Tajikistan: economy

What is Tajikistan's GDP growth rate?

Tajikistan's economy grew 8.4% in 2025, according to the IMF World Economic Outlook of October 2026, which projects 7.3% growth in 2026 and 6.8% in 2027. The Agency on Statistics reports that its short-term indicator of key economic sectors grew 8.2% in real terms in January-June 2026, to 81.7 billion somoni.

The short-term indicator is a fast estimate built from industry, farming, construction, trade and services, not full GDP. Under the 2026 statistical work programme, the Agency says GDP will be published quarterly, 90 days after each quarter ends. IMF figures for 2026 and 2027 are forecasts.

Official sources: IMF World Economic Outlook, October 2026 · Agency on Statistics · Agency on Statistics: Socio-economic situation, January-August 2026

What is Tajikistan's GDP per person?

Tajikistan's GDP per person was about $1,693 in 2025, according to the IMF World Economic Outlook of October 2026, which projects about $2,005 for 2026. The population was 10,723,500 on 1 January 2026, according to the Agency on Statistics.

The IMF figure converts GDP into US dollars at market exchange rates, so it moves with the somoni as well as with output. Figures adjusted for price differences between countries (purchasing power parity) are higher, because goods and services cost less in Tajikistan than in richer economies. Values for 2026 are estimates.

Official sources: IMF World Economic Outlook, October 2026 · Agency on Statistics: report PDF (Russian)

What is the inflation rate in Tajikistan?

Consumer prices in Tajikistan were 4.1% higher in August 2026 than a year earlier, according to the National Bank of Tajikistan and the Agency on Statistics. Prices rose 0.1% on the month and 2.7% since December 2025.

The National Bank targets inflation of 5%, with a band of 2 percentage points either side, so the August rate is within its range. Food prices were 4.4% higher and services 5.8% higher than a year before. Average inflation for 2025 was 3.5%, according to the Agency's home page. The IMF projects 4.1% for 2026.

Official sources: National Bank of Tajikistan · Agency on Statistics: Socio-economic situation, January-August 2026 · Agency on Statistics: report PDF (Russian)

What is the National Bank of Tajikistan's refinancing rate?

The National Bank of Tajikistan's refinancing rate is 7.00%, in force since 2 February 2026, according to the bank's website on 15 October 2026. Its next rate meeting is on 29 October 2026.

The refinancing rate is the bank's main policy rate, at which it lends to commercial banks, and it influences loan and deposit rates in somoni. The bank sets it to keep inflation near its 5% target (with a band of 2 points either side). Annual inflation was 4.1% in August 2026. The bank also publishes the official exchange rate of the somoni each day.

Official sources: National Bank of Tajikistan

How important are remittances to Tajikistan's economy?

Money sent home by people working abroad equalled 57.7% of Tajikistan's GDP in 2025, up from 47.2% in 2024 and 37.8% in 2023, according to the World Bank.

Personal remittances include wages of workers who live abroad for less than a year and transfers from migrants who have settled abroad. The ratio can rise because more money arrives, because the somoni weakens, or because GDP grows more slowly. The World Bank estimates rely on central bank balance of payments data and may be revised.

Official sources: World Bank: Personal remittances received (% of GDP)

How fast is Tajikistan's economy growing?

8.4%: that is real GDP growth in Tajikistan for 2025, according to the World Bank. Since 2005 it has ranged from 3.9% (2009) to 9.4% (2021). It is 3rd highest of 49 in Europe & Central Asia, where the median is 2.1%. World rank, highest first: 7th of 180.

What is GDP per capita in Tajikistan?

In 2025, GDP per person in Tajikistan was $1,637, according to the World Bank. That is the highest since at least 2005. It is 49th highest of 49 in Europe & Central Asia, where the median is $28,420. Worldwide: 152nd of 180.

How does Tajikistan's income per person compare after prices?

The World Bank puts GDP per person at purchasing power parity in Tajikistan at $5,923 in international dollars in 2025. That is the highest since at least 2005. Across Europe & Central Asia the middle value was $50,946 in international dollars, and Tajikistan placed 49th highest of 49. World rank, highest first: 144th of 179.

What share of Tajikistan's economy is exports?

The latest figure from the World Bank, for 2024, is 11.2% of GDP. Its high point since 2005 was 2006, at 58.2% of GDP; its low point was 2014, at 9.2% of GDP. It is 48th highest of 48 in Europe & Central Asia, where the median is 47.3% of GDP. Worldwide: 150th of 162.

What is Tajikistan's current account balance?

In 2025, the current account balance in Tajikistan was 17.1% of GDP, according to the IMF. It is the top of the series, which starts in 2005. Across Europe & Central Asia the middle value was -0.3% of GDP, and Tajikistan placed 2nd highest of 47. World rank, highest first: 4th of 132.

How much foreign direct investment goes into Tajikistan?

The IMF puts net inflows of foreign direct investment in Tajikistan at 0.5% of GDP in 2025. It is the bottom of the series, which starts in 2005. It is 36th highest of 49 in Europe & Central Asia, where the median is 1.9% of GDP. World rank, highest first: 144th of 179.

What are bank lending rates in Tajikistan?

According to the IMF, the average bank lending rate in Tajikistan was 23.5% in 2019. The peak was 29.6% in 2017 and the low 21.1% in 2012. Across Europe & Central Asia the middle value was 6.9%, and Tajikistan placed 2nd highest of 23. World rank, highest first: 8th of 114.