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Afghanistan Economy 2014

SOURCE: 2014 CIA WORLD FACTBOOK AND OTHER SOURCES











Afghanistan Economy 2014
SOURCE: 2014 CIA WORLD FACTBOOK AND OTHER SOURCES


Page last updated on December 17, 2013

Economy - overview:
Afghanistan's economy is recovering from decades of conflict. The economy has improved significantly since the fall of the Taliban regime in 2001 largely because of the infusion of international assistance, the recovery of the agricultural sector, and service sector growth. Despite the progress of the past few years, Afghanistan is extremely poor, landlocked, and highly dependent on foreign aid. Much of the population continues to suffer from shortages of housing, clean water, electricity, medical care, and jobs. Criminality, insecurity, weak governance, lack of infrastructure, and the Afghan Government's difficulty in extending rule of law to all parts of the country pose challenges to future economic growth. Afghanistan's living standards are among the lowest in the world. The international community remains committed to Afghanistan's development, pledging over $67 billion at nine donors' conferences between 2003-10. In July 2012, the donors at the Tokyo conference pledged an additional $16 billion in civilian aid through 2015. Despite this help, the Government of Afghanistan will need to overcome a number of challenges, including low revenue collection, anemic job creation, high levels of corruption, weak government capacity, and poor public infrastructure.

GDP (purchasing power parity):
$33.79 billion (2012 est.)
country comparison to the world: 109

$30.04 billion (2011 est.)
$28.31 billion (2010 est.)
note: data are in 2012 US dollars
[see also: GDP country ranks ]

GDP (official exchange rate):
$20.02 billion (2012 est.)
[see also: GDP (official exchange rate) country ranks ]

GDP - real growth rate:
12.5% (2012 est.)
country comparison to the world: 3

6.1% (2011 est.)
8.4% (2010 est.)
[see also: GDP - real growth rate country ranks ]

GDP - per capita:
$1,100 (2012 est.)
country comparison to the world: 216

$1,000 (2011 est.)
$900 (2010 est.)
note: data are in 2012 US dollars
[see also: GDP - per capita country ranks ]

GDP - composition, by end use:
household consumption: 96.5%
[see also: GDP - composition, by end use - household consumption country ranks ]
government consumption: 23.3%
investment in fixed capital: 25.4%
investment in inventories: 0%
exports of goods and services: 18.1%
imports of goods and services: -63.4%

(2011 est.)

GDP - composition, by sector of origin:
agriculture: 20%
[see also: GDP - composition, by sector of origin - agriculture country ranks ]
industry: 25.6%
services: 54.4%
note: data exclude opium production (2011 est.)

Agriculture - products:
opium, wheat, fruits, nuts; wool, mutton, sheepskins, lambskins

Industries:
small-scale production of bricks, textiles, soap, furniture, shoes, fertilizer, apparel, food-products, non-alcoholic beverages, mineral water, cement; handwoven carpets; natural gas, coal, copper

Industrial production growth rate:
NA%
[see also: Industrial production growth rate country ranks ]

Labor force:
15 million (2004 est.)
country comparison to the world: 39
[see also: Labor force country ranks ]

Labor force - by occupation:
agriculture: 78.6%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: 5.7%
services: 15.7% (FY08/09 est.)

Unemployment rate:
35% (2008 est.)
country comparison to the world: 184

40% (2005 est.)
[see also: Unemployment rate country ranks ]

Population below poverty line:
36% (FY08/09)
[see also: Population below poverty line country ranks ]

Household income or consumption by percentage share:
lowest 10%: 3.8%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: 24% (2008)

Budget:
revenues: $2.249 billion
[see also: Budget revenues country ranks ]
expenditures: $3.974 billion (2012 est.)

Taxes and other revenues:
11.3% of GDP (2012 est.)
country comparison to the world: 206
[see also: Taxes and other revenues country ranks ]

Budget surplus (+) or deficit (-):
-8.7% of GDP (2012 est.)
country comparison to the world: 196
[see also: Budget surplus (+) or deficit (-) country ranks ]

Fiscal year:
21 December - 20 December

Inflation rate (consumer prices):
6.8% (2012 est.)
country comparison to the world: 176

5.7% (2011 est.)
[see also: Inflation rate (consumer prices) country ranks ]

Commercial bank prime lending rate:
15% (31 December 2012 est.)
country comparison to the world: 40

15.15% (31 December 2011 est.)
[see also: Commercial bank prime lending rate country ranks ]

Stock of narrow money:
$6.121 billion (31 December 2012 est.)
country comparison to the world: 93

$5.928 billion (31 December 2011 est.)
[see also: Stock of narrow money country ranks ]

Stock of broad money:
$6.499 billion (31 December 2012 est.)
country comparison to the world: 119

$6.351 billion (31 December 2011 est.)
[see also: Stock of broad money country ranks ]

Stock of domestic credit:
$-819.6 million (31 December 2012 est.)
country comparison to the world: 185

$-520.2 million (31 December 2011 est.)
[see also: Stock of domestic credit country ranks ]

Market value of publicly traded shares:
$NA
[see also: Market value of publicly traded shares country ranks ]

Current account balance:
$18 million (2011 est.)
country comparison to the world: 57

$-736 million (2010 est.)
[see also: Current account balance country ranks ]

Exports:
$376 million (2012 est.)
country comparison to the world: 179

$2.908 billion (2011 est.)
note: not including illicit exports or reexports
[see also: Exports country ranks ]

Exports - commodities:
opium, fruits and nuts, handwoven carpets, wool, cotton, hides and pelts, precious and semi-precious gems

Exports - partners:
Pakistan 32.2%, India 27%, Tajikistan 8.5%, US 6.2% (2012)

Imports:
$6.39 billion (2012 est.)
country comparison to the world: 117

$9.174 billion (2011 est.)
[see also: Imports country ranks ]

Imports - commodities:
machinery and other capital goods, food, textiles, petroleum products

Imports - partners:
Pakistan 24.3%, US 18%, Russia 8.7%, India 5.8%, China 5.6%, Germany 4.4% (2012)

Reserves of foreign exchange and gold:
$5.983 billion (31 December 2012 est.)
country comparison to the world: 86

$5.268 billion (31 December 2011 est.)
[see also: Reserves of foreign exchange and gold country ranks ]

Debt - external:
$1.28 billion (FY10/11)
country comparison to the world: 152

$2.7 billion (FY08/09)
[see also: Debt - external country ranks ]

Exchange rates:
afghanis (AFA) per US dollar -

50.92 (2012 est.)
46.75 (2011 est.)
46.45 (2010)


NOTE: 1) The information regarding Afghanistan on this page is re-published from the 2014 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Afghanistan Economy 2014 information contained here. All suggestions for corrections of any errors about Afghanistan Economy 2014 should be addressed to the CIA.
2) The rank that you see is the CIA reported rank, which may habe the following issues:
  a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
  b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order






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