Despite Global Crises, Tajik Economy Shows Strong Growth Over Five Years

The Tajik Ministry of Economy and Trade has announced that despite the impact of global economic crises, GDP increased by 74.3 billion somoni ($7.884 billion) over the past five years, reflecting steady economic growth and development.

Speaking at a ceremony marking the 34th anniversary of the country’s independence, Tajik Minister of Economy and Trade Zavqi Zavqizoda highlighted the nation’s achievements in ensuring sustainable development and improving living standards for its citizens, The Caspian Post reports via Tajik media.

Zavqizoda noted that Tajikistan’s GDP reached 153.4 billion somoni ($16.275 billion) in 2024, representing a 2.2-fold increase over the past five years. Over this period, the average annual growth rate of the national economy was 7.7 per cent (or 8.5 per cent excluding 2020, the year affected by the COVID-19 pandemic), which is 0.7-1.5 per cent higher than the previous five-year period (2015-2019).

In the first half of 2025, macroeconomic indicators remained stable, with GDP reaching 70.8 billion somoni ($7.512 billion) and a real growth rate of 8.1 per cent. Growth during this period was largely driven by increases in production volumes across key sectors, including:

Industrial goods - 24 per cent

Investments in fixed capital - 14.6 per cent

Paid services - 12.8 per cent

Agriculture - 9.7 per cent

Transportation - 9.3 per cent

Trade turnover - 9 per cent

Passenger transport - 5.8 per cent

Continuing the session, Zavqizoda urged officials to maintain momentum, emphasizing the need to strengthen macroeconomic stability and achieve the government’s strategic objectives.