Afghanistan GDP YoYAfghanistan GDP YoYAfghanistan GDP YoY

Afghanistan GDP YoY

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Key data points


Last release
Observation period
2023
Next release
Forecast
Highest
17.20% on Dec 31, 2009
Lowest
−20.70% on Dec 31, 2021

About Afghanistan GDP YoY


Category
GDP
Frequency
Annual
Units
%
Afghanistan is one of the poorest and least developed countries in the world. Since the collapse of the Taliban government and the NATO led invasion in 2001, the economy has been steadily growing due to the influx of foreign aid and investments. However, security threats, the lack of infrastructure and endemic corruption have been hampering economic activity. Agriculture (23 percent of GDP) is the most important sector of the economy, as the majority of the population is dependent on crops. The industrial sector accounts for 21 percent of total GDP, mostly due to manufacturing (11 percent) and construction (9.2 percent). The resurgence of the public sector has led to growth in services, which now account for around 52 percent of GDP. The services sector main segments are transport, storage & communication (24 percent); government services (12.5 percent) and wholesale & retail trade (6.3 percent).