Tuesday, 02 January 2024 12:17 GMT

Tajikistan's Economic Future Looks Bright With Strong Growth Projections - CEBR


(MENAFN- Trend News Agency) DUSHANBE, Tajikistan, January 7. Analysts at the Centre for Economics and Business Research (CEBR) forecast Tajikistan's continued economic growth through 2026, with strong GDP expansion, improved fiscal health, and a positive long-term outlook for income levels and investment prospects, Trend reports via CEBR.

The country's PPP-adjusted GDP per capita reached around $6,089, keeping it in the lower-middle-income bracket, while consumer price growth remained moderate at 3.8%, well below the five-year pre-pandemic average of 6.1%.

Public finances strengthened last year, with government debt projected at 22.0% of GDP and a fiscal deficit of 2.5%, down from 24.9% and 3.1% in 2024. Analysts note that sound fiscal metrics support private sector confidence and provide the government with flexibility for future investment.

Looking ahead, Tajikistan's long-term growth trajectory remains positive, with annual GDP expansion forecast at 4.9% through 2030 and 4.7% thereafter. GDP per capita is expected to rise to nearly $2,970 by 2040, gradually improving the country's ranking in the World Economic League Table from 137th in 2025 to 132nd by 2040, strengthening investment prospects and economic stability.

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Trend News Agency

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