Economy in Tajikistan

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Economy—overview: Tajikistan has the lowest per capita GDP among the former Soviet republics. Agriculture dominates the economy with cotton the most important crop. Mineral resources varied but limited in amount include silver gold uranium and tungsten. Industry is limited to a large aluminum plant hydropower facilities and small obsolete factories mostly in light industry and food processing. The Tajik economy has been gravely weakened by four years of civil conflict and by the loss of subsidies from Moscow and of markets for its products. Tajikistan thus depends on aid from Russia and Uzbekistan and on international humanitarian assistance for much of its basic subsistence needs. Even if the peace agreement of June 1997 is honored the country faces major problems in integrating refugees and former combatants into the economy. Moreover constant political turmoil and the continued dominance by former communist officials have impeded the introduction of meaningful economic reforms.

GDP: purchasing power parity—$4.1 billion (1997 est.)

GDP—real growth rate: -10% (1997 est.)

GDP—per capita: purchasing power parity—$700 (1997 est.)

GDP—composition by sector:

agriculture: 25%

industry: 35%

services: 40% (1997)

Inflation rate—consumer price index: 40% (1996 est.)

Labor force:

total: 1.9 million (1996)

by occupation: agriculture and forestry 52% manufacturing mining and construction 17% services 31% (1995)

Unemployment rate: 2.4% includes only officially registered unemployed; also large numbers of underemployed workers and unregistered unemployed people (December 1996)

Budget:

revenues: $NA

expenditures: $NA including capital expenditures of $NA

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

Industrial production growth rate: -20% (1996 est.)

Electricity—capacity: 4.443 million kW (1995)

Electricity—production: 14.66 billion kWh (1995)

Electricity—consumption per capita: 2 302 kWh (1995)

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

Exports:

total value: $768 million (1996 est.)

commodities: cotton aluminum fruits vegetable oil textiles

partners: FSU 78% Netherlands (1994)

Imports:

total value: $657 million (1996 est.)

commodities: fuel chemicals machinery and transport equipment textiles foodstuffs

partners: FSU 55% Switzerland UK (1994)

Debt—external: $635 million (of which $250 million to Russia) (1995 est.)

Economic aid:

recipient: ODA $22 million (1993)

note: commitments $885 million (disbursements $115 million) (1992-95)

Currency: the Tajikistani ruble (TJR) = 100 tanga; Tajikistan introduced its own currency in May 1995

Exchange rates: Tajikistani rubles (TJR) per US$1—350 (January 1997) 284 (January 1996)

Fiscal year: calendar year

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