Economy of Tajikistan

According to cheeroutdoor, GDP of Tajikistan (in current prices) in 2002 – 3.3 billion somoni, 109.1% compared to 2001. In January-September 2002, the profit amounted to 61.1 million somoni, state budget revenues, including bank loans, 369.4, expenses 345.6, excess of income over expenses 23.8.

The number of economically active population (2002) – 1.9 million people. Outside the public sector in 2001, 1.3 million people were employed. (72%). 10-20% of workers are concentrated in industry. Official unemployment is 48.1 thousand people, 2.7% of the economically active population (2002). Women among job seekers accounted for 51-56%, young people (under 30) – more than 40%.

The main industries are: electric power, mining, non-ferrous metallurgy, mechanical engineering, metalworking, production of building materials, chemical, cotton, silk, clothing, carpet weaving, food industries.

There are 6 hydroelectric power plants, the most powerful of which is Nurek, as well as a number of large thermal power plants. Due to its own energy base, 50% of the country’s needs are satisfied. The main branch of the fuel industry is coal.

The volume of industrial output in 2002 was 2,226 million somoni (in current prices), 108.2% by 2001. In 2002, mechanical engineering is developing at a faster pace than industry as a whole.

The production of consumer goods in 2002 (at constant prices) was 103% by 2001, incl. food – 102%, alcoholic beverages – 125%, non-manufacturing goods – 107%, of which in light industry – 109%, goods of cultural, household and economic importance – 100%.

In 2002, there was an increase in production compared to 2001: whole milk products by 26%, vegetable oil by 18%.

The volume of investments in fixed assets in construction in 2002 amounted to 158 million somoni.

The main agricultural product is cotton. In 2002, more than 400 thousand tons were harvested. A cotton exchange operates in Tajikistan. Futures transactions are becoming more and more widespread. The largest investors are the Swiss company “Paul Reinhard” and the trading department of the Swiss bank “Credit Suisse First Boston”. Of the industrial agricultural crops, tobacco, sesame, oilseed flax and geranium are cultivated. Wheat and other cereals, potatoes, fruits, grapes, vegetables and gourds are grown.

Gross harvest of main agricultural crops (2002): grain crops (in weight after processing) 0.7 million tons, 140% by 2001; potatoes 0.4 million tons, 112% by 2001; vegetables 0.5 million tons, 119% by 2001. The gross harvest of fruit and berry crops decreased by 3%.

Meat and dairy cattle breeding and meat and woolen sheep breeding are developing. Sericulture is developing with the help of foreign investors. Production of the main types of products (2002): livestock and poultry (for slaughter) 67 thousand tons (109% compared to 2001); milk 412 thousand tons (108%); eggs – 6 million pcs. (110%).

In 2002, the transportation of goods in general amounted to 20.2 million tons (99.6% of 2001), the freight turnover of transport enterprises was 1.3 billion tkm.

Vehicles account for approx. 90% of total passenger traffic and more than 87% of domestic freight traffic (2001). Freight transported by 11% more, cargo turnover increased by 16%, passenger traffic increased by 25%. Public road network approx. 13 thousand km. The 2 most important roads – “Dushanbe – Ayni” and “Kalaikhumb – Khorog” are open for transport only 6 months. a year due to climatic conditions.

297.6 thousand passengers and 1807 thousand tons of cargo were transported by air, cargo turnover increased by 13%, passenger turnover increased by 46% (2002).

The total length of railway lines is 490 km, most of them are located in the south of the country. In 2002, 339.9 thousand people were transported. and 8642.4 thousand tons of cargo; the total volume of cargo transportation decreased by 8%, cargo turnover decreased by 13%, passenger transportation increased by 25%.

The total capacity of local telephone exchanges is 250,000 numbers served by 80 urban and rural stations. The density of telecommunications services is 4.1 phones per 100 people. In the future, connection to the Trans-Asian-European cable (the Tajik line of TAE is 86 km, from Dushanbe to the border of Uzbekistan in the west) will allow the republic to become one of the transit telecommunications centers between West and East.

Retail turnover through all sales channels (in current prices): total 1001.3 million somoni, per capita 115.1 million somoni (2002).

Paid services through all sales channels (in current prices): total 499.2 million somoni, per capita 77.2 million somoni (2002).

In 2002, budget revenues were 396.4 million somoni (17% of GDP), including tax revenues of 343.3 million somoni (15.8%), their share in total budget revenues was 92.9%. The main direct taxes: on profit 4.8% of the total amount of budget revenues and 0.8% of GDP; personal income tax – respectively 7.4 and 1.3%. The main indirect taxes: on value added – 33.2% of the total budget revenues and 5.6% of GDP; excises – respectively 5.5 and 0.9%. The share of main taxes in the total amount of state budget revenues is 50.9%. Non-tax revenues amounted to less than 1/7 of the total state budget revenues, compared to the same period in 2001 increased by 30.2% (due to increased revenues from fines and sanctions). State budget expenditures 345.6 million somoni (15.9% of GDP). A significant share is occupied by spending on the social sphere (28%) and the economy (18.5%). Budget surplus 23.8 million somoni (1.1% of GDP).

Nominal wages (taking into account accrued but not paid amounts) averaged 34 somoni in 2002 (a 36% increase compared to 2001). Real wages increased by an average of 24%. The minimum wage was revised in 2002 1 time (the current minimum is 8% of the average nominal wage). In 2002, the minimum old-age pension was increased by 2.5 times and amounted to 5 somoni ($1.7). Consumer prices in 2002 increased by 10% compared to 2001. The ratio of price growth to the growth of average per capita cash income (beginning of 2002) 0.94%, with an increase in average monthly wages 0.81%, with an increase in pensions 0.59%.

Export-import operations in Tajikistan are carried out by 750 subjects of foreign economic activity. Partners – 66 countries of the world, including 11 CIS countries. In 2002, foreign trade turnover, including electricity and natural gas, amounted to USD 1,073.6 million, which is 4.7% more than in the same period of 2001, or USD 47.9 million. Exported goods amounted to 534.1 million US dollars, which is 9.1% more than in the same period of 2001.

Imported goods amounted to 539.5 million US dollars, which is 0.6%, or 3.2 million US dollars, more than in the corresponding period of 2001. The CIS countries account for 51.8% of foreign trade turnover, non-CIS countries 48.2%. In exports, the advantage belongs to non-CIS countries, their share is 72.4%, in imports, a significant share is occupied by the CIS countries – 75.7%.

The share of electricity in foreign trade turnover is 10.2%, its export is 2999.3 million kW/h, import is 3490.2 million kW/h (2002).

Import of natural gas 343.1 million m3, by 16.2 million US dollars. This is 18.9%, or $3.8 million, lower than in 2001.

Aluminum accounts for 55% of exports, 226.2 thousand tons were exported in the amount of 293.9 million US dollars; main buyers: the Netherlands, Turkey (2002).

Export of cotton fiber 14.1% of foreign trade turnover, 85.1 thousand tons in the amount of 75.2 million US dollars. Deliveries to the CIS countries increased by 1.4%, and to non-CIS countries by 69.1%.

Economy of Tajikistan