Industry in Kyrgyzstan

Kyrgyzstan Industry | Economic News & Forecasts

Kyrgyzstan - Industry

Kyrgyzstan’s economy appeared to get off on the right foot this year, after stumbling in 2018. Mining output in the all-important Kumtor gold mine and upbeat hydrocarbon production powered economic activity through January and February. However, in less positive news, a curb in wholesale trade and slower remittances growth in January suggest that household spending likely decelerated. Moreover, the external sector struggled at the beginning of the year owing to a fall in raw materials exports, although declining imports cushioned the downturn. In other news, on 25 March, Vostok-Geoldobycha, a Russian mining company, won the rights to develop Jerui; given it is the country’s second-largest gold deposit, this should boost mining output over the medium-term.

Kyrgyzstan - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)68.3  -23.2  2.4  2.0  9.5  

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Kyrgyzstan Industry Chart

Kyrgyzstan Industry
Note: Industrial production, annual variation in %.
Source: National Statistics Committee

Kyrgyzstan Facts

Exchange Rate70.000.0 %Apr 12
Stock Market0.10.0 %Nov 26

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