Tajikistan Economic Outlook
March 6, 2018Data for January points to a loss of growth momentum at the outset of 2018. In the month, there was a deterioration in the external sector, and industrial production growth slowed. The trade balance widened year-on-year, as imports surged at a much faster pace than exports. Although industrial output continued expanding at a double-digit rate on an annual basis, the increase was considerably slower than in the preceding eight months. On the upside, annual growth in capital investment soared in January following a marked contraction in December.
Tajikistan Economic GrowthEconomic growth is expected to be robust this year, but moderate from 2017’s four-year high. Healthy private consumption, aided by remittances and higher wages from a tighter labor market, along with a strong industrial sector, should support growth. However, an anticipated drop in exports and fiscal consolidation measures are expected to weaken the pace of expansion. Risks continue to stem from the banking sector’s high level of non-performing loans. FocusEconomics Consensus Forecast panelists expect GDP to expand 5.2% in 2018, which is up 0.1 percentage points from last month’s forecast, and also 5.0% in 2019.
Tajikistan Economy Data
5 years of Tajikistan economic forecasts for more than 30 economic indicators.
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|Exchange Rate||8.83||0.06 %||Mar 15|
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