Afghanistan Economy Sees 2.7% Growth, Chamber Calls for Continued Support
The Afghanistan economy has experienced a 2.7% growth in its GDP over the past year, according to the Ministry of Economy. Key sectors such as agriculture, industry, and services contributed significantly to this rise, supporting the continued recovery and development of the country. The GDP of Afghanistan remains a vital indicator of this positive trend, with Afghanistan’s GDP per capita in 2024 continuing to improve.
Economy of Afghanistan
Growth Across Key Sectors
The economy of Afghanistan has been strengthened by increases in several industries. Agriculture, which contributes 34.3% to the overall GDP, grew by 2.1%, while the industrial sector grew by 2.6%. The services sector, the largest contributor at 46.8%, saw significant progress, further enhancing the Afghanistan economic outlook.
Afghanistan GDP Per Capita (2002-2026)
e table with the dollar sign for clarity:
| Year | GDP per capita (in US$ nominal) | GDP growth (real) |
|---|---|---|
| 2002 | $233 USD | n/a |
| 2003 | $233 USD | 8.7% |
| 2004 | $254 USD | 0.7% |
| 2005 | $294 USD | 11.8% |
| 2006 | $320 USD | 5.4% |
| 2007 | $381 USD | 13.3% |
| 2008 | $447 USD | 3.9% |
| 2009 | $511 USD | 20.6% |
| 2010 | $631 USD | 8.4% |
| 2011 | $714 USD | 6.5% |
| 2012 | $784 USD | 14.0% |
| 2013 | $754 USD | 5.7% |
| 2014 | $747 USD | 2.7% |
| 2015 | $711 USD | 1.0% |
| 2016 | $616 USD | 2.2% |
| 2017 | $636 USD | 2.6% |
| 2018 | $582 USD | 1.2% |
| 2019 | $586 USD | 3.9% |
| 2020 | $580 USD | -5.0% |
| 2021 | $591 USD | 4.0% |
| 2022 | $615 USD | 4.5% |
| 2023 | $624 USD | 4.5% |
| 2024 | $630 USD | 4.0% |
| 2025 | $647 USD | 4.0% |
| 2026 | $650 USD | 4.0% |
The Chamber of Commerce and Investment highlights that more support from the government could further boost these figures. Khanjan Alokozai, a key member of the Chamber, notes that tax reductions for industrialists, farmers, and small businesses have already helped domestic production flourish. However, continued investment is essential for sustained growth.
Benefits of Supporting Domestic Production
According to economic expert Abdul Naseer Rashtia, focusing on local production brings multiple benefits to the Afghanistan economy. By increasing domestic output, the country reduces its reliance on imports, stabilizes the Afghan currency, and creates job opportunities, thus increasing overall economic stability.
Rashtia also highlights that a focus on local industries can lead to a rise in Afghanistan’s GDP per capita, as more jobs and local investment stimulate economic growth across the board.
Afghanistan Economic Future
The Ministry of Economy attributes the recent GDP growth to several factors, including expanded exports, currency stabilization, and the completion of national infrastructure projects, such as highway reconstruction. This, combined with the prevention of currency smuggling and reductions in raw material prices, has positively impacted the Afghanistan economic landscape.
As the Afghanistan economy continues on this upward trajectory, the Chamber of Commerce is optimistic that further governmental support will ensure long-term growth. With strategic investment and a continued focus on key sectors, what is the GDP of Afghanistan could see even more significant growth in the coming years.