DEVELOPMENT ECONOMICS FINAL YEAR PROJECT

Topic:AN ECONOMIC OUTLOOK ON THE SOUTH ASIAN REGION

By: Bilal Muneer 13102

NATIONS OF FOCUS:
KAZAKISTAN
UZBEKISTAN
TAJIKISTAN
TURKMENISTAN
KYRGISTAN
AFGHANISTAN

OUR FOCUS
NATIONS:

HDI ASPECT OF CENTRAL ASIAN NATIONS

TheHuman Development
Index(HDI) is a composite statistic of
life expectancy, education, and
incomeindicesused to rank countries
into four tiers ofhuman development.

NATIONS WE FOCUSED ON:

In modern contexts, all definitions of Central Asia
include these five republics of the former
Soviet Union:
Kazakhstan(pop. 16.6 million),
Kyrgyzstan(5.5 million)
Tajikistan(7.6 million)
Turkmenistan(5.1 million)
Uzbekistan(29.5 million), for a total population of
64.7 million as of 2012
Afghanistanis also sometimes included 32
million, altogether 96.7 million for central Asia

KAZAKHSTAN
GDP growth Rate and GDP per capita if Kazakhstan:
Central bank : National Bank of Kazakhstan
International reserves : US$29.215 billion (source :IMF)
GDP: US$ 198.907 billion (2011 estimate)
GDP per Capita: US$ 11,917 (2011 estimate)
Best at exporting Oil & Gas

KAZAKHSTAN'S ECONOMY

Theinflationfigures are high: 2005, 7.6%; 2006, 8.6%; 2007, 18.8%; 2008,
9.5%; 2009, 6.2%

Kazakhstan holds about 4 billion tons of proven recoverable oil reserves and
2,000 cubic kilometers (480cumi) of gas.
According to industry analysts, expansion of oil production and the
development of newfieldswill enable the country to produce as much as 3
million barrels per day by 2015, and Kazakhstan would be among the top 10
oil-producing nations in the world.

In 2000, Kazakhstan became the first former Soviet republic to repay all of its
debt to theInternational Monetary Fund(IMF), seven years ahead of

KAZAKHSTAN'S ECONOMY
The banking system of Kazakhstan is developing rapidly and the system's
capitalization now exceeds $1 billion.
TheNational Bankhas introduced deposit insurance in its campaign to
strengthen the banking sector. Due to troubling and non-performing bad
assets the bank sector yet is at risk to lose stability.
Several major foreign banks have branches in Kazakhstan, includingRBS,
Citibank, andHSBC.KookminandUniCredithave both recently entered the
Kazakhstan's financial services market through acquisitions andstakebuilding.

On 6 September 2013, theGlobal Competitiveness Reportpublished

that Kazakhstan is ranked 50th in most competitive markets
According to the 201011 World Economic Forum in Global

KAZAKHSTAN GDP GROWTH IN TERMS OF

MILLIONS OF DOLLARS

KAZAKHSTAN GDP GROWTH RATE

KAZAKHSTAN
Capital: Astana
Largest city: Almaty - Official language: Kazakh(national)
Russian(official),Ethnicgroups(2010)
63.6%Kazakh
23.3%Russian
2.9%Uzbek
2.0%Ukrainian
1.4%Uyghur
1.2%Tatar
1.1%German
4.5% others

UZBEKISTAN
GDP growth Rate and GDP per capita of Kazakhstan:
Central bank -The central bank of the republic of Uzbekistan
International reserves -16 billion of us $
GDP - 51.11 billion USD
GDP per Capita -1,716.53 USD
Lower middle income - 29.77million2012

UZBEKISTAN'S GDP GROWTH IN TERMS OF

MILLIONS OF DOLLARS

UZBEKISTAN'S GDP GROWTH RATE

UZBEKISTAN'S ECONOMY
Uzbekistan has the fourth largest gold deposits in the world.

The country mines 80 tons of gold annually, seventh in the world.

Uzbekistan's copper deposits rank tenth in the world and its uranium
deposits twelfth.

The country's uranium production ranks seventh globally.The Uzbek

national gas company,Uzbekneftegas, ranks 11th in the world in
natural gas production.

UZBEKISTAN'S ECONOMY
Since 2003 annual inflation rates averaged less than 10%.

Economic production is concentrated in commodities. In 2011, Uzbekistan was

the world's seventh-largest producer and fifth-largest exporter of cottonas well
as the seventh largest world producer of gold. It is also a regionally significant
producer of natural gas, coal, copper, oil, silver and uranium.

Agricultureemploys 28% of Uzbekistan's labor force and contributes 24% of its

GDP (2006 data).[9]While official unemployment is very low, underemployment
especially in rural areas is estimated to be at least 20%

Uzbekistan is considered one of the fastest growing economies in the world (top
26) in the next decades according to a global bank HSBC survey.

KYRGYZSTAN
GDP growth Rate and GDP per capita of
Kyrgyzstan:

GDP- $5.920 billion

Per capita - $1,070

According toUNDP, the level of poverty will continue to

grow: in 2009 31% of the population lived below the
poverty level while in 2011 this figure rose to 37%

Agriculture accounted for 35.6% of GDP and about half

of employment

KYRGYZSTANS EXPORT TREE

UZBEKISTAN'S GDP GROWTH RATE

TAJIKISTAN
GDP - $17.72 billion (2012 est.)
GDP growth - 7.5% (Real, 2012)
GDP per capita - $2,200 (2012 est.)
GDP by sector - Agriculture: 23.3%, industry: 22.8%, services:
53.9% (2012 est.)
Inflation(CPI) - 6.4% (CPI, 2012 est.)
Population belowpoverty line - 39.6% (December 2012 est.)
Central Bank - The National Bank of Tajikistan
Labour force - 2.1 million (2012)
Labour force by occupation - Agriculture: 47.9%, industry:
10.9%, services: 41.2% (2012 est.)
Unemployment - 2.5% (2012 est.)
Main industries - aluminum, cement & vegetable oil
Ease of doing business rank - 147th

TAJIKISTANS GDP

TAJIKISTANS GDP GROWTH RATE

TURKMENISTAN
GDP growth Rate and GDP per capita if
Turkmenistan
Central bank: Central Bank of Turkmenistan
GDP: US $35.16 billion (2012)
GDP per Capita: US$ 6,510.61 (2012)

TURKMENISTANS ECONOMY
In 2004, the unemployment rate was estimated to be 60%.

According to the decree of the Peoples' Council of 14 August 2003,electricity,natural gas,

waterandsaltwill be subsidized for citizens up to 2030.

On 5 September 2006, after Turkmenistan threatened to cut off supplies, Russia agreed to raise
the price it pays for Turkmen natural gas from $65 to $100 per 1,000 cubic meters. Two-thirds
of Turkmen gas goes through the Russianstate-ownedGazprom.

Half of the country's irrigated land is planted withcotton, making the country the world's ninthlargest cotton producer.

As of May 2011, theGalkynysh gas fieldhas the second-largest volume of gas in the world China is set to become the largest buyer of gas from Turkmenistan over the coming years.

TURKMENISTAN'S GDP

TURKMENISTAN'S GDP GROWTH RATE

AFGHANISTAN
Central bank : Bank of Afghanistan

International Reserves : US$ 6.345 billion (Source: IMF)

Gross Domestic Product - GDP : US$ 19.669 billion (2010 estimate)

GDP per capita - current prices : US$ 614 (2007 estimate)

AFGHANISTANS GDP GROWTH RATE

GDP GROWTH RATE COMPARISON CHART

GDP COMPARISON CHART

GDP US Dollars (Billions), 2011
200

180

160

140

120
GDP US Dollars (Billions), 2011
100

80

60

40

20

0
Kazakhstan

Uzbekistan

Tajikistan

Turkmenistan

Kyrgisztan

Afghanistan

AND THAT WOULD BE ALL THANK YOU!