Economy - overview:
Tajikistan has the lowest per capita GDP among the 15 former Soviet republics. 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, 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 - $8 billion (2002 est.)
GDP - real growth rate:
5% (2002 est.)
GDP - per capita:
purchasing power parity - $1,250 (2002 est.)
GDP - composition by sector:
agriculture: 19%
industry: 26%
services: 55% (2002)
Population below poverty line:
60% (2001 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):
12% (2001 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: $502 million
expenditures: $520 million, including capital expenditures of $86 million (2002)
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)
Agriculture - products:
cotton, grain, fruits, grapes, vegetables; cattle, sheep, goats
Exports:
$710 million f.o.b. (2002 est.)
Exports - commodities:
aluminum, electricity, cotton, fruits, vegetable oil, textiles
Exports - partners:
Europe 43%, Russia 30%, Uzbekistan 13% (2000 est.)
Imports:
$830 million f.o.b. (2002 est.)
Imports - commodities:
electricity, petroleum products, aluminum oxide, machinery and equipment, foodstuffs
Imports - partners:
Uzbekistan 27%, Russia 16%, Europe 12% (2000)
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 - 2.7 (2002), 2.3722 (2001), 2.0763 (2000), 1.2378 (1999), 0.7766 (1998)
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
NOTE: The information regarding Tajikistan on this page is re-published from the 2003 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Guinea Geography 2003 information contained here. All suggestions for corrections of any errors about Tajikistan Economy 2003 should be addressed to the CIA.
