Kirguistán Economy

Kyrgyzstan's economy in numbers:

Nominal GDP of USD 11.5 billion in 2022.

GDP per capita of USD 1,700 compared to the global average of USD 10,589.

Average real GDP growth of 3.7% over the last decade.

Share of the region's population
Share of the region's GDP

Economic structure:

In 2021, services accounted for 59% of overall GDP, manufacturing 13%, other industrial activity 13%, and agriculture 15%. Looking at GDP by expenditure, private consumption accounted for 84% of GDP in 2021, government consumption 18%, fixed investment 27%, and net exports -29%.

GDP by economic sector
GDP by type of expenditure

International trade:

In 2021, manufactured products made up 39% of total merchandise exports, mineral fuels 6%, food 18%, ores and metals 15% and agricultural raw materials 3%, with other categories accounting for 19% of the total. In the same period, manufactured products made up 68% of total merchandise imports, mineral fuels 15%, food 15%, ores and metals 1% and agricultural raw materials 1%, with other goods accounting for 0% of the total. Total exports were worth USD 2 billion in 2022, while total imports were USD 9 billion.

Key exports
Key imports
Key export partners
Key import partners

Economic growth:

The economy recorded average annual growth of 3.7% in the decade to 2022. To read more about GDP growth in Kyrgyzstan, go to our dedicated page.

Fiscal policy:

Kyrgyzstan's fiscal deficit averaged 2.7% of GDP in the decade to 2022. Find out more on our dedicated page.


The unemployment rate averaged 2.6% in the decade to 2022. For more information on Kyrgyzstan's unemployment click here.


Inflation averaged 5.6% in the decade to 2022. Go to our Kyrgyzstan inflation page for extra insight.

Monetary Policy:

Kyrgyzstan's monetary policy rate ended 2022 at 13.00%, up from 2.64% a decade earlier. See our Kyrgyzstan monetary policy page for additional details.

Exchange Rate:

From end-2012 to end-2022 the som weakened by 44.7% vs the U.S. dollar. For more info on the som, click here.
The economy ended 2023 on a high note: Growth surged to 6.2% year on year in January–December (January–November: +4.4% yoy). Stronger expansions in industrial output, agricultural production and fixed investment drove the improvement. Consumer spending was likely also resilient at the tail-end of the year, as the hospitality industry strengthened from the prior month, and wholesale and retail trade growth was broadly stable. Moreover, goods exports rose by over 130% in January–December, signaling robust external demand. In other news, Kyrgyzstan announced in January that it would open the Bedel checkpoint—a third border crossing with China—and a four-lane bridge at the Irkeshtam crossing in 2024, boding well for trade. Meanwhile, a recent crackdown on the media sparked international criticism and could provoke Western sanctions.
Projections out to 2033.

34 indicators covered including both annual and quarterly frequencies.

Consensus Forecasts based on a panel of 9 expert analysts.

Want to get insight on the economic outlook for Kyrgyzstan in the coming years? FocusEconomics collects projections out to 2033 on 34 economic indicators for Kyrgyzstan from a panel of 9 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts, and averaged to provide one Consensus Forecast you can rely on for each indicator. This means you avoid the risk of relying on out of date, biased or outlier forecasts. Our Consensus Forecasts can be visualized in whichever way best suits your needs, including via interactive online dashboards , direct data delivery and executive-style reports which combine analysts' projections with timely written analysis from our in-house team of economists on the latest developments in the Kyrgyzstan economy. To download a sample report on the Kyrgyzstan's economy, click here . To get in touch with our team for more information, fill in the form at the bottom of this page .

Kirguistán Datos económicos

2018 2019 2020 2021 2022
Población (millones) 6.3 6.4 6.5 6.7 6.8
PIB (en millones de dólares) 8.3 8.9 7.8 8.7 11.0
PIB per cápita (USD) 1,322 1,387 1,195 1,313 1,614
PIB (en millones de euros) 7.0 7.9 6.8 7.4 10.4
PIB per cápita (EUR) 1,119 1,240 1,044 1,111 1,525
PIB (mil millones de euros) 569 619 602 740 919
Crecimiento económico (PIB nominal, var. anual) 7.3 8.7 -2.8 22.9 24.3
Crecimiento económico (PIB, var. anual) 3.8 4.6 -8.4 3.6 -
Saldo fiscal (% del PIB) -0.6 -0.1 -3.3 -0.4 -
Deuda pública (% del PIB) 54.8 51.6 67.6 61.1 -
Inflación (IPC, % var. anual, aop) 1.5 1.1 6.3 11.9 14.0
Tipo de política (%, eop) 4.75 4.25 5.00 8.00 13.00
Tipo de cambio (KGS por USD, eop) 69.9 69.7 83.5 84.8 85.7
Tipo de cambio (KGS por USD, aop) 68.8 69.9 77.3 84.7 83.9
Tipo de cambio (KGS por EUR, eop) 79.9 78.2 101.1 96.4 91.4
Tipo de cambio (KGS por EUR, aop) 81.3 78.1 88.5 100.1 88.7
Balanza por cuenta corriente (en millones de dólares) -1.0 -1.1 0.4 -0.7 -
Balanza por cuenta corriente (% del PIB) -12.1 -12.1 4.8 -8.5 -
Balanza comercial de mercancías (en millones de USD) -3.0 -2.6 -1.4 -2.4 -
Exportaciones de mercancías (en millones de dólares) 1.9 2.0 2.0 2.8 -
Importaciones de mercancías (en millones de dólares) 4.9 4.7 3.5 5.2 -
Exportaciones de mercancías (% var. anual) 5.6 6.6 -1.3 37.9 -
Importaciones de mercancías (% var. anual) 17.9 -5.7 -26.0 50.4 -
Inversión extranjera directa (en millones de dólares) 0.1 0.4 -0.4 0.2 -
Reservas internacionales (en millones de dólares) 2.2 2.4 2.8 3.0 -
Reservas internacionales (meses de importaciones) 5.2 6.2 9.8 6.9 -
Deuda externa (en millones de dólares) 8.1 8.4 8.7 9.2 -
Deuda externa (% del PIB) 98 95 112 106 -

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