Economy of Afghanistan By Aidan McDonald, Adam Bauserman, and Parker Kukral.

Overview- ● Afghanistan's economy is recovering from many decades worth of war. ● However, it is still a relatively poor nation, and depends largely on foreign aid. ● Populace suffers from lack of clean water, housing, medical care, jobs, and electricity. ● Future growth is limited by a high crime rate and an ineffective government. ● Afghanistan's living standards are some of the lowest in the world.

GDP Statistics ● GDP (Purchasing Power Parity) was $25.91 billion in 2009, $27.36 billion in 2010, and was $29.99 billion in 2011, ranking 110 th in the world. ● GDP (official exchange rate) was $17.9 billion in ● GDP real growth rate was 20.9% in 2009, 8.2% in 2010, and 7.1% in ● GDP Per Capita was $900 in 2009 and 2010, and was $1000 in 2011.

GDP Composition (By Sector) ● Agriculture makes up 34.9% of GDP, industry makes up 25% of GDP, and services consist of 40% of the GDP. ● Note- Agricultural GDP does not factor in production and selling of Opium.

GDP- What is it? ● GDP, or Gross Domestic Product, is the total value of all products and services produced in a year. ● GDP (PPP) is total GDP, while GDP (Official Exchange Rate) is the portion of the GDP that involves trade with other countries. ● GDP Real Growth is how much the GDP grows, and GDP Per Capita is how much, on average, a citizen contributes to the GDP.

Labor Force ● 15 million people in the labor force, ranking 39 th in the world. ● By Occupation- ● Agriculture- 78.6% ● Industry- 5.7% ● Services- 15.7% ● Unemployment Rate is 35% (2008) (182 nd )

Labor Force ● Population below the poverty line is 36%. ● Average household income/consumption is 3.8% in the lowest 10% income bracket and 24% in the top 10% income bracket. ● Distribution of family income, by the Gini index, was 29.4% in 2008, ranking 120 th.

Government ● Budget- ● Revenues- $1.58 billion ● Expenditures- $3.3 billion ● Received $15.7 billion in international donations. ● Taxes & Revenues- 8.8% of GDP. ● Budget Deficit- 9.6% deficit. ● Inflation Rate- 7.7%, ranking 167 th.

Stocks ● Prime Bank lending rate % (2010), ranking 41st ● Stock of domestic credit- $363.6 million, ranking 175 th.

Production- Agriculture ● Opium ● Wheat ● Fruits ● Nuts ● Wool ● Mutton ● Sheepskins ● Lambskins

Production- Industries ● Small-scale textile production ● Soap ● Furniture ● Shoes ● Fertilizer ● Apparel ● Food Products ● Non-Alcoholic Beverages

Production- Industries ● Mineral Water ● Cement ● Handwoven Carpets ● Natural Gas ● Coal ● Copper

Electricity ● Production million KiloWattHours, ranking 167 th in the world. ● Consumption million KiloWattHours, ranking 167 th. ● No electric exports, but 120 million KiloWattHours of imports.

Oil ● No production, but 4,800 barrels/day in consumption, ranked 170 th. ● Imports 4,512 barrels/day, ranked 161 st. ● No reserves.

Exports ● $571 million in 2010, ranked 166 th. ● Exports- ● Opium ● Fruits & Nuts ● Handwoven Carpets ● Wool & Cotton ● Hides & Pelts ● Precious and semi-precious gems.

Exports ● Partners- ● Pakistan (25.9%) ● India (25.5%) ● US (14.9%) ● Tajikistan (9.6%) ● Germany (5%)

Imports ● $5.3 Billion in Imports ● Imports- ● Machinery & Capital Goods ● Food ● Textiles ● Petroleum