DUSHANBE, July 26, 2013, Asia-Plus — The gross domestic product (GDP) per capita in Tajikistan was last recorded at 1,000 U.S. dollars this year, while it did not exceed 400.00 U.S. dollars several years ago.
The Minister of Finance of Finance, Safarali Najmiddinov, stated this at a news conference in Dushanbe on July 26.
According to him, international financial institutions now list Tajikistan among middle-income countries. “The fact that Tajikistan moved from the low-income to middle-income category will allow us to attract additionally not only grants but also preferential loan resources and investments,” the minister said.
According to the World Bank, middle-income countries (MICs) are the countries that fall into the middle-income range set by the Bank”s World Development Indicators. MICs reportedly account for account for just under half of the world”s population; are home to one-third of people across the globe living on less than $2 per day; and are found in all six of the Bank”s geographical regions. They cover a wide income range, with the highest income MIC having a per capita income 10 times that of the lowest.
Meanwhile, Trading Economics reports that in 2011, the Gross Domestic Product per capita in Tajikistan was recorded at 934.82 US dollars. Tajikistan GDP per capita reportedly averaged 385.27 USD from 1990 until 2011.
In 2012, Tajikistan was ranked 153th among 182 countries in terms of GDP per capita. Last year, GDP in per capita in Tajikistan was recorded at 953.00 U.S dollars.
The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population.
According to data of the Ministry of Economic Development and Trade (MEDT), the poverty rate is on a sustainable downward trend in Tajikistan. The Tajik poverty rate reportedly decreased from 50 percent in 2008 to 46.7 percent in 2009, 45 percent in 2010, 41 percent in 2011 and 38.3 percent in 2012. Accordingg to Tajikistan’s Livelihood Improvement Strategy (LIS) for 2013-2015, the Tajik poverty rate is expected to decrease to 31.5 percent by 2015.
