Tajikistan
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Economy - overviewTajikistan 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. Tajikistan's 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 Tajikistan's $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 world's 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.
GDP3.9% (2005 est.)
GDP - real growth rate7% (2006 est.)
GDP - composition by sectoragriculture: 22.7%
industry: 28.5%
services: 48.8% (2006 est.)
Population below poverty line64% (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)
Labor force3.7 million (2003)
Labor force - by occupationagriculture: 67.2%
industry: 7.5%
services: 25.3% (2000 est.)
Unemployment rate12% (2004 est.)
Budgetrevenues: $527.5 million
expenditures: $622 million; including capital expenditures of $86 million (2006 est.)
Industriesaluminum, zinc, lead; chemicals and fertilizers, cement, vegetable oil, metal-cutting machine tools, refrigerators and freezers
Industrial production growth rate8.2% (2002 est.)
Electricity -
production
16.5 billion kWh (2004)
Electricity -
production by source
fossil fuel: 1.9%
hydro: 98.1%
nuclear: 0%
other: 0% (2001)
Electricity -
consumption
15.7 billion kWh (2004)
Electricity -
exports
4.459 billion kWh (2004)
Electricity -
imports
4.81 billion kWh (2004)
Oil - production252.8 bbl/day (2004 est.)
Oil - consumption28,000 bbl/day (2004 est.)
Oil - exportsNA bbl/day
Oil - importsNA bbl/day
Agriculture - productscotton, grain, fruits, grapes, vegetables; cattle, sheep, goats
Exports$1.16 billion f.o.b. (2006 est.)
Exports - commoditiesaluminum, electricity, cotton, fruits, vegetable oil, textiles
Exports - partnersNetherlands 46.6%, Turkey 15.8%, Russia 9.1%, Uzbekistan 7.3%, Latvia 4.9%, Iran 4% (2005)
Imports$1.513 billion f.o.b. (2006 est.)
Imports - commoditieselectricity, petroleum products, aluminum oxide, machinery and equipment, foodstuffs
Imports - partnersRussia 19.3%, Kazakhstan 12.7%, Uzbekistan 11.5%, Azerbaijan 8.6%, China 7%, Ukraine 6.2%, Romania 4.6%, Turkmenistan 4% (2005)
Debt - external$829 million (2006 est.)
Economic aid - recipient$67 million from US (2005)
Currency codeTJS
Exchange ratesTajikistani somoni per US dollar - 3.3 (2006), 3.1166 (2005), 2.9705 (2004), 3.0614 (2003), 2.7641 (2002)
Fiscal yearcalendar year
LAST UPDATED ON 17 JUNE 2007