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Economy -
overview:
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Afghanistan's
economy is recovering from decades of conflict.
The economy has improved significantly since the
fall of the Taliban regime in 2001 largely
because of the infusion of international
assistance, the recovery of the agricultural
sector, and service sector growth. Despite the
progress of the past few years, Afghanistan is
extremely poor, landlocked, and highly dependent
on foreign aid, agriculture, and trade with
neighboring countries. Much of the population
continues to suffer from shortages of housing,
clean water, electricity, medical care, and
jobs. Criminality, insecurity, weak governance,
and the Afghan Government's inability to extend
rule of law to all parts of the country pose
challenges to future economic growth.
Afghanistan's living standards are among the
lowest in the world. While the international
community remains committed to Afghanistan's
development, pledging over $67 billion at four
donors' conferences since 2002, the Government
of Afghanistan will need to overcome a number of
challenges, including low revenue collection,
anemic job creation, high levels of corruption,
weak government capacity, and poor public
infrastructure.
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GDP
(purchasing power parity):
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$29.81
billion (2010 est.)
country
comparison to the world: 109
$27.38
billion (2009 est.)
$22.34
billion (2008 est.)
note:
data
are in 2010 US dollars
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GDP
(official exchange rate):
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$16.63
billion (2010 est.)
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GDP - real
growth rate:
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8.9% (2010
est.)
country
comparison to the world: 6
22.5% (2009
est.)
3.4% (2008
est.)
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GDP - per
capita (PPP):
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$1,000 (2010
est.)
country
comparison to the world: 212
$1,000 (2009
est.)
$800 (2008
est.)
note:
data
are in 2010 US dollars
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GDP -
composition by sector:
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agriculture: 31%
industry: 26%
services: 43%
note:
data
exclude opium production (2008 est.)
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Labor
force:
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15 million
(2004 est.)
country
comparison to the world: 39 |
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Labor
force - by occupation:
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agriculture: 78.6%
industry: 5.7%
services: 15.7%
(FY08/09 est.)
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Unemployment
rate:
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35% (2008
est.)
country
comparison to the world: 183
40% (2005
est.)
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Population
below poverty line:
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36% (FY08/09)
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Household
income or consumption by percentage share:
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lowest 10%: NA%
highest 10%: NA%
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Inflation
rate (consumer prices):
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13.3% (2009
est.)
country
comparison to the world: 214
20.7% (2008
est.)
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Commercial
bank prime lending rate:
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15% (31
December 2009 est.)
country
comparison to the world: 48
14.92% (31
December 2008 est.)
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Stock of
narrow money:
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$3.943
billion (31 December 2009)
country
comparison to the world: 100
$2.819
billion (31 December 2008)
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Stock of
broad money:
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$4.149
billion (31 December 2009)
country
comparison to the world: 125
$2.915
billion (31 December 2008)
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Stock of
domestic credit:
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$363.6
million (31 December 2008 est.)
country
comparison to the world: 166
$20.06
million (31 December 2007 est.)
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Market
value of publicly traded shares:
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$NA
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Agriculture
- products:
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opium, wheat,
fruits, nuts; wool, mutton, sheepskins,
lambskins
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Industries:
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small-scale
production of textiles, soap, furniture, shoes,
fertilizer, apparel, food-products,
non-alcoholic beverages, mineral water, cement;
handwoven carpets; natural gas, coal, copper
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Industrial
production growth rate:
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NA%
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Electricity
- production:
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285.5 million
kWh (2009 est.)
country
comparison to the world: 168 |
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Electricity
- consumption:
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231.1 million
kWh (2009 est.)
country
comparison to the world: 175 |
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Electricity
- exports:
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0 kWh (2008
est.)
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Electricity
- imports:
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230 million
kWh (2007 est.)
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Oil -
production:
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0 bbl/day
(2009 est.)
country
comparison to the world: 116 |
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Oil -
consumption:
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5,000 bbl/day
(2009 est.)
country
comparison to the world: 164 |
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Oil -
exports:
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0 bbl/day
(2007 est.)
country
comparison to the world: 138 |
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Oil -
imports:
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4,404 bbl/day
(2007 est.)
country
comparison to the world: 161 |
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Oil -
proved reserves:
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0 bbl (1
January 2010 est.)
country
comparison to the world: 99 |
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Natural
gas - production:
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30 million cu
m (2008 est.)
country
comparison to the world: 84 |
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Natural
gas - consumption:
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30 million cu
m (2008 est.)
country
comparison to the world: 108 |
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Natural
gas - exports:
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0 cu m (2008
est.)
country
comparison to the world: 46 |
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Natural
gas - imports:
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0 cu m (2008
est.)
country
comparison to the world: 70 |
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Natural
gas - proved reserves:
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49.55 billion
cu m (1 January 2010 est.)
country
comparison to the world: 65 |
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Current
account balance:
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-$2.475
billion (2009 est.)
country
comparison to the world: 160
$85 million
(2008 est.)
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Exports:
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$547 million
(2009 est.)
country
comparison to the world: 164
$603 million
(2008 est.); note - not including illicit
exports or reexports
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Exports -
commodities:
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opium, fruits
and nuts, handwoven carpets, wool, cotton, hides
and pelts, precious and semi-precious gems
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Exports -
partners:
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US 26.47%,
India 23.09%, Pakistan 17.36%, Tajikistan 12.51%
(2009)
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Imports:
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$5.3 billion
(2008 est.)
country
comparison to the world: 109
$4.5 billion
(2007)
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Imports -
commodities:
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machinery and
other capital goods, food, textiles, petroleum
products
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Imports -
partners:
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Pakistan
26.78%, US 24.81%, India 5.15%, Germany 5.06%,
Russia 4.04% (2009)
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Debt -
external:
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$2.7 billion
(2008/2009)
country
comparison to the world: 134
$8 billion
(2004)
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Exchange
rates:
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afghanis (AFA)
per US dollar - 50.23 (2009), 50.25 (2008), 50
(2007), 46 (2006), 47.7 (2005), 48 (2004)
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