Fiscal Balance in Kyrgyzstan

Kyrgyzstan Fiscal Balance | Economic News & Forecasts

Kyrgyzstan - Fiscal Balance

According to preliminary data, economic growth accelerated to 4.5% last year, up from 2018’s 3.8% rise. A resilient industrial sector largely underpinned the expansion, powered by stronger manufacturing activity, as well as mining activity at the all-important Kumtor gold mine. In addition, output in the construction sector accelerated, while capital spending growth quickened from 2018. Growth of the wholesale and retail trade sector, however, eased from the previous year. Moreover, remittance inflows contracted in January–November year-on-year amid a decline in those from CIS countries, which likely weighed on household spending. That said, a healthy increase in average salaries in the same period should have cushioned their impact.

Kyrgyzstan - Fiscal Balance Data

2014   2015   2016   2017   2018  
Fiscal Balance (% of GDP)-0.5  -2.7  -6.4  -4.6  -1.3  

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Note: Fiscal balance as % of GDP
Source: National Statistics Committee

Kyrgyzstan Facts

Value Change Date
Exchange Rate69.660.0 %Jan 01
Stock Market0.10.0 %Jan 07

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