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Tajikistan's economy ranking: GDP & GDP per capita, debt

Updated on by Georank team

Tajikistan ranked 145/197 by economy size with a GDP of $14.2B and 167/197 by GDP per capita at $1,341. Tajikistan has $4.2B in government debt, with a debt-to-GDP ratio of 28.4%.

In 2025, Tajikistan made up 0.01% of the world's economy, compared to 0.01% in 1990.

The chart below shows GDP in nominal terms, GDP adjusted for inflation (in constant dollars), and a bar chart of year-over-year inflation-adjusted growth.

GDP, current $
GDP, constant 2015 $
GDP growth
Year GDP GDP growth
Current $ Constant $
1985 - $6,548,213,772 -
1986 - $6,777,401,246 -
1987 - $6,696,072,428 -
1988 - $7,626,826,568 -
1989 - $7,131,082,791 -
1990 $2,629,395,066 $7,088,296,320 -
1991 $2,536,585,366 $6,585,027,346 -3.53%
1992 $1,908,554,572 $4,675,369,346 -24.8%
1993 $1,646,623,195 $3,908,608,781 -13.7%
1994 $1,522,001,206 $3,076,075,188 -7.57%
1995 $1,231,561,860 $2,694,139,780 -19.1%
1996 $1,043,654,822 $2,244,218,479 -15.3%
1997 $921,518,033 $2,281,936,479 -11.7%
1998 $1,320,199,582 $2,403,172,744 43.3%
1999 $1,086,612,290 $2,492,079,339 -17.7%
2000 $860,541,842 $2,699,528,109 -20.8%
2001 $1,080,772,551 $2,958,165,475 25.6%
2002 $1,221,106,220 $3,277,647,458 13%
2003 $1,555,318,261 $3,638,188,648 27.4%
2004 $2,076,176,869 $4,012,922,040 33.5%
2005 $2,312,352,021 $4,281,787,757 11.4%
2006 $2,830,213,849 $4,581,513,037 22.4%
2007 $3,719,524,541 $4,938,871,060 31.4%
2008 $5,161,299,725 $5,329,041,788 38.8%
2009 $4,979,472,364 $5,536,874,479 -3.52%
2010 $5,642,221,099 $5,896,771,270 13.3%
2011 $6,522,756,255 $6,333,132,379 15.6%
2012 $7,633,036,903 $6,808,117,273 17%
2013 $8,448,411,318 $7,311,917,934 10.7%
2014 $9,112,605,459 $7,801,816,486 7.86%
2015 $8,271,431,485 $8,271,431,485 -9.23%
2016 $6,992,416,097 $8,842,160,258 -15.5%
2017 $7,536,402,853 $9,469,953,673 7.78%
2018 $7,764,999,999 $10,189,670,047 3.03%
2019 $8,300,813,599 $10,943,705,647 6.9%
2020 $8,133,963,551 $11,425,228,817 -2.01%
2021 $8,937,805,347 $12,499,200,275 9.88%
2022 $10,713,525,200 $13,499,136,339 19.9%
2023 $12,244,169,293 $14,619,564,550 14.3%
2024 $14,204,575,549 $15,847,607,944 16%

Economic Statistics of Tajikistan

Tajikistan Rank
Gross domestic product
$14.2B
2024
145/197
GDP growth
16%
2023-2024
14/196
GDP per capita
$1,341
2024
167/197
GDP per capita, PPP
$5,406
2024
156/197
Government debt
$4.2B
2024
148/185
Debt-to-GDP ratio
28.4%
2025
161/185
Government debt per person
$396
2024
171/185
Average annual personal income after taxes
$2,250
2025
160/197
Income share by richest 10%
28.2%
2024
79/169
Income share by poorest 10%
2.9%
2024
79/169
Government expenditure, % of GDP
30.3%
2025
98/195
Consumer prices inflation
3.8%
2024-2025
76/195
Central bank interest rate
7.75%
2025
35/105
Unemployment rate
0.08%
2016
196/196
Population
10940854
91/197

Tajikistan's GDP per capita

Tajikistan has a GDP per capita of $1,341, ranking 167/197, a GDP per capita based on purchasing power parity (PPP) of $5,406, ranking 156/197, and a median annual after tax income of $2,250, ranking 160/197.

GDP per capita
GDP per capita, PPP
Year Current $
GDP per capita GDP per capita, PPP
1990 $487 $2,583
1991 $458 $2,417
1992 $338 $1,721
1993 $287.6 $1,454
1994 $261.3 $1,148
1995 $207 $1,006
1996 $172 $836
1997 $150.1 $855
1998 $213.7 $905
1999 $175 $947
2000 $136.9 $1,036
2001 $168.7 $1,139
2002 $187 $1,257
2003 $233.6 $1,396
2004 $306 $1,550
2005 $334 $1,673
2006 $401 $1,810
2007 $517 $1,966
2008 $703 $2,120
2009 $665 $2,171
2010 $737 $2,291
2011 $834 $2,456
2012 $952 $2,679
2013 $1,028 $2,919
2014 $1,082 $3,152
2015 $957 $2,975
2016 $789 $2,914
2017 $829 $3,017
2018 $834 $3,069
2019 $871 $3,460
2020 $834 $3,654
2021 $897 $3,986
2022 $1,052 $4,514
2023 $1,178 $4,964
2024 $1,341 $5,406

Tajikistan's government spending, deficit, and chart

This chart shows Tajikistan's government spending, budget balance, and debt over time, each expressed as a share of GDP.

Over the past 28 years, Tajikistan recorded a fiscal deficit in 22 years — average annual deficit equal to -1.69% of GDP. In 2024, government spending reached $4.27B (30.3% of GDP), with a deficit of -2.5%.

The national debt reached $4.2B, ranking 148th out of 185 countries by total size, with a debt-to-GDP ratio of 28.4%, ranking 161st.

Government spending
Government debt
Deficit/surplus
Year % of GDP
Government spending Government debt Government deficit/surplus
1998 17.1% 96.6% -5.09%
1999 17.5% 107.8% -4.03%
2000 18.1% 111.4% -4.51%
2001 17.3% 99.4% -2.11%
2002 19.1% 98.3% -2.4%
2003 19.1% 69.8% -1.74%
2004 20.2% 49.4% -2.32%
2005 22.9% 45.8% -2.83%
2006 21.6% 36.8% 2%
2007 20.3% 34.3% 2.13%
2008 20.2% 30.2% 1.94%
2009 23.6% 36.9% -0.2%
2010 25.9% 36.8% -2.71%
2011 24.3% 35.5% 0.6%
2012 24.7% 32.5% 0.41%
2013 27.7% 29.3% -0.73%
2014 27.5% 27.9% 0.92%
2015 31.9% 35% -1.96%
2016 32.7% 42.2% -2.91%
2017 33.8% 46.3% -5.65%
2018 30.9% 46.6% -2.69%
2019 28.8% 43.5% -2.04%
2020 29.2% 51.8% -4.34%
2021 27.6% 42.1% -0.67%
2022 28% 32.5% -0.23%
2023 31% 30.9% -1.27%
2024 30% 29.5% -2.5%
2025 30.3% 28.4% -2.5%

Inflation rate by year

Over the past 20 years, Tajikistan has had an average annual inflation rate of 7.58%. In 2025, inflation was 3.8%. The bar chart below shows consumer price inflation by year.

Year Inflation
1993 2,601%
1994 350%
1995 613%
1996 419%
1997 88%
1998 43.2%
1999 27.5%
2000 32.9%
2001 38.6%
2002 12.2%
2003 16.4%
2004 7.2%
2005 7.3%
2006 10%
2007 13.2%
2008 20.4%
2009 6.4%
2010 6.5%
2011 12.4%
2012 5.8%
2013 5%
2014 6.1%
2015 5.8%
2016 5.9%
2017 7.3%
2018 3.8%
2019 7.8%
2020 8.6%
2021 9%
2022 6.6%
2023 3.7%
2024 3.5%
2025 3.8%

Balance of trade

Tajikistan Rank
Current account balance
$887M
2024
53/189
Current account balance, % of GDP
+6.24%
2024
25/189
Goods imports
$5.94B
2024
129/188
Goods exports
$1.42B
2024
142/188
Service imports
$971M
2024
146/188
Service exports
$195M
2024
162/188
Imports of goods and services, % of GDP
48.4%
2023
81/180
Exports of goods and services, % of GDP
17.2%
2023
157/193

Tajikistan's top 10 trading partners

Tajikistan's biggest trading partner accounting for 24.6%% of all exports and imports is Russia, with a trade balance between the two of -$1.45B — Tajikistan exports $135M worth of goods and services to Russia and imports $1.58B.

Below is the list of the top 10 trade partners of Tajikistan.

Rank Country Trade value Share of total trade Export to Import from Top export to Top import from
1 Russia $1.71B 24.6% $135M $1.58B Textiles & consumer goods Raw materials & minerals
2 China $1.5B 21.6% $313M $1.19B Raw materials & minerals Machinery & equipment
3 Kazakhstan $1.15B 16.5% $255M $893M Raw materials & minerals Raw agricultural goods
4 Uzbekistan $505M 7.24% $151M $354M Raw materials & minerals Raw materials & minerals
5 Turkey $363M 5.21% $165M $198M Metals Machinery & equipment
6 Iran $255M 3.65% $99.7M $155M Textiles & consumer goods Metals
7 United States $201M 2.89% $200K $201M Raw agricultural goods Machinery & equipment
8 Germany $183M 2.62% $535K $182M Raw agricultural goods Machinery & equipment
9 Japan $181M 2.6% $868K $180M Raw agricultural goods Machinery & equipment
10 South Korea $116M 1.67% $3K $116M Textiles & consumer goods Machinery & equipment

Tajikistan's top 10 exports

Tajikistan Rank
Raw materials & minerals $544M 118/193
Metals $303M 102/192
Textiles & consumer goods $298M 97/193
Transport & tourism services $121M 153/188
Machinery & equipment $54.2M 138/193
Raw agricultural goods $51.2M 131/193
Processed food, beverages & tobacco $14.2M 156/192
Chemicals & pharma $11.5M 146/193
Animal & marine products $8.68M 154/192
Manufacturing & construction services $7.13M 131/164

Tajikistan's top 10 imports

Tajikistan Rank
Machinery & equipment $1.67B 130/193
Raw materials & minerals $1.25B 133/193
Processed food, beverages & tobacco $622M 125/193
Transport & tourism services $572M 143/188
Metals $511M 120/193
Raw agricultural goods $477M 108/193
Chemicals & pharma $446M 137/193
Wood & paper products $316M 95/193
Textiles & consumer goods $315M 137/193
Animal & marine products $55M 154/193

Economic freedom indices

Tajikistan Rank
Economic freedom 51.5 152/197
Property rights 28.8 146/182
Government integrity 15.7 146/182
Judicial effectiveness 11.2 146/182
Tax burden 92.3 23/181
Government spending 75 80/180
Fiscal health 97.3 15/181
Business freedom 56.2 119/182
Labor freedom 43.6 167/182
Monetary freedom 71 91/180
Trade freedom 72.2 89/181
Investment freedom 25 160/181
Financial freedom 30 151/181

Tajikistan's economic freedom by year

Tajikistan is ranked 138/180 for economic freedom with a score of 51.5, compared to 136/163 and a score of 50.4 in 2005.

Economic freedom
Judicial effectiveness
Tax burden
Government spending
Fiscal health
Year Index
Economic freedom Judicial effectiveness Tax burden Government spending Fiscal health
1998 41.1 - 57.5 89.3 -
1999 41.2 - 57.7 89.3 -
2000 44.8 - 57.6 90.3 -
2001 46.8 - 58 92.3 -
2002 47.3 - 61.6 91.3 -
2003 46.5 - 74 94 -
2004 48.7 - 85 93 -
2005 50.4 - 84.8 88.9 -
2006 52.6 - 91.1 89.1 -
2007 53.6 - 89.7 87.6 -
2008 54.4 - 89.3 84.1 -
2009 54.6 - 89.3 85.9 -
2010 53 - 88.9 78 -
2011 53.5 - 88.6 77.3 -
2012 53.4 - 89 75.5 -
2013 53.4 - 92.8 78.1 -
2014 52 - 92.3 78.1 -
2015 52.7 - 92.1 81.9 -
2016 51.3 - 91.6 76.9 -
2017 58.2 45.6 90.9 74.1 95.8
2018 58.3 50.3 91.8 71.4 90.4
2019 55.6 52.1 91.8 64.6 60.3
2020 52.2 50 91.8 62.3 26
2021 55.2 48.8 91.9 68.6 75.1
2022 49.7 9.1 95.3 72.4 80
2023 50.6 17.7 92 75.2 87.2
2024 51.3 12.4 92.6 76.1 93
2025 51.5 11.2 92.3 75 97.3

More economic indicators

Tajikistan Rank
Services, % of GDP
34.7%
2023
186/191
Industry, % of GDP
33.6%
2023
38/194
Agriculture, forestry, and fishing, % of GDP
22.9%
2023
27/193
GNI, Atlas method
$17.5B
2024
131/194
GNI per capita, PPP
$7,100
2024
142/191
Total reserves including gold
$3.3B
2023
117/177
Net foreign direct investment
-$190M
2024
81/188
Net inflows of foreign direct investment
$291M
2024
128/193
Net outflows of foreign direct investment
$101M
2024
86/187
Servicing debt to the IMF, % of GNI
3.78%
2023
63/119
Poverty at national poverty lines
19.8%
2024
103/176
Gross capital formation, % of GDP
31.7%
2023
27/176

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GDP per capita map

GDP per capita

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.