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UN releases forecast for Tajikistan's GDP growth in 2023

Finance Materials 30 January 2023 10:25
Baku, Azerbaijan Trend News Agency
UN releases forecast for Tajikistan's GDP growth in 2023

The United Nations Department of Economic and Social Affairs (UN DESA) has released World Economic Situation and Prospects 2023 annual report, Trend reports citing the UN's official website.

The UN's Department of Economic and Social Affairs forecasts Tajikistan’s real gross domestic product (GDP) growth at 4.3 percent in 2023.

According to the report, next year the GDP growth of Tajikistan will reach 4.4 percent.

Notably, the results of socio-economic development in 2022 presented by Tajik Prime Minister Kokhir Rasulzoda revealed that the gross domestic product (GDP) of Tajikistan amounted to 115.7 billion somoni ($11.2 billion) in 2022. Despite negative external impacts on the Tajik economy, significant progress has been made in the economic spheres of the country.

Meanwhile, the World Bank projects Tajikistan's GDP growth rate to be 5 percent in 2023 and 4 percent in 2024. The Eurasian Development Bank (EDB) expects Tajikistan's GDP growth this year at level of 6.5 percent.

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