Afghanistan - Economy
How is the economy of Afghanistan? Based on the information we have, Afghanistan has a

low-income South Asian economy; economy stable after major contraction due to Taliban takeover, but recovery remains fragile; widespread poverty and obstacles to human development; import-reliant for food, fuel, and machinery; ongoing sanctions, suspended development aid, and frozen reserve assets

. Key agricultural products in this country include: wheat, milk, grapes, watermelons, potatoes, cantaloupes/melons, vegetables, rice, onions, maize (2023).
More about the economy of Afghanistan
Labor force 9.133 million (2024 est.)
Industrial production growth rate 1.8% (2023 est.)
Industries small-scale production of bricks, textiles, soap, furniture, shoes, fertilizer, apparel, food products, non-alcoholic beverages, mineral water, cement; handwoven carpets; natural gas, coal, copper
Population below poverty line 54.5% (2016 est.)
Taxes and other revenues 9.9% (of GDP) (2017 est.)
Fiscal year
Exchange rates
Currency afghanis (AFA) per US dollar -
Exchange rates 2020 76.814 (2020 est.)
Exchange rates 2019 77.738 (2019 est.)
Exchange rates 2018 72.083 (2018 est.)
Exchange rates 2017 68.027 (2017 est.)
Exchange rates 2016 67.866 (2016 est.)
Debt - external
Debt - external 2023 $2.717 billion (2023 est.)
Reserves of foreign exchange and gold
Reserves of foreign exchange and gold 2020 $9.749 billion (2020 est.)
Reserves of foreign exchange and gold 2019 $8.498 billion (2019 est.)
Reserves of foreign exchange and gold 2018 $8.207 billion (2018 est.)
Current account balance
Current account balance 2020 -$3.137 billion (2020 est.)
Current account balance 2019 -$3.792 billion (2019 est.)
Current account balance 2018 -$3.897 billion (2018 est.)
Public debt
Public debt 2016 7.8% of GDP (2016 est.)
Budget
Revenues $9.093 billion (2017 est.)
Expenditures $7.411 billion (2017 est.)
Budget surplus (+) or deficit (-)
Remittances
Remittances 2023 1.9% of GDP (2023 est.)
Remittances 2022 2.2% of GDP (2022 est.)
Remittances 2021 2.2% of GDP (2021 est.)
Imports
Imports 2020 $6.983 billion (2020 est.)
Imports 2019 $7.371 billion (2019 est.)
Imports 2018 $7.988 billion (2018 est.)
Imports (partners) UAE 28%, Pakistan 15%, China 15%, Uzbekistan 12%, Kazakhstan 9% (2023)
Comodities Imports force wheat flours, tobacco, palm oil, broadcasting equipment, synthetic fabric (2023)
Exports
Imports 2020 $6.983 billion (2020 est.)
Imports 2019 $7.371 billion (2019 est.)
Imports 2018 $7.988 billion (2018 est.)
Exports (partners) Pakistan 42%, India 40%, China 4%, UAE 2%, Turkey 2% (2023)
Comodities Exports force coal, grapes, tropical fruits, gum resins, other nuts (2023)
Real GDP (purchasing power parity)
Real GDP (purchasing power parity) 2023 $82.238 billion (2023 est.)
Real GDP (purchasing power parity) 2022 $80.416 billion (2022 est.)
Real GDP (purchasing power parity) 2021 $85.768 billion (2021 est.)
GDP (official exchange rate) $17.152 billion (2023 est.)
Real GDP Per capita
Real GDP per capita 2023 $2,000 (2023 est.)
Real GDP per capita 2022 $2,000 (2022 est.)
Real GDP per capita 2021 $2,100 (2021 est.)
GDP - composition, by sector of origin
Agriculture 34.7% (2023 est.)
Industry 13.4% (2023 est.)
Services 46.4% (2023 est.)
GDP - composition, by end use
Household consumption 98.1% (2023 est.)
Government consumption 21.2% (2023 est.)
Investment in fixed capital 15.2% (2023 est.)
Investment in inventories 0.1% (2023 est.)
Exports of goods and services 16.9% (2023 est.)
Imports of goods and services -50.7% (2023 est.)
Unemployment rate
Unemployment rate 2024 13.3% (2024 est.)
Unemployment rate 2023 14% (2023 est.)
Unemployment rate 2022 14.1% (2022 est.)
Youth unemployment rate (ages 15-24)
Total 16.7% (2024 est.)
Male 15.8% (2024 est.)
Female 27% (2024 est.)
All Important Facts about Afghanistan

Want to know more about Afghanistan? Check all different factbooks for Afghanistan below.

Afghanistan is found in Southern Asia