The growing political and multilateral engagement between Austria, the EU, and Tajikistan is expected to support deeper economic cooperation, including trade, investment, and sustainable development initiatives.
Tajikistan’s manufacturing industry showed overall growth in 8M2025, with strong performance in food, textiles, and construction materials, despite setbacks in petroleum product output.
Tajikistan’s trade with Russia grew in January–August 2025, with Moscow remaining one of the country’s top import partners, while overall foreign trade turnover also expanded year-on-year.
Tajikistan's 8M2025 trade data reveals a widening deficit with major CIS partners despite strong export growth to the Netherlands and other non-CIS countries, highlighting a deepening imbalance in regional trade dynamics.
Transactions conducted using bank payment cards in Tajikistan reached 17.092 million as of July 31, 2025, reflecting continued growth in the country’s digital payment sector.
Tajikistan’s payment infrastructure continued to expand modestly, with slight increases in both POS terminals and ATMs, reflecting steady growth in the banking sector.
The circulation of bank payment cards increases in Tajikistan, supported by thousands of ATMs and POS terminals facilitating robust transaction activity across the country.
In the first half of 2025, the use of electronic payment methods in Tajikistan surged noticeably. More people are opting for cashless transactions through bank cards and e-wallets, with payment volumes and the number of users rising steadily.
As of June 30, 2025, total deposits in Tajikistan’s credit financial institutions reached 29.3 billion somoni ($3.1 billion), up 39 percent year-on-year, with a majority held by individuals. The sector comprises 65 institutions and nearly 2,000 branches, reflecting steady growth.
Construction has officially begun on the Pakhndara Mining enterprise in Tajikistan's Ayni district. The project includes modern facilities for extraction and processing, supported by extensive infrastructure improvements to ensure efficient operations.
The Asian Development Bank has approved a new technical assistance grant to support Tajikistan in preparing for the digital transformation of its social insurance and pension system. The initiative aims to strengthen institutions, improve service delivery, and lay the groundwork for a future investment project.
The insurance sector in Tajikistan has bolstered its fiscal robustness, underpinned by capital augmentation and enhanced reserve allocations.
Tajikistan’s banking sector continues to expand its payment infrastructure, with growth in both cardholders and card circulation, alongside a steady network of POS terminals and ATMs.
The Government of Tajikistan and the Qatar Fund for Development (QFFD) have signed a concessional loan agreement to support the construction of the Rogun hydropower plant. The project aims to boost Tajikistan’s electricity generation capacity and strengthen regional energy cooperation.
Tajikistan’s national currency appreciated by 9.4 percent against the US dollar in the first half of 2025, while inflation remained subdued at 1.8 percent. The currencies of key trading partners also saw significant fluctuations, reflecting global economic uncertainty.
Tajikistan’s inflation slowed to 1.8 percent in the first half of 2025, slightly below last year’s level. The central bank cut the key rate to 8.25 percent and held 61 government securities auctions to manage liquidity and curb inflationary pressure.
Industrial production in Tajikistan continued to grow in the first eight months of 2025, with mining and manufacturing sectors leading the expansion.
Insurance and reinsurance entities in Tajikistan experienced an uptick in asset accumulation, concomitantly witnessing a decrement in liabilities, indicative of a transformative shift in the sector's fiscal landscape.
Grape harvest in Tajikistan nearly doubled in January–July 2025, driven by strong output in Khatlon and regions of republican subordination.
Apple harvest in Tajikistan rose nearly 49 percent in January–July 2025, driven by strong yields in Khatlon and regions of republican subordination.
Tajikistan’s industrial output rose 24.5 percent in the first seven months of 2025, reaching 34.894 billion somoni ($3.6 billion). Mining, manufacturing, utilities, and waste management led the growth, with Sughd and Khatlon regions contributing most.
Tajikistan’s trade turnover with Russia increased notably in the first half of 2025. Tajikistan’s total foreign trade turnover reached $4.731 billion in the first half of 2025, which is a 7.2 percent increase year-on-year.
Trade turnover between Tajikistan and Kazakhstan decreased in the first half of 2025 compared to the same period last year. While exports to Kazakhstan fell, imports also declined. Despite this, Tajikistan’s overall foreign trade showed growth, driven by increased imports from other countries.
Tajikistan’s credit financial organizations saw significant growth in loan issuance during the first half of 2025, with notable increases in both consumer and microloans. The sector continues to support diverse areas of the economy, including agriculture and industry.
As of June 2025, credit financial institutions in Tajikistan boosted their assets by 26.8 percent year-on-year, reaching $5.5 billion, while liabilities and capital also showed significant growth. The number of operating institutions rose to 65, with 1,942 branches across the country