Economy - overview Tajikistan had the next-to-lowest per capita GDP in the former USSR,the highest rate of population growth, an extremely low standard of living,and rampant inflation. Agriculture dominates the economy, with cotton beingthe most important crop. Mineral resources, varied but limited in amount,include silver, gold, uranium, and tungsten. Industry is limited to a largealuminum plant, hydropower facilities, and small obsolete factories mostlyin light industry and food processing. The Tajik economy has been gravely weakened by four years of civil conflict and by the loss of subsidies fromMoscow and of markets for its products, which has left Tajikistan dependenton Russia and Uzbekistan and on international humanitarian assistance formuch of its basic subsistence needs. Moreover, constant political turmoiland the continued dominance by former communist officials have impeded the introduction of meaningful economic reforms. The regime made initial effortsto stabilize the economy and promote reform in 1996.

GDP purchasing power parity - $5.4 billion (1996 estimate as extrapolatedfrom World Bank estimate for 1994)

GDP - real growth rate -17% (1996 est.)

GDP - per capita purchasing power parity - $920 (1996 est.)

GDP - composition by sector
agriculture: NA%
industry: NA%
services: NA%

Inflation rate - consumer price index 65% (1996 est.)

Labor force
total: 1.9 million (1996)
by occupation: agriculture and forestry 52%, manufacturing, mining, and construction17%, services 31% (1995)

Unemployment rate 2.4% includes only officially registered unemployed; also large numbersof 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 4.44 million kW (1994)

Electricity - production 16.8 billion kWh (1994)

Electricity - consumption per capita 2,135 kWh (1995 est.)

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 (TSR) = 100 tanga; Tajikistan introduced its owncurrency in May 1995

Exchange rates Tajikistani rubles (TJR) per US$1 - 350 (January 1997), 284 (January1996)

Fiscal year calendar year

NOTE: The information regarding Tajikistan on this page is re-published from the 1997 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Tajikistan Economy 1997 information contained here. All suggestions for corrections of any errors about Tajikistan Economy 1997 should be addressed to the CIA.