Tajikistan remains the poorest country in the former Soviet sphere

Asia-Plus

Citing data provided by the International Monetary Fund (IMF), media reports say Tajikistan remains the poorest country in the post-Soviet area.      

Tajikistan’s average annual per capita income reportedly amounts to 833.00 U.S. dollars, which is 1.4 times lower than in Kyrgyzstan, more than two times lower than in Uzbekistan and more than ten times lower than in Kazakhstan. 

In Kyrgyzstan, an average annual per capita income reportedly amounts to US$1,147, In Uzbekistan —  US$1,762, and in Kazakhstan — US$8,781. 

In the post-Soviet area, the highest average annual per capita income was reported in Estonia – about US$23,000.

Estonia is followed by Lithuania (more than US$19,800) and Latvia (more than US$17,200).   

In the Russian Federation, average annual per capita income reportedly amounts to US$9,972, in Belarus – US$6,133, in Armenia – US$4,314, in Moldova – US$4,267, in Azerbaijan – US$4,124, and in Ukraine – US$3,491.    

Meanwhile, IMF’s World Economic Outlook, October 2020: A Long and Difficult Ascent predicts economic growth in Tajikistan this year at 1.0 percent against last year’s 7.5 percent.  

However, IMF experts expect the country’s economic growth to recover next year, reaching 6.0 percent.   

Meanwhile, Tajik government predicted economic growth in the country in 2020 at 7.9 percent.  

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