Current Account in Kyrgyzstan
Kyrgyzstan - Current Account
The economy bounced back marginally in year-on-year terms in January–September, growing 0.1% (January–August: -0.7% yoy) and logging the first expansion since Q1 2020. Compared to the same period last year, the hotels and restaurants sector grew at a quick rate, likely supported by the gradual reopening of the economy. Moreover, retail sales increased solidly, while import growth picked up pace, highlighting healthy domestic demand dynamics. However, industrial production, fixed investment and construction output all declined, suggesting that private sector activity continued to lag behind. Meanwhile, the external sector continued to weigh on the headline reading, as evidenced by a protracted fall in exports. In other news, in early October, India approved a USD 200 million loan to the country for project development, which should help activity going forward.Kyrgyzstan - Current Account Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Current Account (% of GDP) | -15.9 | -11.6 | -6.2 | -12.1 | -9.1 |
Kyrgyzstan Current Account Chart
Kyrgyzstan Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 69.66 | 0.0 % | Jan 01 |
| Stock Market | 0.1 | 0.0 % | Jan 07 |
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