4 GeoFroggy

Economy Overview

In 2016 Afghanistan's growth rate was only marginally above that of 2014 and 2015. The drawdown of international security forces that started in 2012 has negatively affected economic growth, as a substantial portion of commerce, especially in the services sector, has catered to the ongoing international troop presence in the country. Afghan President Ashraf GHANI Ahmadzai is dedicated to instituting economic reforms to include improving revenue collection and fighting corruption. However, the reforms will take time to implement and Afghanistan will remain dependent on international donor support over the next several years.

Agriculture Products

opium, wheat, fruits, nuts; wool, mutton, sheepskins, lambskins, poppies

Industries

small-scale production of bricks, textiles, soap, furniture, shoes, fertilizer, apparel, food products, non-alcoholic beverages, mineral water, cement; handwoven carpets; natural gas, coal, copper

Industrial Production Growth Rate

2.4% (2014 est.)

Labor Force

7.983 million (2013 est.)

Labor Force by Occupation

Agriculture: 78.6%

Industry: 5.7%

Services: 15.7% (FY08/09 est.)

Unemployment Rate

40% (2005 est.)

Population Below Poverty Line

35.8% (2011 est.)

Household Income or Consumption by Percentage Share

Lowest 10%: 3.8%

Highest 10%: 24% (2008)

Budget

Revenues: $1.992 billion

Expenditures: $6.636 billion (2016 est.)

Public Debt

9.3% of GDP (2015 est.)

Commercial Bank Prime Lending Rate

Stock of Narrow Money

$6.192 billion (31 December 2013 est.)

Stock of Broad Money

$6.544 billion (31 December 2013 est.)

Stock of Domestic Credit

$-70.18 million (31 December 2015 est.)

Market Value of Publicly Traded Shares

$NA

Reserves of Foreign Exchange and Gold

$6.232 billion (31 December 2015 est.)

Debt External

$2.7 billion (FY08/09)

Stock of Direct Foreign Investment at Home

Stock of Direct Foreign Investment Abroad

Exchange Rates

46.45 (2010)
Year

GDP Official Exchange Rate

  • $19.45 billion 2016 est.

Taxes and Other Revenues

  • 10.5% of GDP (2016 est.)

Budget Surplus or Deficit

  • -24.6% of GDP (2016 est.)

Fiscal Year

  • 21 December - 20 December

GDP Purchasing Power Parity

    $62.78 billion (2014 est.)

GDP Real Growth Rate

    2.7% (2014 est.)

GDP Per Capital

    $2,100 (2014 est.)

Gross National Saving

    23.2% of GDP (2014 est.)

GDP Composition by end Use

  • Household consumption
    108.6%
  • Government consumption
    12.8%
  • Investment in fixed capital
    18.2%
  • Investment in inventories
    0%
  • Exports of goods and services
    6.6%
  • Imports of goods and services
    -46.2% (2014 est.)

GDP Composition by Sector of Origin

  • Agriculture
    22%
  • Industry
    22%
  • Services
    56%
  • Note
    data exclude opium

Inflation Rate Consumer Prices

    -2.9% (2015 est.)

Current Account Balance

    $-4.721 billion (2015 est.)

Exports

    $580 million (2015 est.)

Exports Partners

  • Pakistan
    46.3%
  • India
    37.6%

Exports Commodities

    Opium, fruits and nuts, handwoven carpets, wool, cotton, hides and pelts, precious and semi-precious gems

Imports

    $7.034 billion (2015 est.)

Imports Partners

  • Iran
    19.3%
  • Pakistan
    18.3%
  • China
    16.7%
  • Kazakhstan
    9.5%
  • Uzbekistan
    6.1%
  • Turkmenistan
    5.4%
  • Malaysia
    4%

Imports Commodities

    Machinery and other capital goods, food, textiles, petroleum products