GDP in Kyrgyzstan

Kyrgyzstan GDP | Economic News & Forecasts

Kyrgyzstan - GDP

Despite an improvement from Q2, available data suggests that the economy contracted markedly again in Q3, as the health crisis continued to subdue domestic and foreign activity. The crucial mining sector was among the hardest hit, with fossil fuel extraction plunging in the quarter, while the hospitality industry contracted heavily again. In other news, widespread protests following the 4 October general elections forced authorities to annul the results and prompted the resignation of President Sooronbai Jeenbekov on 15 October. Meanwhile, supported by protesters, Sadyr Japarov was sworn in as prime minister on 28 October, also claiming temporary presidential powers. The next parliamentary elections are expected to take place in the first half of 2021. That said, the country’s renewed political instability is likely to hinder the recovery in Q4.

Kyrgyzstan - GDP Data

2015   2016   2017   2018   2019  
Economic Growth (GDP, annual variation in %)3.9  4.3  4.7  3.8  4.5  

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Kyrgyzstan GDP Chart

Kyrgyzstan GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: SESRIC

Kyrgyzstan Facts

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

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