Countries Kyrgyzstan
Kyrgyzstan

Kyrgyzstan

Central Asia GEC: KG ISO: KG

Key Economic Indicators

GDP (PPP)
$57.86 billion
GDP Per Capita
$8,012
GDP Growth Rate
9.04%
Inflation Rate
10.75%
Unemployment
3.53%
GDP (Nominal)
$17.478 billion (2024 est.)
Public Debt
40 % of GDP
Current Account
$-5,179,629,537

Economic Overview

landlocked, lower-middle-income Central Asian economy; natural resource rich; growing hydroelectricity and tourism; high remittances; corruption limits investment; COVID-19 and political turmoil hurt GDP, limited public revenues, and increased spending

All Economic Data

Agricultural products
milk, potatoes, maize, sugar beets, wheat, barley, tomatoes, onions, watermelons, carrots/turnips (2023)
note: <b>note:</b> top ten agricultural products based on tonnage
Budget
Expenditures: $4.452 billion (2023 est.)
Note: <b>note:</b> central government revenues (excluding grants) and expenditures converted to US dollars at average official exchange rate for year indicated
Revenues: $4.84 billion (2023 est.)
Currency
code: KGS
name: Kyrgyzstani som (KGS) [с]
Current account balance
$-5,179,629,537
Current account balance 2020: $374.257 million (2020 est.)
Current account balance 2021: -$737.696 million (2021 est.)
Current account balance 2022: -$5.18 billion (2022 est.)
Note: <b>note:</b> balance of payments - net trade and primary/secondary income in current dollars
Debt - external
$11.69 billion
Debt - external 2023: $3.617 billion (2023 est.)
Note: <b>note:</b> present value of external debt in current US dollars
Exchange rates
Currency: soms (KGS) per US dollar -
Exchange rates 2020: 77.346 (2020 est.)
Exchange rates 2021: 84.641 (2021 est.)
Exchange rates 2022: 84.116 (2022 est.)
Exchange rates 2023: 87.856 (2023 est.)
Exchange rates 2024: 87.15 (2024 est.)
Exports
$7.59 billion
Exports 2020: $2.435 billion (2020 est.)
Exports 2021: $3.292 billion (2021 est.)
Exports 2022: $3.628 billion (2022 est.)
Note: <b>note:</b> balance of payments - exports of goods and services in current dollars
Exports - commodities
gold, coal, precious metal ore, refined petroleum, garments (2023)
note: <b>note:</b> top five export commodities based on value in dollars
Exports - partners
Switzerland 30%, Russia 19%, Kazakhstan 14%, UAE 10%, Turkey 8% (2023)
note: <b>note:</b> top five export partners based on percentage share of exports
Foreign direct investment
net inflows: $705.33 million
GDP - composition, by end use
Exports of goods and services: 36.9% (2023 est.)
Government consumption: 16% (2023 est.)
Household consumption: 88.3% (2023 est.)
Imports of goods and services: -95.5% (2023 est.)
Investment in fixed capital: 22% (2023 est.)
Investment in inventories: 12.5% (2023 est.)
Note: <b>note:</b> figures may not total 100% due to rounding or gaps in data collection
GDP - composition, by sector of origin
Agriculture: 8.6% (2024 est.)
Industry: 24.7% (2024 est.)
Note: <b>note:</b> figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Services: 52.1% (2024 est.)
GDP (official exchange rate)
$17.478 billion (2024 est.)
note: <b>note:</b> data in current dollars at official exchange rate
GDP per capita (nominal)
$2,420
Gini Index coefficient - distribution of family income
29.7 (2019)
Gini Index coefficient - distribution of family income 2022: 26.4 (2022 est.)
Note: <b>note:</b> index (0-100) of income distribution; higher values represent greater inequality
GNI (gross national income)
$17.24 billion
GNI per capita
$2,190
Gross domestic investment
30 % of GDP
Household income or consumption by percentage share
Highest 10%: 22% (2022 est.)
Lowest 10%: 4.4% (2022 est.)
Note: <b>note:</b> % share of income accruing to lowest and highest 10% of population
Imports
$14.72 billion
Imports 2020: $4.051 billion (2020 est.)
Imports 2021: $5.928 billion (2021 est.)
Imports 2022: $10.655 billion (2022 est.)
Note: <b>note:</b> balance of payments - imports of goods and services in current dollars
Imports - commodities
cars, garments, refined petroleum, fabric, footwear (2023)
note: <b>note:</b> top five import commodities based on value in dollars
Imports - partners
China 44%, Russia 12%, Kazakhstan 6%, Turkey 6%, Uzbekistan 4% (2023)
note: <b>note:</b> top five import partners based on percentage share of imports
Industrial production growth rate
9.4% (2024 est.)
note: <b>note:</b> annual % change in industrial value added based on constant local currency
Industries
small machinery, textiles, food processing, cement, shoes, lumber, refrigerators, furniture, electric motors, gold, rare earth metals
Inflation rate (consumer prices)
10.75%
Inflation rate (consumer prices) 2021: 11.9% (2021 est.)
Inflation rate (consumer prices) 2022: 13.9% (2022 est.)
Inflation rate (consumer prices) 2023: 10.8% (2023 est.)
Note: <b>note:</b> annual % change based on consumer prices
Labor force
3.197 million (2024 est.)
note: <b>note:</b> number of people ages 15 or older who are employed or seeking work
total: 2.86 million persons
Labor force - by occupation
agriculture: 15.45%
industry: 26.82%
services: 57.73%
Population below poverty line
33.3% (2021 est.)
note: <b>note:</b> % of population with income below national poverty line
Public debt
40 % of GDP
Note: <b>note:</b> central government debt as a % of GDP
Public debt 2023: 40.5% of GDP (2023 est.)
Real GDP (purchasing power parity)
$57.86 billion
Note: <b>note:</b> data in 2021 dollars
Real GDP (purchasing power parity) 2022: $42.826 billion (2022 est.)
Real GDP (purchasing power parity) 2023: $46.686 billion (2023 est.)
Real GDP (purchasing power parity) 2024: $50.907 billion (2024 est.)
Real GDP growth rate
9.04%
Note: <b>note:</b> annual GDP % growth based on constant local currency
Real GDP growth rate 2022: 9% (2022 est.)
Real GDP growth rate 2023: 9% (2023 est.)
Real GDP growth rate 2024: 9% (2024 est.)
Real GDP per capita
$8,012
Note: <b>note:</b> data in 2021 dollars
Real GDP per capita 2022: $6,100 (2022 est.)
Real GDP per capita 2023: $6,600 (2023 est.)
Real GDP per capita 2024: $7,000 (2024 est.)
Remittances
$3.1 billion
Note: <b>note:</b> personal transfers and compensation between resident and non-resident individuals/households/entities
Remittances 2021: 32.6% of GDP (2021 est.)
Remittances 2022: 26.6% of GDP (2022 est.)
Remittances 2023: 18.8% of GDP (2023 est.)
Reserves of foreign exchange and gold
$5.09 billion
Note: <b>note:</b> holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars
Reserves of foreign exchange and gold 2022: $2.799 billion (2022 est.)
Reserves of foreign exchange and gold 2023: $3.237 billion (2023 est.)
Reserves of foreign exchange and gold 2024: $5.089 billion (2024 est.)
Revenue (excl grants)
32 % of GDP
Tax revenue
20 % of GDP
Taxes and other revenues
19.6% (of GDP) (2023 est.)
note: <b>note:</b> central government tax revenue as a % of GDP
Unemployment rate
3.53%
Note: <b>note:</b> % of labor force seeking employment
Unemployment rate 2022: 4.1% (2022 est.)
Unemployment rate 2023: 4% (2023 est.)
Unemployment rate 2024: 3.3% (2024 est.)
Youth unemployment rate (ages 15-24)
Female: 7.7% (2024 est.)
Male: 6.3% (2024 est.)
Note: <b>note:</b> % of labor force ages 15-24 seeking employment
Total: 6.8% (2024 est.)

World Bank Indicators

Currency
Kyrgyzstani som (KGS) (2025)
Gini Index
29.70 (2019)
Languages
Kyrgyz, Russian (2025)
Map of Kyrgyzstan

Economic Rankings

GDP Growth Rate #25
Inflation Rate #48
External Debt #67
Reserves #102
Imports #106
Unemployment Rate #122
GDP (PPP) #124
Exports #126
GDP (Nominal) #132
GDP per Capita #137
Gini Index #156

Quick Facts

Industries
small machinery, textiles, food processing, cement, shoes, lumber, refrigerators, furniture, electric motors, gold, rare earth metals
Agricultural products
milk, potatoes, maize, sugar beets, wheat, barley, tomatoes, onions, watermelons, carrots/turnips (2023)
Labor force
3.197 million (2024 est.)
Exports - partners
Switzerland 30%, Russia 19%, Kazakhstan 14%, UAE 10%, Turkey 8% (2023)
Imports - partners
China 44%, Russia 12%, Kazakhstan 6%, Turkey 6%, Uzbekistan 4% (2023)
Exchange rates
soms (KGS) per US dollar -

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