DUSHANBE, October 14, 2015, Asia-Plus — Based on current data, the gross domestic product (GDP) for the first nine month of this year was 33.6438 billion somoni (equivalent to more than 5.1 billion U.S. dollars), according to the Agency for Statistics under the President of Tajikistan.
The real GDP growth rate has fallen 0.5 percent over the report period compared to January-September 2014 – from 6.9 percent to 6.4 percent.
In January-September 2015, GDP structure by sources of income included: agriculture, hunting, forestry and fishing – 12.4 percent; sale and repair of automobiles and home appliances and consumer goods, hotels and restaurants – 14.8 percent; transportation, communications and warehousing – 11.7 percent; industry and energy – 12.5 percent; taxes – 12.9 percent; construction – 11.5 percent; etc.
The government expects gross domestic product for this year to stand at 47 billion somoni.
Meanwhile, international financial institutions forecast annual domestic product (GDP) growth for Tajikistan to slow appreciably this year.
The Asian Development Bank ADB”s flagship economic publication, Asian Development Outlook 2015 (ADO), forecasts annual gross domestic product (GDP) growth for Tajikistan to slow to 4.0 percent in 2015, and 4.8 percent in 2016, reflecting a recession in the Russian Federation and continued weakness in forecast commodity prices.
The European Bank for Reconstruction and Development (EBRD) forecasts annual GDP growth for Tajikistan to slow to 4.4 percent in 2015.
The World Bank forecasts annual GDP growth for Tajikistan to slow to 6.0 percent in 2015.
We will recall that Tajikistan’s GDP for 2014 was 45.6 billion somoni, an increase of 6.7 percent over 2013 in comparable prices.
