This page has economic forecasts for Kyrgyzstan including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Kyrgyzstan economy.


Overview Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 2.50 2.4 2.5 2.5 2.5 2.5 percent
Inflation Rate 0.80 4 3.9 4.2 4.2 5.3 percent
Interest Rate 4.75 4.75 4.75 4.75 4.75 4.5 percent
Balance of Trade -260.40 -187 -256 -257 -257 -192 USD Million
Government Debt to GDP 53.90 65 60 60 60 58 percent
MARKETS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Currency 69.70
68.9 69.1 69.3 69.5 70.32
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Annual Growth Rate 4.90
percent
3.2 4.6 5.2 4.8 5.4
GDP 7.56
USD Billion
7.8 8.1 8.1 8.1 8.3
GDP Constant Prices 520958.60
KGS Million
537629 544923 548048 545965 589328
Gross Fixed Capital Formation 63486.70
KGS Million
65518 66407 66788 66534 71819
GDP per capita 1070.32
USD
1098 1105 1105 1105 1118
GDP per capita PPP 3393.50
USD
3402 3484 3484 3484 3540
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 2.50
percent
2.4 2.5 2.5 2.5 2.5
Unemployed Persons 65.10
Thousand
58.5 59.1 60.7 61.2 63.3
Minimum Wages 1200.00
KGS/Month
1200 1250 1250 1250 1300
Population 6.14
Million
6.22 6.34 6.34 6.34 6.53
Employed Persons 543588.00
541000 542500 541300 539500 545000
Wages 17003.20
KGS/Month
21600 16700 17500 19800 23000
Wages In Manufacturing 15686.60
KGS/Month
16000 16100 16350 16510 17400
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 0.80
percent
4 3.9 4.2 4.2 5.3
Core Inflation Rate 2.20
percent
3.2 1.71 2.8 2.6 1.61
Inflation Rate Mom 1.60
percent
0.4 0.5 0.6 0.6 0.8
Producer Prices 148.60
Index Points
153 157 157 153 166
Producer Prices Change -2.00
percent
1 1.3 1.9 2.4 4.7
Food Inflation -2.90
percent
-1.2 0.5 1.5 1.8 3
GDP Deflator 105.20
Index Points
105 104 105 105 106
Cpi Housing Utilities 292.80
Index Points
293 293 293 293 293
Cpi Transportation 218.10
Index Points
217 216 216 216 216
Consumer Price Index Cpi 255.00
Index Points
267 270 268 265 294
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 4.75
percent
4.75 4.75 4.75 4.75 4.5
Money Supply M0 83378.40
KGS Million
78800 80700 81300 81900 79900
Foreign Exchange Reserves 2192.98
USD Million
2270 2220 2285 2310 2400
Deposit Interest Rate 2.75
percent
2.75 2.75 2.75 2.75 2.5
Money Supply M1 119258.10
KGS Million
119000 118700 117200 119900 121000
Money Supply M2 148248.30
KGS Million
143000 143300 143600 143900 145000
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -260.40
USD Million
-187 -256 -257 -257 -192
Exports 95.80
USD Million
125 135 134 134 220
Imports 356.20
USD Million
312 391 391 391 412
Current Account -98.80
USD Million
-43.5 -35.9 -35.9 -35.9 -39.7
Current Account to GDP -12.00
percent
-12.5 -11.1 -11.1 -11.1 -11.8
Gold Reserves 9.45
Tonnes
9.8 10.8 11.4 12.1 13.2
Tourist Arrivals 1375.10
Thousand
1285 1298 1298 1298 1300
Remittances 279.40
USD Million
260 207 222 214 210
Terrorism Index 1.99
1.64 1.52 1.52 1.99 1.99
Foreign Direct Investment 139.20
USD Million
71.1 104 52.1 -38.9 -50.6
External Debt 8132.90
KGS Million
8242 8278 8356 8430 8600
Crude Oil Production 1.00
BBL/D/1K
1 1 1 1 1
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 53.90
percent
65 60 60 60 58
Government Budget -3.20
percent of GDP
-2.8 -1.7 -1.7 -1.7 -1.9
Government Revenues 107527217.90
KGS Thousand
150000000 35000000 74000000 103200000 161000000
Government Debt 3809.20
USD Million
4237 4297 4302 4357 4550
Fiscal Expenditure 107648214.30
KGS Thousand
171000000 38000000 75700000 115500000 160000000
Military Expenditure 211.29
USD Million
218 225 225 225 233
Government Spending 8163.90
KGS Million
93378 8539 8588 8556 102357
Government Budget Value -2.04
KGS Billion
-21000000 -3000000 -1700000 -12300000 1000000
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Industrial Production 32.50
percent
4.7 5.1 5.7 6.8 5.3
Manufacturing Production 50.20
percent
4.2 4.5 4.7 5.4 5.1
Internet Speed 3814.45
KBps
4212 4245 4273 4289 4365
IP Addresses 125795.00
IP
118747 118744 117675 117839 116929
Leading Economic Index 1.20
percent
3.5 3.7 3.2 3.8 5.2
Mining Production -51.20
percent
-27.5 -29.4 -25.2 -24.6 -18.4
Ease of Doing Business 70.00
79 80 80 80 82
Corruption Index 29.00
Points
29 29 29 29 29
Corruption Rank 135.00
135 135 135 135 135
Changes In Inventories 10728.30
KGS Million
-4474 2710 2708 2708 -2378
Competitiveness Index 53.02
Points
53.52 53.52 53.52 53.52 56.02
Competitiveness Rank 97.00
97 97 97 97 97
CONSUMER Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Retail Sales Yoy 4.00
percent
4.7 5.2 4.6 4.9 5.5
Consumer Confidence 27.40
Index Points
33.5 33.8 34.2 36.2 37.3
Consumer Spending 84018.90
KGS Million
121917 87884 88388 88052 133640
HOUSING Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Housing Starts 615.00
units
641 615 631 644 690
TAXES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Sales Tax Rate 12.00
percent
12 12 12 12 12
CLIMATE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Precipitation 21.76
mm
29.38 32.17 33.19 33.19 32.09
Temperature -8.56
celsius
-3.29 -8.33 12.57 5.62 3.29



Kyrgyzstan - Economic Forecasts - 2018-2020 Outlook