Afghanistan GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Afghanistan is expected to expanded 11.8 percent in the fiscal year 2012-13 from the previous year. GDP Annual Growth Rate in Afghanistan is reported by the Central Statistics Organization of Afghanistan. From 2003 until 2013, Afghanistan GDP Annual Growth Rate averaged 12.5 Percent reaching an all time high of 28.6 Percent in March of 2003 and a record low of 2.3 Percent in March of 2009. Afghanistan is one of the poorest and least developed countries in the world. Since the collapse of the Taliban government and the NATO led invasion in 2001, the economy has been steadily growing due to the influx of foreign aid and investments. However, security threats, the lack of infrastructure and endemic corruption have been hampering economic activity. Agriculture (35 percent of GDP) is the most important sector of the economy, as the majority of the population is dependent on crops. The resurgence of the public sector has led to growth in services, which now account for around 40 percent of GDP. Mining has also been growing rapidly due to exploration of the country’s vast mineral resources, such as lithium, and precious stones. This page provides - Afghanistan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
11.80 9.50 28.60 2.30 15.85 | 2013/12 2003 - 2013 Percent Yearly

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Afghanistan GDP Annual Growth Rate
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 19.90 2012-12-31 18.03 19.90 0.54 21.88 2013-12-31 USD Billion [+]
GDP Annual Growth Rate 11.80 2013-03-31 9.50 28.60 2.30 15.85 2013-12-31 Percent [+]
GDP per capita 376.45 2011-12-31 360.71 376.45 54.36 377.88 2012-12-31 USD [+]
GDP per capita PPP 1234.67 2011-12-31 1183.05 1234.67 760.83 1239.76 2012-12-31 USD [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


RELATED NEWS

Afghanistan Gold Reserves at 21.87 Tonnes  
Gold Reserves in Afghanistan remained unchanged at 21.87 Tonnes in the fourth quarter of 2013 from 21.87 Tonnes in the third quarter of 2013. Gold Reserves in Afghanistan is reported by the World Gold Council.
Afghanistan Interest Rate at 15.00 Percent  
The benchmark interest rate in Afghanistan was last recorded at 15 percent. Interest Rate in Afghanistan is reported by the Da Afghanistan Bank.
Afghanistan GDP Annual Growth Rate at 11.80 Percent  
The Gross Domestic Product (GDP) in Afghanistan is expected to expanded 11.8 percent in the fiscal year 2012-13 from the previous year. GDP Annual Growth Rate in Afghanistan is reported by the Central Statistics Organization of Afghanistan.
Afghanistan Balance of Trade at -8518.00 USD Million  
Afghanistan recorded a trade deficit of 8518 USD Million in 2013. Balance of Trade in Afghanistan is reported by the Central Statistics Organization of Afghanistan.
Afghanistan Imports at 8932.39 USD Million  
Imports in Afghanistan increased to 8932 USD Million in the fiscal year 2012-13 from 6390 USD Million in the fiscal year 2011-12. Imports in Afghanistan is reported by the Central Statistics Organization of Afghanistan.
Afghanistan Exports at 414.51 USD Million  
Exports in Afghanistan decreased to 441.5 USD Million in the fiscal year 2012-13 from 376 USD Million in the fiscal year 2011-12. Exports in Afghanistan is reported by the Central Statistics Organization of Afghanistan.
Afghanistan Inflation Rate at 5.30 Percent  
The inflation rate in Afghanistan was recorded at 5.30 percent in February of 2014. Inflation Rate in Afghanistan is reported by the Central Statistics Organization of Afghanistan.
Afghanistan Personal Income Tax Rate at 20.00 percent  
The Personal Income Tax Rate in Afghanistan stands at 20 percent. Personal Income Tax Rate in Afghanistan is reported by the Afghanistan Revenue Department.
Afghanistan Corporate Tax Rate at 20.00 percent  
The Corporate Tax Rate in Afghanistan stands at 20 percent. Corporate Tax Rate in Afghanistan is reported by the Afghanistan Revenue Department.
Afghanistan Sales Tax Rate at 5.00 Percent  
The Sales Tax Rate in Afghanistan stands at 5 percent. Sales Tax Rate in Afghanistan is reported by the Afghanistan Revenue Department.
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