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    Tajikistan Index 2006

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    Tajikistan Economy - 2006
    http://www.theodora.com/wfbcurrent/tajikistan/tajikistan_economy.html
    SOURCE: 2006 CIA WORLD FACTBOOK

      Economy - overview:
      Tajikistan has one of the lowest per capita GDPs among the 15 former Soviet republics. Only 6% 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. Even though 64% of its people continue to live in abject poverty, Tajikistan has experienced steady economic growth since 1997, but experienced a slight drop in its growth rate to 8% in 2005 from 10.6% in 2004. Continued privatization of medium and large state-owned enterprises would further increase productivity. Tajikistan's economic situation, however, remains fragile due to uneven implementation of structural reforms, weak governance, widespread unemployment, and the external debt burden. A debt restructuring agreement was reached with Russia in December 2002, including a $250 million write-off of Tajikistan's $300 million debt to Russia. Tajikistan ranks third in the world in terms of water resources per head. A proposed investment to finish the hydropower dams Rogun and Sangtuda would substantially add to electricity production. If finished, Rogun will be the world's tallest dam.

      GDP (purchasing power parity):
      $8.826 billion (2005 est.)

      GDP (official exchange rate):
      $1.943 billion (2005 est.)

      GDP - real growth rate:
      8% (2005 est.)

      GDP - per capita (PPP):
      $1,200 (2005 est.)

      GDP - composition by sector:
      agriculture: 24%
      industry: 21%
      services: 55% (2005 est.)

      Labor force:
      3.7 million (2003)

      Labor force - by occupation:
      agriculture: 67.2%
      industry: 7.5%
      services: 25.3% (2000 est.)

      Unemployment rate:
      12% (2004 est.)

      Population below poverty line:
      64% (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)

      Inflation rate (consumer prices):
      8% (2005 est.)

      Investment (gross fixed):
      19.1% of GDP (2005 est.)

      Budget:
      revenues: $442.3 million
      expenditures: $542.6 million; including capital expenditures of $86 million (2005 est.)

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

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

      Industrial production growth rate:
      8.2% (2002 est.)

      Electricity - production:
      16.5 billion kWh (2004)

      Electricity - consumption:
      15.05 billion kWh (2003)

      Electricity - exports:
      3.874 billion kWh (2003)

      Electricity - imports:
      4.81 billion kWh (2004)

      Oil - production:
      354.8 bbl/day (2003 est.)

      Oil - consumption:
      25,000 bbl/day (2003 est.)

      Oil - exports:
      NA bbl/day

      Oil - imports:
      NA bbl/day

      Natural gas - production:
      30 million cu m (2004 est.)

      Natural gas - consumption:
      1.4 billion cu m (2004 est.)

      Natural gas - exports:
      0 cu m (2004 est.)

      Natural gas - imports:
      1.4 billion cu m (2004 est.)

      Current account balance:
      -$92 million (2005 est.)

      Exports:
      $950 million f.o.b. (2005 est.)

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

      Exports - partners:
      Netherlands 41.4%, Turkey 15.3%, Uzbekistan 7.2%, Latvia 7.1%, Switzerland 6.9%, Russia 6.6% (2004)

      Imports:
      $1.25 billion f.o.b. (2005 est.)

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

      Imports - partners:
      Russia 20.2%, Uzbekistan 14.2%, Kazakhstan 12.8%, Azerbaijan 7.2%, US 6.7%, China 4.8%, Ukraine 4.5% (2004)

      Reserves of foreign exchange and gold:
      $195 million (2005 est.)

      Debt - external:
      $888 million (2004 est.)

      Economic aid - recipient:
      $67 million from US (2005)

      Currency (code):
      somoni

      Exchange rates:
      Tajikistani somoni per US dollar - 3.1166 (2005), 2.9705 (2004), 3.0614 (2003), 2.7641 (2002), 2.3722 (2001)

      Fiscal year:
      calendar year


      NOTE: The information regarding Tajikistan on this page is re-published from the 2006 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Tajikistan Economy 2006 information contained here. All suggestions for corrections of any errors about Tajikistan Economy 2006 should be addressed to the CIA.

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    http://www.theodora.com/wfbcurrent/tajikistan/tajikistan_economy.html

    Revised 06-Jun-06
    Copyright © 2006 Photius Coutsoukis (all rights reserved)


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