The Gross Domestic Product (GDP) in Afghanistan contracted 1.93 percent in the fourth quarter of 2020 over the same quarter of the previous year. source: Central Statistics Organization of Afghanistan

GDP Annual Growth Rate in Afghanistan averaged 5.34 percent from 2007 until 2020, reaching an all time high of 17.20 percent in 2009 and a record low of -1.93 percent in 2020. This page provides - Afghanistan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Afghanistan GDP Annual Growth Rate - values, historical data and charts - was last updated on August of 2022.

GDP Annual Growth Rate in Afghanistan is expected to reach -15.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Afghanistan GDP Annual Growth Rate is projected to trend around 2.80 percent in 2022 and 3.60 percent in 2023, according to our econometric models.

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Afghanistan GDP Annual Growth Rate

Related Last Previous Unit Reference
GDP Annual Growth Rate -1.93 3.19 percent Dec 2020
Gross Fixed Capital Formation 181686.00 170302.56 AFN Million Dec 2020
GDP From Utilities 19227.35 19982.07 AFN Million Dec 2020
GDP From Transport 51535.72 54385.87 AFN Million Dec 2020
GDP From Services 686354.41 720645.98 AFN Million Dec 2020
GDP From Mining 22030.68 24019.06 AFN Million Dec 2020
GDP From Manufacturing 75024.54 77765.47 AFN Million Dec 2020
GDP From Construction 39642.66 41027.82 AFN Million Dec 2020
GDP From Agriculture 396052.33 376075.66 AFN Million Dec 2020

Afghanistan GDP Annual Growth Rate
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 (23 percent of GDP) is the most important sector of the economy, as the majority of the population is dependent on crops. The industrial sector accounts for 21 percent of total GDP, mostly due to manufacturing (11 percent) and construction (9.2 percent). The resurgence of the public sector has led to growth in services, which now account for around 52 percent of GDP. The services sector main segments are transport, storage & communication (24 percent); government services (12.5 percent) and wholesale & retail trade (6.3 percent).
Actual Previous Highest Lowest Dates Unit Frequency
-1.93 3.19 17.20 -1.93 2007 - 2020 percent Yearly