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    Afghanistan - Economy
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    How is the economy of Afghanistan? Based on the information we have, Afghanistan has a <p>low-income South Asian economy; economy stable after major contraction due to Taliban takeover, but recovery remains fragile; widespread poverty and obstacles to human development; import-reliant for food, fuel, and machinery; ongoing sanctions, suspended development aid, and frozen reserve assets</p>. Key agricultural products in this country include: wheat, milk, grapes, watermelons, potatoes, cantaloupes/melons, vegetables, rice, onions, maize (2023).
    More about the economy of Afghanistan
    Labor force 9.133 million (2024 est.)
    Industrial production growth rate 1.8% (2023 est.)
    Industries small-scale production of bricks, textiles, soap, furniture, shoes, fertilizer, apparel, food products, non-alcoholic beverages, mineral water, cement; handwoven carpets; natural gas, coal, copper
    Population below poverty line 54.5% (2016 est.)
    Taxes and other revenues 9.9% (of GDP) (2017 est.)
    Fiscal year N/A
    Exchange rates
    Currencyafghanis (AFA) per US dollar -
    Exchange rates 202076.814 (2020 est.)
    Exchange rates 201977.738 (2019 est.)
    Exchange rates 201872.083 (2018 est.)
    Exchange rates 201768.027 (2017 est.)
    Exchange rates 201667.866 (2016 est.)
    Debt - external
    Debt - external 2023$2.717 billion (2023 est.)
    Reserves of foreign exchange and gold
    Reserves of foreign exchange and gold 2020$9.749 billion (2020 est.)
    Reserves of foreign exchange and gold 2019$8.498 billion (2019 est.)
    Reserves of foreign exchange and gold 2018$8.207 billion (2018 est.)
    Current account balance
    Current account balance 2020-$3.137 billion (2020 est.)
    Current account balance 2019-$3.792 billion (2019 est.)
    Current account balance 2018-$3.897 billion (2018 est.)
    Public debt
    Public debt 20167.8% of GDP (2016 est.)
    Budget
    Revenues$9.093 billion (2017 est.)
    Expenditures$7.411 billion (2017 est.)
    Budget surplus (+) or deficit (-) N/A
    Remittances
    Remittances 20231.9% of GDP (2023 est.)
    Remittances 20222.2% of GDP (2022 est.)
    Remittances 20212.2% of GDP (2021 est.)
    Imports
    Imports 2020$6.983 billion (2020 est.)
    Imports 2019$7.371 billion (2019 est.)
    Imports 2018$7.988 billion (2018 est.)
    Imports (partners)UAE 28%, Pakistan 15%, China 15%, Uzbekistan 12%, Kazakhstan 9% (2023)
    Comodities Imports forcewheat flours, tobacco, palm oil, broadcasting equipment, synthetic fabric (2023)
    Exports
    Exports 2020$1.476 billion (2020 est.)
    Exports 2019$1.516 billion (2019 est.)
    Exports 2018$1.609 billion (2018 est.)
    Exports (partners)Pakistan 42%, India 40%, China 4%, UAE 2%, Turkey 2% (2023)
    Comodities Exports forcecoal, grapes, tropical fruits, gum resins, other nuts (2023)
    Real GDP (purchasing power parity)
    Real GDP (purchasing power parity) 2023$82.238 billion (2023 est.)
    Real GDP (purchasing power parity) 2022$80.416 billion (2022 est.)
    Real GDP (purchasing power parity) 2021$85.768 billion (2021 est.)
    GDP (official exchange rate)$17.152 billion (2023 est.)
    Real GDP Per capita
    Real GDP per capita 2023$2,000 (2023 est.)
    Real GDP per capita 2022$2,000 (2022 est.)
    Real GDP per capita 2021$2,100 (2021 est.)
    GDP - composition, by sector of origin
    Agriculture34.7% (2023 est.)
    Industry13.4% (2023 est.)
    Services46.4% (2023 est.)
    GDP - composition, by end use
    Household consumption98.1% (2023 est.)
    Government consumption21.2% (2023 est.)
    Investment in fixed capital15.2% (2023 est.)
    Investment in inventories0.1% (2023 est.)
    Exports of goods and services16.9% (2023 est.)
    Imports of goods and services-50.7% (2023 est.)
    Unemployment rate
    Unemployment rate 202413.3% (2024 est.)
    Unemployment rate 202314% (2023 est.)
    Unemployment rate 202214.1% (2022 est.)
    Youth unemployment rate (ages 15-24)
    Total16.7% (2024 est.)
    Male15.8% (2024 est.)
    Female27% (2024 est.)
    All Important Facts about Afghanistan

    Want to know more about Afghanistan? Check all different factbooks for Afghanistan below.

    Afghanistan is found in Southern Asia