Current Account in Kyrgyzstan

Kyrgyzstan Current Account | Economic News & Forecasts

Kyrgyzstan - Current Account

Although 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

2013  2014  2015  2016  2017  
Current Account (% of GDP)-14.1  -18.6  -18.7  -11.5  -6.4  

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Kyrgyzstan Current Account Chart

Kyrgyzstan Current Account
Note: Current account balance as % of GDP.

Kyrgyzstan Facts

Exchange Rate69.660.0 %Jan 01
Stock Market0.10.0 %Jan 07

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