Mountains in Tajikistan

Tajikistan Economic Growth (GDP, ann. var. %)

Economic Growth in Tajikistan

According to estimates from the National Bank of Tajikistan, annual GDP grew by 8.0% in 2022 due to stronger output in the agricultural, transport, and communication sectors. Turning to Q1 2023, momentum accelerated: Annual GDP growth in January–March reached 8.2% amid likely stronger services activity. However, growth in the agricultural and industrial sectors slowed compared to Q4. Meanwhile, a sustained softening in price pressures since the end of 2022 prompted the National Bank to cut its key policy rate in February and May by a total of 300 basis points. This loosening should have boosted investment and spending in early 2023. In other news, in May, Tajik authorities secured a USD 500 million loan from a Chinese bank to continue the construction of the Roghun hydropower plant. The finalization of the dam, earmarked for 2028, should enable the country to become an electricity exporter.

Tajikistan Economic Growth Chart

This chart displays Economic Growth (GDP, annual variation in %) for Tajikistan from 2013 to 2022.

Tajikistan Economic Growth Data

2017 2018 2019 2020 2021
Economic Growth (GDP, ann. var. %) 7.6 7.6 7.4 4.4 9.4

Free sample report

Interested in economic reports, analysis and data? FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. Request your free sample report now.

Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest