Asia > Afghanistan > Economy

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Agriculture > products opium, wheat, fruits, nuts, wool, mutton, sheepskins, lambskins
Budget > Revenues	$715,000,000.00		[136th of 166]
Consumer price index	156.66 %		[1st of 165]
Current transfers, receipts > BoP, current US$	312,100,000 BoP $		[52nd of 155]
Economy > Overview Afghanistan's economy is recovering from decades of conflict. The economy has improved significantly since the fall of the Taliban regime in 2001 largely because of the infusion of international assistance, the recovery of the agricultural sector, and service sector growth. Real GDP growth exceeded 7% in 2007. Despite the progress of the past few years, Afghanistan is extremely poor, landlocked, and highly dependent on foreign aid, agriculture, and trade with neighboring countries. Much of the population continues to suffer from shortages of housing, clean water, electricity, medical care, and jobs. Criminality, insecurity, and the Afghan Government's inability to extend rule of law to all parts of the country pose challenges to future economic growth. It will probably take the remainder of the decade and continuing donor aid and attention to significantly raise Afghanistan's living standards from its current level, among the lowest in the world. International pledges made by more than 60 countries and international financial institutions at the Berlin Donors Conference for Afghan reconstruction in March 2004 reached $8.9 billion for 2004-09. While the international community remains committed to Afghanistan's development, pledging over $24 billion at three donors' conferences since 2002, Kabul will need to overcome a number of challenges. Expanding poppy cultivation and a growing opium trade generate roughly $4 billion in illicit economic activity and looms as one of Kabul's most serious policy concerns. Other long-term challenges include: budget sustainability, job creation, corruption, government capacity, and rebuilding war torn infrastructure.
Exchange rates afghanis per US dollar - 3,000 (2004), 3,000 (2003), 3,000 (2002), 3,000 (2001), 3,000 (2000)
Exports	$274,000,000.00		[166th of 189]
Exports to US	$5,000,000.00		[144th of 224]
GDP	$8,399,039,000.00		[106th of 203]
GDP (purchasing power parity)	$35,000,000,000.00		[98th of 187]
GDP > Composition by sector > Industry	24%		[103rd of 146]
GDP > Real growth rate	11.5%		[10th of 198]
GDP growth > annual %	14 annual %		[3rd of 187]
Gross national income > constant LCU	260750700000
Imports of goods, services and income > BoP, current US$	734,800,000 BoP $		[103rd of 156]
Inflation rate (consumer prices)	13%		[15th of 192]
Population below poverty line	53%		[10th of 46]
Total reserves minus gold > current US$	234,894,900 $		[89th of 178]
Tourist arrivals	4,000		[151st of 152]
Trade balance with US	$2,800,000.00		[75th of 224]

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