The Gross Domestic Product (GDP) in Tajikistan expanded 7.50 percent in 2019. For this period the economy growth was promoted by increase in production of industrial output of 13.6 percent, retail trade turnover of 9.6 percent, agricultural products of 7.1 percent and paid services of 2.9 percent. Tajikistan GDP Annual Growth Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

GDP Annual Growth Rate in Tajikistan averaged 4.56 percent from 1992 until 2019, reaching an all time high of 11 percent in the fourth quarter of 2003 and a record low of -32.30 percent in the fourth quarter of 1992. This page provides - Tajikistan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Annual Growth Rate in Tajikistan is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Tajikistan to stand at 5.00 in 12 months time. In the long-term, the Tajikistan GDP Annual Growth Rate is projected to trend around 4.50 percent in 2021, according to our econometric models.

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Tajikistan GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.50 7.20 11.00 -32.30 1992 - 2019 percent Quarterly

Tajikistan GDP Annual Growth Rate
Tajikistan is a landlocked ex-soviet republic which due to a prolonged civil war started enacting market reforms later than most Commonwealth of Independent States (CIS) members. Tajikistan’s main problems arise from high levels of human and physical capital underutilization and corruption. A significant portion of Tajikistan citizens work abroad, benefitting the country through remittances. Aluminium production, cotton production and hydropower are the most important industries in Tajikistan.