Tajikistan Economy 2001

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 Tajikistani economy has been gravely weakened by six years of civil conflict and by the loss of subsidies from Moscow and of markets for its products. Most of its people live in abject poverty. Tajikistan depends on aid from Russia and Uzbekistan and on international humanitarian assistance for much of its basic subsistence needs. The future of Tajikistan's economy and the potential for attracting foreign investment depend upon stability and continued progress in the peace process.

GDP: purchasing power parity - $7.3 billion (2000 est.)

GDP - real growth rate: 5.1% (2000 est.)

GDP - per capita: purchasing power parity - $1,140 (2000 est.)

GDP - composition by sector:
agriculture: 19.8%
industry: 18.1%
services: 62.1% (1998)

Population below poverty line: 80% (2000 est.)

Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%

Inflation rate (consumer prices): 33% (2000 est.)

Labor force: 1.9 million (1996)

Labor force - by occupation: agriculture 50%, industry 20%, services 30% (1997 est.)

Unemployment rate: 5.7% includes only officially registered unemployed; also large numbers of underemployed workers and unregistered unemployed people (December 1998)

Budget:
revenues: $146 million
expenditures: $196 million, including capital expenditures of $NA (2000 est.)

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

Industrial production growth rate: 10% (2000 est.)

Electricity - production: 15.623 billion kWh (1999)

Electricity - production by source:
fossil fuel: 1.9%
hydro: 98.1%
nuclear: 0%
other: 0% (1999)

Electricity - consumption: 14.729 billion kWh (1999)

Electricity - exports: 3.9 billion kWh (1999)

Electricity - imports: 4.1 billion kWh (1999)

Agriculture - products: cotton, grain, fruits, grapes, vegetables; cattle, sheep, goats

Exports: $761 million (f.o.b., 2000 est.)

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

Exports - partners: Liechtenstein 26%, Uzbekistan 20%, Russia 8% (1998)

Imports: $782 million (f.o.b., 2000 est.)

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

Imports - partners: Europe 32.3%, Uzbekistan 29%, Russia 13.6% (1998)

Debt - external: $1.3 billion (1999 est.)

Economic aid - recipient: $64.7 million (1995)

Currency: somoni

Currency code: SM

Exchange rates: Tajikistani somoni per US dollar - 2.2 (January 2001), 1550 (January 2000), 998 (January 1999), 350 (January 1997), 284 (January 1996)
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 2001 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Tajikistan Economy 2001 information contained here. All suggestions for corrections of any errors about Tajikistan Economy 2001 should be addressed to the CIA.