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Economy of Tajikistan
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==Economic history== This is a chart of trend of gross domestic product of Tajikistan at market prices [http://www.imf.org/external/pubs/ft/weo/2006/01/data/dbcselm.cfm?G=2001 estimated] by the International Monetary Fund with figures in millions of ruling currency. {| class="wikitable" |- ! Year || Gross Domestic Product || US Dollar Exchange |- | 1995 || 65,000 || 123.33 [[Tajikistani rouble|Tajik rouble]]s |- | 2000 || 1,807 || 1.82 somoni |- | 2005 || 7,201 || 3.11 somoni |} For purchasing power parity comparisons, the US Dollar is exchanged at [[somoni|SM]] 0.82 only. The Tajikistani economy has been gravely weakened by six years of civil conflict and loss of markets for its products. Tajikistan thus depends on international humanitarian assistance for much of its basic subsistence needs. Even if the peace agreement of June 1997 is honoured, the country faces major problems in integrating [[refugees]] and former combatants into the economy. The future of Tajikistan's economy and the potential for attracting foreign investment depend upon stability and continued progress in the peace process. In 2006 [[GDP per capita]] of Tajikistan was 85% of 1990s level.<ref>{{cite web|url=http://earthtrends.wri.org/text/economics-business/variable-638.html |title=GDP per capita in current US dollars per person |publisher=EarthTrends |access-date=2006-11-01 |url-status=dead |archive-url=https://web.archive.org/web/20080131140920/http://earthtrends.wri.org/text/economics-business/variable-638.html |archive-date=2008-01-31 }}</ref> While population has increased from 5.3 million in 1991 to 7.3 million in 2009. Despite resistance from vested interests, the Government of Tajikistan continued to pursue macroeconomic stabilization and structural reform in FY 2000. In December 1999, the government announced that small-enterprise privatization had been successfully completed, and the privatization of medium-sized and large-owned enterprises (SOEs) continued incrementally. The continued privatization of medium-sized and large SOEs, land reform, and banking reform and restructuring remain top priorities. Shortly after the end of FY 2000, the Board of the [[International Monetary Fund]] gave its vote of confidence to the government's recent performance by approving the third annual Poverty Reduction and Growth Facility Loan for Tajikistan. Improved fiscal discipline by the Government of Tajikistan has supported the return to positive economic growth. The government budget was nearly in balance in 2001 and the government's 2002 budget targets a fiscal deficit of 0.3% of GDP, including recent increases in social sector spending. The following table shows the main economic indicators in 1997β2024.<ref>{{Cite web |title=Report for Selected Countries and Subjects |url=https://www.imf.org/en/Publications/WEO/weo-database/2024/October/weo-report?c=923,&s=NGDP_RPCH,NGDPD,PPPGDP,NGDPDPC,PPPPC,PCPIPCH,GGXWDG_NGDP,&sy=1990&ey=2029&ssm=0&scsm=1&scc=0&ssd=1&ssc=0&sic=0&sort=country&ds=.&br=1 |access-date=2025-01-25 |website=IMF |language=en}}</ref> {| class="wikitable" style="text-align:center; vertical-align:middle;" |- style="font-weight:bold;" ! Year ! GDP<br />(in billion US$ PPP) ! GDP per capita<br />(in US$ PPP) !GDP<br />(in billion US$ nominal) ! GDP growth<br />(real) ! Inflation<br />(in Percent) ! Gov. debt<br />(Percentage of GDP) |- |1993 |6.43 |1,154 |0.68 |β11.1% |2,600.7% |n/a |- |1994 |5.17 |921 |0.83 |β21.4% |350.4% |n/a |- |1995 |4.61 |814 |0.57 |β12.5% |612.5% |n/a |- |1996 |4.49 |784 |1.05 |β4.4% |418.5% |n/a |- |1997 |4.65 |798 |1.12 |1.7% |88.0% |n/a |- |1998 |4.95 |834 |1.32 |5.3% |43.2% |96.6% |- |1999 |5.21 |851 |1.09 |3.7% |27.5% |107.8% |- |2000 |5.77 |928 |0.99 |8.3% |32.9% |111.4% |- |2001 |6.50 |1,027 |1.06 |10.2% |38.6% |99.4% |- |2002 |7.20 |1,116 |1.21 |9.1% |12.2% |98.3% |- |2003 |8.09 |1,230 |1.56 |10.2% |16.4% |69.8% |- |2004 |9.19 |1,369 |2.07 |10.6% |7.2% |49.4% |- |2005 |10.11 |1,475 |2.31 |6.7% |7.3% |45.8% |- |2006 |11.15 |1,593 |2.81 |7.0% |10.0% |36.8% |- |2007 |12.35 |1,726 |3.71 |7.8% |13.2% |34.3% |- |2008 |13.58 |1,858 |5.14 |7.9% |20.4% |30.2% |- |2009 |14.20 |1,900 |4.98 |3.9% |6.4% |36.9% |- |2010 |15.30 |2,002 |5.64 |6.5% |6.5% |36.8% |- |2011 |16.77 |2,146 |6.52 |7.4% |12.4% |35.5% |- |2012 |18.37 |2,297 |7.59 |7.5% |5.8% |32.5% |- |2013 |20.06 |2,453 |8.51 |7.4% |5.0% |29.3% |- |2014 |21.78 |2,604 |9.24 |6.7% |6.1% |27.9% |- |2015 |23.30 |2,726 |7.86 |6.0% |5.8% |35.0% |- |2016 |25.15 |2,879 |6.99 |6.9% |5.9% |42.2% |- |2017 |27.41 |3,073 |7.54 |7.1% |7.3% |46.3% |- |2018 |28.57 |3,137 |7.76 |7.6% |3.8% |46.6% |- |2019 |32.97 |3,549 |8.30 |7.4% |7.8% |43.5% |- |2020 |35.62 |3,760 |8.13 |4.4% |8.6% |51.8% |- |2021 |39.73 |4,114 |8.93 |9.4% |9.0% |42.1% |- |2022 |45.96 |4,673 |10.49 |8.0% |6.6% |32.5% |- |2023 |51.55 |5,148 |11.86 |8.3% |3.7% |30.9% |- |2024 |56.37 |5,533 |13.00 |6.8% |4.5% |30.7% |}
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