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    Tajikistan Index 2005

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    Tajikistan Economy - 2005
    http://www.allcountries.org/wfb2005/tajikistan/tajikistan_economy.html
    SOURCE: 2005 CIA WORLD FACTBOOK

      Economy - overview:
      Tajikistan has one of the lowest per capita GDPs 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 - $7.95 billion (2004 est.)

      GDP - real growth rate:
      10.5% (2004 est.)

      GDP - per capita:
      purchasing power parity - $1,100 (2004 est.)

      GDP - composition by sector:
      agriculture: 23.7%
      industry: 24.3%
      services: 52% (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.)

      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):
      8% (2004 est.)

      Investment (gross fixed):
      22% of GDP (2004 est.)

      Budget:
      revenues: $311.2 million
      expenditures: $321.5 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:
      8.2% (2002 est.)

      Electricity - production:
      15.08 billion kWh (2002)

      Electricity - consumption:
      14.41 billion kWh (2002)

      Electricity - exports:
      3.974 billion kWh (2002)

      Electricity - imports:
      4.359 billion kWh (2002)

      Oil - production:
      250 bbl/day (2001 est.)

      Oil - consumption:
      20,000 bbl/day (2001 est.)

      Oil - exports:
      NA

      Oil - imports:
      NA

      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:
      $-52 million (2004 est.)

      Exports:
      $1.13 billion f.o.b. (2004 est.)

      Exports - commodities:
      aluminum, electricity, cotton, fruits, vegetable oil, textiles

      Exports - partners:
      Latvia 13.1%, Switzerland 11.5%, Uzbekistan 11.3%, Norway 9.9%, Russia 8.2%, Iran 7.9%, Turkey 7.7%, Italy 6.6%, Hungary 4.4% (2004)

      Imports:
      $1.3 billion f.o.b. (2004 est.)

      Imports - commodities:
      electricity, petroleum products, aluminum oxide, machinery and equipment, foodstuffs

      Imports - partners:
      Russia 17.8%, Uzbekistan 13.4%, Kazakhstan 9.7%, Ukraine 6.3%, Azerbaijan 6.3%, US 5.8%, Turkey 4.3% (2004)

      Reserves of foreign exchange and gold:
      $145.3 million (2004 est.)

      Debt - external:
      $888 million (2004 est.)

      Economic aid - recipient:
      $60.7 million from US (2001)

      Currency (code):
      somoni

      Exchange rates:
      Tajikistani somoni per US dollar - 2.9705 (2004), 3.0614 (2003), 2.7641 (2002), 2.3722 (2001), 2.0763 (2000)
      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 2005 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Tajikistan Economy 2005 information contained here. All suggestions for corrections of any errors about Tajikistan Economy 2005 should be addressed to the CIA.







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    http://www.allcountries.org/wfb2005/tajikistan/tajikistan_economy.html

    Revised 16-Feb-06
    Copyright © 2005 Photius Coutsoukis (all rights reserved)


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