An SMP is an informal agreement between country authorities and Fund staff to monitor the implementation of the authorities’ economic program. SMPs do not entail financial assistance or endorsement by the IMF Executive Board.
Islamic Republic of Afghanistan: Selected Economic Indicators, 2013–16
(Quota: SDR 323.8 million)
(Population: 30.6 million)
(Per capita GDP: US$654; 2014)
(Poverty rate: 35.8 percent; 2011)
(Main exports: opium, US$2.7 billion; carpets, US$83.4 million; 2014)
|Output and prices1||(Annual percentage change, unless otherwise indicated)|
|Nominal GDP (in billions of Afghanis)||1,117||1,173||1,174||1,234|
|Nominal GDP (in billions of U.S. dollars)||20.2||20.4||19.2|
|Consumer prices (period average)2||7.4||4.7||−1.5||3.0|
|Public finances (central government)3||(In percent of GDP)|
|Domestic revenues and grants||24.3||23.9||25.7||29.8|
|Operating balance (excluding grants)5||−8.0||−10.9||−9.6||−10.3|
|Overall balance (including grants)||−0.6||−1.7||−1.4||0.8|
|Monetary sector||(Annual percentage change, end of period, unless otherwise indicated)|
|External sector1||(In percent of GDP, unless otherwise indicated)|
|Exports of goods (in U.S. dollars)||719||783||670||740|
|Exports of goods (annual percentage change)||18.0||9.0||−14.5||10.5|
|Imports of goods (in U.S. dollars)||9,168||8.711||8,063||8,350|
|Imports of goods (annual percentage change)||−9.3||−5.0||−7.4||3.6|
|Current account balance|
|Excluding official transfers||−35.0||−35.5||−35.7||−41.2|
|Including official transfers||7.9||7.8||4.5||3.3|
|Foreign direct investment||0.5||0.6||0.7||1.0|
|Total external debt6||6.9||6.4||7.6||7.8|
|Gross international reserves (in millions of U.S. dollars)||6,886||7,248||6,786||6,786|
|Import coverage of reserves7||7.8||9.4||8.5||8.5|
|Exchange rate (average, Afghanis per U.S. dollar)||55.4||57.4||61.1||…|
Excluding the narcotics economy.
Revised with improved coverage.
Since 2013, the fiscal year runs December 22–December 21 (in most years), which is moved aligned with the Gregorian calendar year.
Comprising mainly current spending.
Defined as domestic revenues minus operating expenditures.
Public sector only. Incorporates committed but not yet delivered debt relief. Debt relief recorded fully at time of commitment.
In months of next year’s import of goods and services.