Recent economic and innovation performance

In 2014, Tajikistan moved from being a low income to a lower-middle-income economy according to the World Bank classification, with a gross national income (GNI) per capita of around $1,060 in 2014 ($2,630 on a PPP basis). This is the result of strong growth in real GDP, which has expanded at an average rate of 6.8% per annum over the past decade.2 Therefore, there has been considerable economic progress given the initial challenges from being one the lowest income Soviet republics at the time of independence and suffering a damaging civil war from 1992-1997 that severely hampered economic development, and from which real GDP per capita has still to fully recover. At the same time, poverty rates have declined rapidly over recent years, while life expectancy has risen.

Related Subject(s): Economic and Social Development