Economy of Kyrgyzstan

Economy of Kyrgyzstan
	Bishkek
Currency	Kyrgyz som (KGS)
Fiscal year	calendar year
Trade organisations	WTO, EAEU, OTS, SCO, CIS, ECO
Country group	Developing/Emerging; Lower-middle income economy;
Statistics
Population	7.3 million (2025)
GDP	$21.56 billion (2026 est.); $68.69 billion (PPP, 2026 est.);
GDP rank	124th (nominal, 2025 est.); 121th (PPP, 2025 est.);
GDP growth	9% (2022); 9% (2023); 9% (2024); 11.1% (2025); 8.6% (2026 est.);
GDP per capita	$2,930 (nominal, 2026 est.); $9,320 (PPP, 2026 est.);
GDP per capita rank	139th (nominal, 2025); 129th (PPP, 2025);
GDP by sector	Agriculture: 14.6%; Industry: 31.2%; Services: 52% (2024);
Inflation (CPI)	8% (2025)
Population below poverty line	29.8% below poverty line (2023);
Gini coefficient	28.8 low (2021)
Human Development Index	0.720 high (2023) (117th); 0.649 medium IHDI (2023, 71nd rank);
Corruption Perceptions Index	26 out of 100 points (2024, 142th rank)
Labour force	2,863,490 (2025); 63.3% employment rate (2024);
Unemployment	6.2% (2018); 14.2% youth unemployment (2018);
Main industries	small machinery, textiles, food processing, cement, shoes, lumber, refrigerators, furniture, electric motors, gold, rare earth metals
External
Exports	$1.84 billion (2022 est.)
Export goods	Agricultural products 11.3%; Fuels and mining products 9.5%; Manufacturers 22.7%; Others 56.5%;
Main export partners	United Kingdom 19.9%; Kazakhstan 18.1%; Russia 17.3%; United Arab Emirates 9.1%; Switzerland 7.8%; Uzbekistan 7.7%; China 4.7%; Turkey 3.9%; Thailand 1.5%; Germany 1.1% (2021);
Imports	$7.797 billion (2022 est.)
Import goods	Agricultural products 13.4%; Fuels and mining products 10.8%; Manufacturers 69.7%; Others 6.1%;
Main import partners	China 53.8%; Russia 18.3%; Uzbekistan 6.4%; Turkey 6.2%; Kazakhstan 5.1%; United Arab Emirates 1.5%; South Korea 0.9%; Belarus 0.7%; United States 0.5%; India 0.4% (2021);
FDI stock	$6.003 billion (31 December 2017 est.); Abroad: $709.3 million (31 December 2017 est.);
Current account	−$306 million (2017 est.)
Gross external debt	$5.164 billion (31 September 2022 est.)
Public finances
Government debt	41% of GDP (2022 est.)
Foreign reserves	$7 billion (2025)
Budget balance	−3.2% (of GDP) (2017 est.)
Revenues	2.169 billion (2017 est.)
Expenses	2.409 billion (2017 est.)
Economic aid	$49 million from the US (2001)
Credit rating	Standard & Poor's:; B+ stable, March 2025; Fitch:; B stable, April 2025; Moody's:; B3 positive, July 2025;
	All values, unless otherwise stated, are in US dollars.

The economy of Kyrgyzstan is heavily dependent on the agricultural sector. Cotton, tobacco, wool, and meat are the main agricultural products, although only tobacco and cotton are exported in any quantity. According to Healy Consultants, Kyrgyzstan's economy relies heavily on the strength of industrial exports, with plentiful reserves of gold, mercury and uranium. The economy also relies heavily on remittances from foreign workers. Following independence, Kyrgyzstan was progressive in carrying out market reforms, such as an improved regulatory system and land reform. In 1998, Kyrgyzstan was the first Commonwealth of Independent States (CIS) country to be accepted into the World Trade Organization. Much of the government's stock in enterprises has been sold. Kyrgyzstan's economic performance has been hindered by widespread corruption, low foreign investment and general regional instability. Despite those issues, Kyrgyzstan is ranked 70th (as of 2019) on the ease of doing business index.

Since 2020, Kyrgyzstan has achieved greater political stability after years of turmoil.