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Afghanistan Introduction Key Economic Facts Afghanistan is a landlocked country located in Southern Asia that borders China, Iran, Pakistan, Tajikistan, Turkmenistan, and Uzbekistan. The geography of Afghanistan is arid and mountainous; the Hindu Kush Mountains run northeast to southwest and divide the northern provinces from the rest of the country. The government system is an Islamic Republic; the chief of state and head of government is the president. Afghanistan has a controlled economic system in which the central government directs the economy regarding the production and distribution of goods. Afghanistan is a member of the South Asian Association for Regional Cooperation (SAARC). Income Level (by per capita GNI): Level of Development: GDP, PPP (current international $): GDP growth (annual %): GDP per capita, PPP (current international $): External debt stocks, total (DOD, current US$): Manufacturing, value added (% of GDP): Current account balance (BoP, current US$): Inflation, consumer prices (annual %): Labor force, total: Unemployment, total (% of total labor force) (modeled ILO estimate): Imports of goods and services (current US$): Exports of goods and services (current US$): Location: Capital City: Chief of State: Head of Govt.: Currency: Major Languages: Southern Asia Kabul (+4.5 GMT) President Ashraf Ghani President Ashraf Ghani Afghani (AFN) Afghan Persian or Dari (official) 50%, Pashto (official) 35%, Turkic languages (primarily Uzbek and Turkmen) 11%, 30 minor languages (primarily Balochi and Pashai) 4%, much bilingualism, but Dari functions as the lingua franca Primary Religions: Muslim 99.7% (Sunni 84.7 - 89.7%, Shia 10 - 15%), other 0.3% (2009 est.) Calling Code: 93 Voltage: 220 Key Websites Export Promotion Agency: nhabibyar.wix.com Investment Promotion investinafghanistan.af Agency: Risk Assessment (Provided by Coface) Low Income Data Unavailable $62.62 billion (2015) 0.84% (2015) $1,925.17 (2015) $2,488,551,000.00 (2015) 12.02% (2015) -$5.12 billion (2015) 2.17% (2016) 9,936,806 (2016) 8.54% (2016) $9.63 billion (2015) $1.38 billion (2015) GDP Composition % Agriculture Industry Manufacturing 22 23 12 Services 55 Country rating: E - The highest-risk political and economic situation and the most difficult business environment. Corporate default is likely. Business Climate rating: E - The highest possible risk in terms of business climate. Due to a lack of available financial information and an unpredictable legal system, doing business in this country is extremely difficult. Strengths • Substantial support from the international community • Prospects for extraction of raw materials (gas, oil, minerals, etc.) Weaknesses • Unstable geopolitical situation • Widespread corruption and shortcomings in terms of governance • Very heavy reliance on grants • Fragile banking system • Heavy reliance on the agriculture sector U.S. Embassy Embassy of the United States The Great Masood Road, Kabul U.S. Embassy Kabul, APO, AE 09806 P.O. Box 9536, Pretoria 0001 Tel: (00) (93) 0700 108 001 http://kabul.usembassy.gov/index.html *Although Manufacturing is included in the Industry figures, it is also separately reported because it plays a critical role in economy. Rankings Index Corruption Perceptions Index Index of Economic Freedom International Logistics Performance Index (LPI) KOF Index of Globalization Open Budget Index Rank 169 / 176 163 / 180 150 / 160 177 / 187 65 / 102 Country Memo Provided by: globalEDGE.msu.edu and EXPORT.GOV