Tables

Table 1. Tajikistan: Selected Economic Indicators, 1997–2001
	1997	1998	1999	2000	2001
	(Percentage change over preceding period unless otherwise indicated)
Production
Nominal GDP (in billions of TR)	632.0	933.0	1,124.0	1,286.0	1,451.0
Nominal GDP (in millions of U.S. dollars)	1,087.4	1,242.1	1,498.7	1,714.0	1,935.0
Real GDP	1.7	3.4	4.0	4.0	4.5
Consumer Prices
Annualized monthly average	88.0	58.3	14.8	10	8
12 months (end-of-period)	163.6	16.8	12.5	10	8
Monetary Indicators
Reserve money (end of period)	193.5	9.3	22.1	15.9	16.0
Broad money (end of period)	110.7	19.8	26.3	22.1	22.8
Ruble broad money (end of period)	117.2	20.3	31.8	24.6	24.4
Banking system credit1,2	175.5	28.6	9.2	6.5	1.2
Credit to government1	91.9	26.1	0.0	0.0	0.0
Credit to economy1,2	83.5	2.5	9.2	6.5	1.2
Velocity3	18.5	18.1	17.2	15.4	14.0
General Government
Revenue (cash basis)4	13.7	14.8	15.9	16.2	16.2
Expenditure (cash basis)	17.0	18.2	19.7	19.3	19.5
Cash balance (deficit –)	-3.3	-3.3	-3.8	-3.1	-3.3
Domestic financing5	2.2	1.9	-0.3	-0.5	0.2
Gross external financing	1.2	2.0	4.9	5.5	5.6
Other net external financing	-0.1	-0.5	-0.8	-1.9	-2.5
Exchange Rate (TR per US$, end of period)
Official	748	750	750	750	750
Curb-market	815	…	…	…	…
External sector
Exports of goods	746	762	849	939	1008
Imports of goods	-759	-768	-854	-944	-1016
Current account balance	-60	-56	-62	-70	-80
(In percent of GDP)	-5	-5	-4	-4	-4
Net international reserves	-16	2	16	34	63
Gross international reserves	30	91	141	189	205
In months of imports6	0.6	1.9	2.5	3.0	3.0
Sources: Tajik authorities; and IMF staff estimates. 1Change relative to ruble broad money at the beginning of the corresponding period. 2Excludes special cotton financing. 3Nominal GDP divided by average ruble broad money. 4Includes grants. 5Includes domestic bank financing and privatization proceeds. 6Imports of goods and services excluding alumina and electricity.

 

Table 2. Tajikistan: Income and Social Indicators, 1996–2001
	Unit of		1997	1998	1999	2000	2001
	Measure	1996	Prel.	Prog.	Proj.	Proj.	Proj.
Population
Population (end year)	million	6.0	6.1	6.2	6.3	6.5	6.6
Population growth rate    (annual average)	percentage change	1.5	1.7	2.0	2.0	2.0	2.0
Urban population	percent of total	72	72	…	…	…	…
Poverty
Headcount Index1	percent of population	…	85	…	…	…	…
Income
GDP per capita	US-Dollars	173	179	200	237	265	294
Official wage (monthly average)	US-Dollars	9	9	11	13	15	17
Real labor compensation index	1995=100	48	18	18	18	20	21
Employment (annual average)	thousand	1,732	…	…	…	…	…
Social Indicators
Life expectancy at birth	years	67	…	…	…	…	…
Infant mortality rate	per thousand live births	42	…	…	…	…	…
Illiteracy (population age 15+)	percent of total	2	…	…	…	…	…
Gross primary school enrollment		89	…	…	…	…	…
Male	percent of school age population	91	…	…	…	…	…
Female	percent of school age population	88	…	…	…	…	…
Sources: Tajikistan authorities; and World Bank and IMF Staff estimates. 1Percent of population below the "food only" poverty line; see World Bank, Tajikistan: A Poverty Note, March 12, 1998.

 

Table 3. Tajikistan: External Financing Requirements and Sources, 1993-2001 (In millions of U.S. dollars)
						1998	1999	2000	2001
	1993	1994	1995	1996	1997	Program
Current account	-233	-195	-79	-106	-100	-96	-102	-110	-120
Exports of goods and services	456	559	868	800	804	826	919	1013	1089
Imports of goods and services	-686	-735	-907	-836	-868	-883	-978	-1081	-1164
Nonincome current account    (excluding grants)	-230	-176	-40	-36	-64	-57	-59	-68	-76
Income (net)	-4	-19	-39	-70	-36	-39	-43	-42	-44
Capital account	-101	-96	-93	-140	18	9	-1	-6	-11
Scheduled public sector amortization	-15	-19	-102	-125	-40	-23	-12	-32	-47
IMF repurchases	…	…	…	…	…	…	-5	-10	-13
FDI and other capital1	-86	-77	9	-15	58	32	16	36	49
Increase in net official reserves (– increase)	-2	1	-3	-10	-16	-61	-50	-48	-16
Change in arrears (– decrease)2	17	37	112	-51	-19	-113	…	…	…
External financing requirements	-319	-253	-63	-308	-116	-261	-152	-164	-148
Disbursements: existing commitments	96	69	46	88	72	65	11	8	4
Grants	25	25	25	30	40	40	…	…	…
Loans	71	44	20	37	22	15	11	8	4
IDA	…	…	…	31	21	15	8	8	4
Other international financial institutions	35	…	…	…	…	0	3	0	0
Official bilateral creditors	37	44	20	6	1	0	0	0	0
IMF	…	…	…	22	10	10	…	…	…
Disbursements: expected new commitments						79	124	126	114
Grants						…	40	40	40
Loans						30	44	46	74
IDA--Project financing						0	4	11	16
IDA--Structural Adjustment Credits						20	30	20	20
Other international financial institutions						10	10	15	38
Official bilateral creditors						0	0	0	0
IMF						49	40	40	…
Debt rescheduling	222	184	17	220	44	2	…	…	…
Residual financing gap3						115	17	30	30
Sources: Data provided by the Tajik authorities; and IMF staff estimates. 1Including change in commercial banks' NFA and net errors and omissions. 2Including movements in the special debt service account. 3In 1998, the residual financing gap is programmed to be filled by rescheduling of external arrears. In 2001, the residual financing gap falls outside of the program period supported by the ESAF arrangement.