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    Tajikistan Economy 1998

      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)

      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

      total value: $768 million (1996 est.)
      commodities: cotton, aluminum, fruits, vegetable oil, textiles
      partners: FSU 78%, Netherlands (1994)

      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

      NOTE: The information regarding Tajikistan on this page is re-published from the 1998 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Tajikistan Economy 1998 information contained here. All suggestions for corrections of any errors about Tajikistan Economy 1998 should be addressed to the CIA.

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    Revised 21-Dec-01
    Copyright © 2001 Photius Coutsoukis (all rights reserved)