Tajikistan gdp growth rate for 2018 was 7.30%, a 0.32% decline from 2017. On the demand side, buoyant domestic demand supported growth.While international prices for aluminum and cotton increased, prices for precious metals declined, negatively affecting Tajikistan’s export earnings.With import spending also falling—reflecting delays in public investment projects—the trade deficit narrowed year-on-year in the first half of 2019. GDP Growth Rate in 2017 was 7.62%, representing a change of 644,197,993 US$ over 2016, when Real GDP was $8,456,824,084. Tajikistan Economic Growth GDP is seen contracting for the first time in over two decades amid contagion from the coronavirus pandemic. Mining, manufacturing, and construction will support economic activity.Several investment projects scheduled for completion by 2021—when Tajikistan celebrates 30 years of independence—will also support growth. ADB's country partnership strategy for Tajikistan emphasizes widening the economic base by exploring its domestic and international competitive advantages and improving its investment climate to create jobs with higher incomes.The latest available economic data for Tajikistan compared to countries in Central Asia.Updated yearly, the Fact Sheets summarize ADB's partnerships with member economies, providing key facts and figures and an overview of activities and future directions.The Asian Development Outlook analyzes economic and development issues in developing countries in Asia.The Key Indicators for Asia and the Pacific publication presents data regarding the economic, financial, social, and environmental situations in a broad range of countries across the region.The Basic Statistics brochure presents data on selected social, economic, and SDG indicators such as population, poverty, annual growth rate of gross domestic product, inflation, and government finance for economies in Asia and the Pacific.The Asian Development Bank (ADB) is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face.We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth. Though Tajikistan real GDP growth fluctuated substantially in recent years, it tended to decrease through 1999 - 2018 period ending at 7.3 % in 2018.

According to the latest Debt Sustainability Analysis, the country remains at a high risk of debt distress. China is a major investor in Tajikistan and a number of industrial projects involving Chinese companies have been delayed as Chinese personnel could not get into Tajikistan due to COVID-19 border closures. Download Historical Data Save as Image. Together with a reduction of the trade deficit in services and income transfers, this drove a reduction in the current account deficit to 7 percent of GDP in the first half (compared to a deficit of 11 percent of GDP in the year-earlier period).A projected recovery in the import bill in the fourth quarter of 2019 will keep the current account deficit at around 5 percent of GDP in full-year 2019, relatively unchanged to the 2018 deficit of 5.1 percent of GDP.Despite challenges in revenue collection, the authorities managed to limit the budget deficit to about 2.8 percent of GDP during January-September 2019.

Data Source: World Bank Tajikistan gdp growth rate for 2017 was 7.62%, a 0.74% increase from 2016. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). In 2018, real GDP growth for Tajikistan was 7.3 %.

Tajikistan GDP Growth Rate chart, historic, and current data. As a result, the fiscal deficit is projected to rise to 3.5 percent of GDP in full-year 2019.The budget assumptions for Rogun HPP financing suggest a decline in government debt in nominal terms in 2019. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. EN The Dushanbe government last month slashed its 2020 budget revenue target by 9.4% and reduced the GDP growth outlook to 4.7% from 7.8%. Tajikistan's GDP growth is expected at -3.6% in 2020 and 7.0% in 2021 – Source: ADOS 2020 (June 2020) Tajikistan's inflation rates forecasted at 10.0% in … Industry and services were the main drivers of growth on the supply side. It assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development.6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines A sharp drop in remittances inflows will dent household income, while lockdown measures, disruptions to supply … Projects, publications, products and services, operational priorities, and development knowledgeCountries with operations and subregional programs, country planning documentsCareers, business opportunities, and investor relations

Industry and services were the main drivers of growth on the supply side. The financial sector saw a further reduction in nonperforming loans and considerable growth in earnings despite the pending resolution of two problem banks.Tajikistan is among the top ten business climate reformers worldwide in Doing Business 2020, with the ranking of 106The government is committed to implementing further reforms to improve Tajikistan’s business environment.

Remittance inflows will remain sluggish over the medium-term.

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