Current Account in Kyrgyzstan
Kyrgyzstan - Current Account (billions of U.S. Dollars)
The economy maintained a strong pace of expansion in January–August, although moderated slightly from the first half of the year. Activity remained buoyant at the all-important Kumtor gold mine and in the manufacturing sector despite losing traction from H1. This compensated for more moderate gains in the wholesale and retail trade, a lacklustre agricultural sector and a drop in the supply of electricity. Meanwhile, on the expenditure side, capital investments in fixed assets rose more rapidly in this period compared to H1. On top of this, the external sector contributed positively to overall growth as export growth was notably stronger in the period from January–June, withstanding substantial external headwinds, while imports fell at a faster rate. Meanwhile, in a bid to support diversification efforts and reduce the economy’s reliance on gold mining, the Asian Development Bank approved a USD 50 million grant in mid-September.Kyrgyzstan - Current Account (USD bn) Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Current Account Balance (USD bn) | -1.0 | -1.3 | -1.1 | -0.8 | -0.5 |
Kyrgyzstan Current Account (USD bn) Chart
Source: National Bank of the Kyrgyz Republic
Kyrgyzstan Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 70.00 | 0.0 % | Sep 04 |
| Stock Market | 0.1 | 0.0 % | Sep 04 |
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