Current Account in Kyrgyzstan
Kyrgyzstan - Current AccountThe economy seems to have grown at a solid pace in the first quarter, with strong mining output at the all-important Kumtor gold mine and upbeat manufacturing activity underpinning the expansion. On the external side, although export growth dipped in January, a sharp rebound in February suggests that overall momentum might have been sustained. Expenditure-side activity narrowed somewhat in the first quarter, however. Milder wholesale trade activity and slower remittances suggest that, despite low price pressures, household spending lost stride. Likewise, fixed investment also decelerated a notch in the same period. Meanwhile, in a move to spur foreign investment, President Jeenbekov traveled to Beijing on 28 April to strengthen diplomatic relations with China, the biggest source of Kyrgyzstan’s FDI.
Kyrgyzstan - Current Account Data
|Current Account (% of GDP)||-14.1||-18.6||-18.7||-11.5||-3.1|
5 years of economic forecasts for more than 30 economic indicators.
Kyrgyzstan Current Account Chart
|Exchange Rate||70.00||0.0 %||May 13|
|Stock Market||0.1||0.0 %||Nov 26|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.