Market Research In Tajikistan

Tajikistan Profile:

  • Tajikistan, officially the Republic of Tajikistan is a mountainous, landlocked country in Central Asia. Mountains cover more than 90% of the country.
  • Tajikistan’s mineral resources include silver, gold, uranium, antimony, and tungsten. Other energy resources include sizable coal deposits and smaller reserves of natural gas and petroleum.
  • Cotton accounts for 60% of agricultural output, supporting 75% of the rural population, and using 45% of the irrigated arable land.
  • Tajikistan is a member of the United Nations, CIS, OSCE, OIC, ECO, SCO, and CSTO as well as a NATO PfP partner.
  • Drug trafficking is the major illegal source of income in Tajikistan, as it is an important transit country for Afghan narcotics bound for Russian

Tajikistan Economy:

  • Tajikistan has a transition economy that is highly dependent on remittances, aluminum and cotton production.
  • Today, Tajikistan has one of the lowest per capita GDPs among the 15 former Soviet republics. Less than 7% of the land area is arable and cotton is the most important crop.
  • The industry consists mainly of small obsolete factories in food processing and light industry, substantial hydropower facilities, and a large aluminum plant, currently operating well below its capacity.
  • Recent slowdowns in the Russian and Chinese economies, low commodity prices, and currency fluctuations are hampering economic growth in Tajikistan.
  • The government faces challenges in financing the public debt, which is equivalent to 35% of GDP, and the National Bank of Tajikistan has aggressively spent its reserves to bolster the weakening somoni, leaving little space for fiscal or monetary measures to counter any additional economic shocks

Tajikistan Facts:

  • Population: 8.5 million
  • Capital: Dushanbe
  • Largest city: Dushanbe
  • Area: 144,100 sq km
  • Major language: Tajik (official), Russian widely used in government and business
  • Major religion: Sunni Muslim 85%, Shia Muslim 5%, other 10%
  • Life expectancy: 64.9 years (Male), 71.4 years (Female)
  • Monetary unit: 1 Somoni (TJS) = 100 Diram
  • Main exports: Aluminium, electricity, cotton, fruits, vegetable oil, textiles
  • GNI per Capita: $3,510

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