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publication February 8, 2022

Afghanistan Economic Monitor


Photo Credit: Trent Inness / Shutterstock

The World Bank has been closely monitoring the evolving economic situation in Afghanistan and has been regularly producing economic monitoring reports.

The World Bank Afghanistan Economic Monitor provides a summary of the latest economic developments and key economic indicators. Drawing from a range of data sources, including real-time data collection by the World Bank’s Third-Party Monitoring Agent, the Economic Monitor provides up-to-date information on trends in prices, exchange rates, availability of key household items, and the operations of financial sector institutions. The Economic Monitor will be published monthly (or more frequently as developments warrant) and may be useful to all audiences seeking to understand current economic conditions and trends across the Afghan economy.

Afghanistan Economic Monitor | May 17, 2022

The economy remains fragile and exposed to the global commodity shock. After appreciating for two months, the exchange rate depreciated in the first two weeks of May 2022 against all major currencies. Increasing food prices have resulted in a 4.5 percentage point increase in y-o-y basic household goods inflation following relatively stable inflation during February and March 2022. Labor demand and nominal wages have improved slightly in March and April 2022 after falling for many months. Real wages also increased slightly during March and April 2022. The ITA’s revenue collection in AFN during the first four months of 2022, mostly from trade taxes, has remained healthy and is eight percent higher than in Jan-April 2021.