Finance of Tajikistan

The minimum monthly wage in Tajikistan is 31 USD. Tajikistan has a government debt of 6.5% of the country's Gross Domestic Product (GDP), as assessed in 2010. With regard to consumer prices, the inflation rate in Tajikistan is 3.7%. The currency of Tajikistan is Tajikistani somoni. The plural form of the word Tajikistani somoni is somonis. The symbol used for this currency is ЅМ, and it is abbreviated as TJS. The Tajikistani somoni is divided into diram; there are 100 in one somoni. Each year, consumers spend around $5,254 million. The ratio of consumer spending to GDP in Tajikistan is 0.06%, and the ratio of consumer spending to the world consumer market is 1.52%. The corporate tax in Tajikistan is set at 15%. Personal income tax ranges from 8% to 25%, depending on your specific situation and income level. VAT in Tajikistan is 18%. In 2013, Tajikistan received 393.9 million USD in foreign aid.In 2014, the foreign aid amounted to 347.5 USD.

Gross Domestic Product

The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Tajikistan is $22,402 billion. The Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) per capita in Tajikistan was last recorded at $2,459,809. PPP in Tajikistan is considered to be very good when compared to other countries. Very good PPP indicates that citizens in this country find it easy to purchase local goods. Local goods can include food, shleter, clothing, health care, personal care, essential furnishings, transportation and communication, laundry, and various types of insurance. Countries with very good PPP are safe locations for investments. The total Gross Domestic Product (GDP) in Tajikistan is 8,506 billion. Based on this statistic, Tajikistan is considered to have a medium economy. Countries with medium economies support an average number of industries and opportunities for investment. It should not be too difficult to find worthwhile investment opportunities in medium economies. The Gross Domestic Product (GDP) per capita in Tajikistan was last recorded at $933,985. The average citizen in Tajikistan has very high wealth. Countries with very high wealth per capita have an extended life expectancy and very high standard of living. Highly skilled workers can be found in many industries, and labor is very expensive in these countries. Countries with very high wealth offer opportunities for safe investments, as they are often supported by a diverse and thriving financial sector. GDP Annual Growth Rate in Tajikistan averaged 6% in 2014. According to this percentage, Tajikistan is currently experiencing significant growth. Countries that are experiencing significant growth offer the best chance for a substantial return on investment, as GDP growth rate is the most important indicator of economic health. As GDP grows, business, jobs, and personal income grow as well.