ECONOMIC CONDITION OF AFGHANISTAN

Economy before soviet invastion

• Before the Soviet invasion in 1979, the economy was almost entirely controlled by the government of Afghanistan, with most investments taking place within the public sector

The private sector extended only to agriculture and trade.

Economy of Afghanistan

The economy of Afghanistan has improved significantly since 2002 due to the infusion of billions of dollars in international assistance and investments as well as remittances from Afghan expats

The help that came from expats and outside investments saw this significant increase when there was more political reliability after the fall of the many terrorists groups in the early 2000s like the Taliban. The recent improvement is also due to dramatic improvements in agricultural production and the end of a four-year drought in most of the country.

Trade organizations

SAARC (South Asian Association Regional Cooperation )

ECO (Economic Cooperation Organization )

SCO (Shanghai Cooperation Organization )

WTO

CURRENCY AFGHANI (AFN)

FISCAL YEAR

21 MARCH

GDP

GDP $22 billions (2014)

Growth 6.40% (2014)

GDP by sector (2011)

Agriculture: 20%

Industry: 25.6% 

Services: 54.4%

Different rates of economy

Inflation rate is 6.11% (2014)

Population below poverty line 36% (2009)

Labor forcer 7.512 million (2012)

Labor forcer by occupation (2008)

Agriculture 78.6%

Industry 5.7%

Services 15.7% 

Unemployment 8.6% (2015) ( source world bank)

Main industries

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

External sources

Exports $376 millions

Exports goods

opium, fruits and nuts, Afghan rugs, wool, cotton, hides , pelts and gemstone

Exports partners

Pakistan =33.1%

India =29.1%

Tajikistan=8.7%

United states=5.8%

Imports

6.9billion dollars

imports goods

Machinery , capital goods, petroleum products

Imports partner (2012)

Pakistan 25.8%

United states 17.8%

Russia 8.4%

India 5.5%

Kazakhstan 4.5%

Germany 4.3%

THANK YOU FOR YOUR ATTENTION.