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Tajikistan remains one of the most dynamic economies in the region, demonstrating high growth rates in recent years. This was stated by Sergei Ulatov, Chief Economist of the Eurasian Fund for Stabilization and Development (EFSD), on the sidelines of the Eurasian Economic Forum, assessing macroeconomic trends in the Eurasian region, reports NIAT Khovar.
The EFSD representative noted key trends in the republic's economic development. Specifically, Tajikistan's average annual GDP growth from 2021 to 2025 was approximately 8.4%. The construction sector grew by an average of over 15% annually from 2022 to 2025. Retail turnover increased by an average of almost 13% per year over the same period.
Ulatov also noted that high growth rates in construction and domestic consumption indicate continued significant economic activity in the country. However, long-term sustainability of growth will largely depend on further economic diversification, increased labor productivity, and the country's expanded participation in regional and global production chains.
According to the expert, countries in the region are gradually moving from traditional models of economic interaction to more complex forms of cooperation related to human capital development, digitalization, and the creation of longer value chains within the region.
"For Tajikistan, gradually moving up the production chain is also an important task. This will increase productivity and enhance the economy's competitiveness, creating additional opportunities for sustainable growth," emphasized Sergey Ulatov.
In conclusion, the EFSD Chief Economist announced that the Fund will hold an International Economic Conference in Astana on October 29, 2026. The event will focus on sustainable economic growth, structural economic transformation, and labor market development in EFSD member states.
