Tajikistan Economic Overview

By | August 4, 2022
Basic data
Capital Dushanbe
Population 9.83 million
Language official language Tajik, widespread Russian
Religion Islam (over 96%)
State system presidential republic
Head of State Emomali Rachmon
Head of government Rasulzoda Kochir
Currency name somoni
Travel
Time shift +3 hours (+4 in winter)
Economy 2021
Nominal GDP (billion USD) 47.5
Economic growth (%) 5
Inflation (%) 9.2
Unemployment (%) 7.5

Tajikistan is an important country in the Central Asian region in terms of its strategic location as a transit area on the border of Europe and Asia with rich natural resources and a growing internal market. The interests of not only the Russian Federation and China, but also Turkey, Iran and Afghanistan collide here. Tajikistan tries to balance these power interests by strengthening regional cooperation and focusing on cooperation with the EU.

In light of the events in Ukraine, it is clear that Western sanctions will negatively affect the economy of Tajikistan. TJ remittances of labor migrants from Russia are expected to decline, which will have a major impact and lead to a potential increase in unemployment. Russia is a strategic partner of Tajikistan, but it also does not pay to spoil relations with the West. Therefore, the country’s authorities do not speak sharply and openly about their attitude to the war.

According to allcountrylist, Russia is historically one of Tajikistan’s closest economic and political partners. China is expanding its influence in the region by actively entering the markets of Central Asian countries and investing in various areas of the economy. The interest of great powers such as Russia, the USA and China in penetrating Tajikistan also strengthens its neighborhood with Afghanistan.

The Republic of Tajikistan is a unitary multi-ethnic state. According to the constitution, it is a sovereign, democratic, legal and secular state with a presidential form of government. It is de facto an authoritarian presidential regime. The president is Emomali (Šaripovič) Rachmon. Tajikistan consistently shows one of the lowest values ​​of the GDP creation indicator per inhabitant within the CIS countries. The biggest problems in industrial production were caused by the lack of energy raw materials, i.e. especially natural gas due to the cessation of its supply from Uzbekistan due to the disagreement of these states on the issue of the construction of the Rogun hydroelectric power plant (UZ was concerned about the insufficient inflow of river water from the territory of Tajikistan for irrigation in the growing season ). The state was therefore forced to transfer industrial enterprises with high costs of burning coal with the help of loans and supplies of technological equipment from China. For these reasons, a contract was signed to create an open joint-stock company, where the Tajik side is a 51% shareholder; and on the construction of two hydroelectric power plants in the basin of the Zarafshan river, the only customer of which will be the Uzbek side, and the prices for it will be the same as the internal prices for electricity in Tajikistan.

The decline in the world prices of aluminum and cotton, as the main export commodities, also had a negative impact on the deteriorating economic situation of Tajikistan. Their exports reached a total of 36 million USD in 2020, which is 55.3% less than in 2019. Problems are also deepening in agriculture, where there is a lack of sufficient fertilizers and modern agricultural techniques, but as a result of labor migration to there was also a labor shortage abroad, which resulted in a permanent reduction in the production and export of cotton.

This Summary Territorial Information is processed for a country that is so-called accredited. The information is provided in an abbreviated form.

Contacts

Subchapters:

  • Contacts to Czech embassies in the territory
  • Practical telephone numbers (emergency services, police, firefighters, information lines, etc.)
  • Important Internet links and contacts

Contacts at the embassies of the Czech Republic in the territory

The Embassy of the Czech Republic in Tashkent is accredited for Tajikistan:

Embassy of the Czech Republic

3-Navnihol ko’chasi, 6-uy

Mirzo-Ulug’bek tumani Toshkent shahri,

100041 Tashkent / Uzbekistan

e-mail: tashkent@mzv.cz

website: www.mzv.cz/tashkent/ru/index.html

Czech:

Embassy of the Czech Republic

Navnichol Third Street 6

Mirzo-Ulugbek district

100041 Tashkent, Uzbekistan

phone: +998 711 206 071

e-mail: tashkent@mzv.cz

website: www.mzv.cz/tashkent

Russian:

Embassy of the Czech Republic

3-я ул. Navnihol,

6 Мирзо-Улугбекский район

100041 Tashkent Uzbekistan

phone +998 718 206 071

e-mail: tashkent@embassy.mzv.cz

www.mzv.cz/tashkent

Practical telephone numbers (emergency services, police, firemen, information lines, etc.)

firemen 01

police 02

rescue service 03

Important web links and contacts

TJ Chamber of Commerce and Industry – http://tpp.tj/en/

Ministry of Foreign Affairs TJ – https://www.mfa.tj/ru/main

Office of the President of TJ – http://president.tj/ru

Committee for Investments and Administration of State Property – www.tajinvest.tj

Tajik National Travel Company – www.traveltajikistan.tj

general information about TJ, information about other websites about Tajikistan – https://www.angelfire.com/sd/tajikistanupdate/

news in English – EurasiaNet – www.eurasianet.org/resource/tajikistan

news in English – www.tajikistannews.net

news – https://khovar.tj/rus/

Tajikistan Economic Overview