Current Account in Kyrgyzstan
Kyrgyzstan - Current AccountAlthough year-on-year growth decelerated to 6.1% in the third quarter of last year from 6.4% in the second quarter, the economy maintained a solid stride overall. The moderation largely reflected a loss of pace in mining activity at the Kumtor gold mine and weaker gains in the manufacturing sector. Moreover, water output decelerated in Q3 compared to the previous quarter, while electricity production continued to contract, albeit at a slower rate than in the prior period. Meanwhile, although growth in the wholesale and retail trade sector remained sturdy in Q3, remittance inflows contracted again—yet at a milder pace than in Q2—suggesting that private consumption was likely hampered in the quarter.
Kyrgyzstan - Current Account Data
|Current Account (% of GDP)||-14.1||-18.6||-18.7||-11.5||-6.4|
5 years of economic forecasts for more than 30 economic indicators.
Kyrgyzstan Current Account Chart
|Exchange Rate||69.66||0.0 %||Jan 01|
|Stock Market||0.1||0.0 %||Jan 07|
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