

    • Exports:
      $320 million to outside the FSU countries (1994)

        cotton, aluminum, fruits, vegetable oil, textiles

        Russia, Kazakhstan, Ukraine, Uzbekistan, Turkmenistan

    • Imports:
      $318 million from outside the FSU countries (1994)

        fuel, chemicals, machinery and transport equipment, textiles, foodstuffs

        Russia, Uzbekistan, Kazakhstan

    • External debt:

    • Industrial production:
      growth rate -31% (1994)

    • Electricity:

        3,800,000 kW

        17 billion kWh

        consumption per capita:
        2,800 kWh (1994)

    • Industries:
      aluminum, zinc, lead, chemicals and fertilizers, cement, vegetable oil, metal-cutting machine tools, refrigerators and freezers

    • Agriculture:
      cotton, grain, fruits, grapes, vegetables; cattle, sheep and goats

    • Illicit drugs:
      illicit cultivation of cannabis and opium poppy; mostly for CIS consumption; used as transshipment points for illicit drugs from Southwest Asia to Western Europe and North America

    • Economic aid:

        Russia and Uzbekistan reportedly provided substantial general assistance throughout 1993 and 1994; Western aid and credits promised through the end of 1993 were $700 million but disbursements were only $104 million; large scale development loans await IMF approval of a reform and stabilization plan

    • Currency:
      1 ruble (R) = 100 kopeks; Tajikistan uses the Russian ruble as its currency by agreement with Russia; government has plans to introduce its own currency, the Tajik ruble, in 1995

    • Exchange rates:

    • Fiscal year:
      calendar year

Thank you for making this an award winning site

Please put this page in your BOOKMARKS - - - - -

ITA Home Page
The IMMIGRATION Superhighway Feedback

Flags of all Countries
Yahoo search

Revised 13-August-1997
HTML Colors; Greece Geography Economy, people, communications, transportation, flags, maps

Copyright © 1995-2020 ITA (all rights reserved)