Tajikistan: public finances

Does Tajikistan have a budget surplus?

Tajikistan's state budget took in 44,972.1 million somoni and spent 38,259.1 million in January-July 2026, a surplus of 6,713.0 million, according to Ministry of Finance data in the Agency on Statistics report. Tax revenue was 34.6% higher than a year earlier.

Monthly figures are preliminary and surpluses early in the year often shrink as spending picks up later. The IMF World Economic Outlook estimates a general government surplus of 0.5% of GDP in 2025 and projects a deficit of 2.5% in 2026. The Ministry of Finance site could not be reached on 15 October 2026.

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

How much public debt does Tajikistan have?

Tajikistan's general government debt was 18.6% of GDP in 2025, down from 24.9% in 2024 and 29.9% in 2023, according to the IMF World Economic Outlook of October 2026. The IMF projects 18.3% for 2026.

Gross debt includes loans from foreign governments and international lenders as well as domestic borrowing. The ratio falls when GDP grows faster than debt; Tajikistan's nominal GDP has been rising quickly. Much of the debt is in foreign currency, so its value in somoni changes with the exchange rate.

Official sources: IMF World Economic Outlook, October 2026

What is Tajikistan's government debt?

According to the IMF, general government gross debt in Tajikistan was 18.6% of GDP in 2025. That is the lowest since at least 2005. Europe & Central Asia median: 46.9% of GDP; Tajikistan is 48th highest of 51. Worldwide: 172nd of 185.

Does Tajikistan's government borrow more than it raises?

0.5% of GDP: that is general government net lending or borrowing in Tajikistan for 2025, according to the IMF. Its high point since 2005 was 2007, at 2.1% of GDP; its low point was 2017, at -5.6% of GDP. It is 12th highest of 51 in Europe & Central Asia, where the median is -2.4% of GDP. World rank, highest first: 31st of 188.

How much does Tajikistan's government take in?

31.4% of GDP: that is general government revenue in Tajikistan for 2025, according to the IMF. It is the top of the series, which starts in 2005. Across Europe & Central Asia the middle value was 41.3% of GDP, and Tajikistan placed 41st highest of 50. World rank, highest first: 70th of 187.

How big is Tajikistan's government spending as a share of GDP?

30.9% of GDP: that is general government spending in Tajikistan for 2025, according to the IMF. Its high point since 2005 was 2017, at 33.8% of GDP; its low point was 2008, at 20.2% of GDP. Europe & Central Asia median: 43.3% of GDP; Tajikistan is 42nd highest of 50. Of 186 countries with 2025 data, 90th highest.

How much tax does Tajikistan collect?

The IMF puts central government tax revenue in Tajikistan at 10.7% of GDP in 2024. In 2004 the figure was 9.8% of GDP. Europe & Central Asia median: 20.8% of GDP; Tajikistan is 41st highest of 42. Of 92 countries with 2024 data, 82nd highest.

What is Tajikistan's military budget as a share of GDP?

The latest figure from SIPRI, for 2025, is 1.5% of GDP. The peak was 2.4% of GDP in 2023 and the low 0.9% of GDP in 2020. It is 38th highest of 46 in Europe & Central Asia, where the median is 2.0% of GDP. World rank, highest first: 83rd of 149.