Industry in Kyrgyzstan
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 |
Kyrgyzstan Industry Chart
Source: National Statistics Committee
Kyrgyzstan Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 70.00 | 0.0 % | Apr 12 |
| Stock Market | 0.1 | 0.0 % | Nov 26 |
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