Economy (Afghanistan)
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Overview:
Fundamentally, Afghanistan is an extremely poor, landlocked country, highly
dependent on farming (wheat especially) and livestock raising (sheep and
goats). Economic considerations, however, have played second fiddle to
political and military upheavals during more than 13 years of war, including
the nearly 10-year Soviet military occupation (which ended 15 February
1989). Over the past decade, one-third of the population fled the country,
with Pakistan sheltering more than 3 million refugees and Iran about 1.3
million. Another 1 million probably moved into and around urban areas within
Afghanistan. Although reliable data are unavailable, gross domestic product
is lower than 12 years ago because of the loss of labor and capital and the
disruption of trade and transport.
GDP:
exchange rate conversion - $3 billion, per capita $200; real growth rate 0%
(1989 est.)
Inflation rate (consumer prices):
over 90% (1991 est.)
Unemployment rate:
NA%
Budget:
revenues NA; expenditures NA, including capital expenditures of NA
Exports:
$236 million (f.o.b., FY91 est.)
commodities:
natural gas 55%, fruits and nuts 24%, handwoven carpets, wool, cotton,
hides, and pelts
partners:
mostly former USSR
Imports:
$874 million (c.i.f., FY91 est.)
commodities:
food and petroleum products
partners:
mostly former USSR
External debt:
$2.3 billion (March 1991 est.)
Industrial production:
growth rate 2.3% (FY91 est.); accounts for about 25% of GDP
Electricity:
480,000 kW capacity; 1,450 million kWh produced, 90 kWh per capita (1991)
Industries:
small-scale production of textiles, soap, furniture, shoes, fertilizer, and
cement; handwoven carpets; natural gas, oil, coal, copper
Agriculture:
largely subsistence farming and nomadic animal husbandry; cash products -
wheat, fruits, nuts, karakul pelts, wool, mutton
Illicit drugs:
an illicit producer of opium poppy and cannabis for the international drug
trade; world's second-largest opium producer (after Burma) and a major
source of hashish
Economic aid:
US commitments, including Ex-Im (FY70-89), $380 million; Western (non-US)
countries, ODA and OOF bilateral commitments (1970-89), $510 million; OPEC
bilateral aid (1979-89), $57 million; Communist countries (1970-89), $4.1
billion; net official Western disbursements (1985-89), $270 million
Currency:
afghani (plural - afghanis); 1 afghani (Af) = 100 puls
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