Kyrgyzstan - Economic Forecasts - 2018-2020 Outlook

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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 2.50 2.5 2.4 2.5 2.5 2.9 percent
Inflation Rate 0.80 5 6.5 6.2 6.4 5.3 percent
Interest Rate 4.75 4.75 4.75 4.75 4.5 6 percent
Balance of Trade -265.00 -261 -187 -261 -261 -192 USD Million
Government Debt to GDP 53.90 65 65 60 60 58 percent
MARKETS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 68.05
68.51 69.01 69.5 70 72.04
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 4.90
percent
2.7 3.3 4.8 5.2 5.4
GDP 7.56
USD Billion
7.8 7.8 8.1 8.1 8.3
GDP Constant Prices 520958.60
KGS Million
489192 538150 545965 548048 587063
Gross Fixed Capital Formation 63486.70
KGS Million
43191 65582 66534 66788 71542
GDP per capita 1070.32
USD
1098 1098 1105 1105 1118
GDP per capita PPP 3393.50
USD
3402 3402 3484 3484 3540
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 2.50
percent
2.5 2.4 2.5 2.5 2.9
Unemployed Persons 63.00
Thousand
63.38 58.5 63.35 63.35 63.35
Minimum Wages 1200.00
KGS/Month
1200 1200 1250 1270 1300
Population 6.14
Million
6.22 6.25 6.27 6.3 6.53
Employed Persons 538557.00
538504 538457 538448 538451 538456
Wages 16220.00
KGS/Month
15700 21600 16700 16098 23000
Wages In Manufacturing 15558.00
KGS/Month
15890 16000 16403 16587 17400
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 0.80
percent
5 6.5 6.2 6.4 5.3
Core Inflation Rate 3.10
percent
3.2 3.23 3.24 3.24 3.24
Inflation Rate Mom -0.20
percent
0.46 0.49 0.38 0.36 0.38
Producer Prices 153.60
Index Points
155 153 157 156 166
Producer Prices Change 1.40
percent
1.55 1 1.31 1.29 4.7
Food Inflation -4.60
percent
-1.8 -1.2 0.5 1.5 3
GDP Deflator 105.20
Index Points
105 105 105 105 105
Consumer Price Index Cpi 257.00
Index Points
264 274 276 273 303
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 4.75
percent
4.75 4.75 4.75 4.5 6
Money Supply M0 78443.80
KGS Million
79105 61800 79189 80319 64900
Foreign Exchange Reserves 2192.98
USD Million
2193 3300 2193 2192 4200
Deposit Interest Rate 2.75
percent
2.75 2.75 2.75 2.5 4
Money Supply M1 114403.10
KGS Million
116113 80000 116354 117698 84400
Money Supply M2 142602.40
KGS Million
144338 91500 144563 145684 94600
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -265.00
USD Million
-261 -187 -261 -261 -192
Exports 148.40
USD Million
147 125 147 147 220
Imports 413.40
USD Million
408 312 408 408 412
Current Account 15.40
USD Million
-42.76 -43.5 -44.45 -42.7 -43.87
Current Account to GDP -12.00
percent
-9 -9 -10 -10 -12.81
Gold Reserves 7.95
Tonnes
9.3 9.79 10.43 10.85 13.22
Tourist Arrivals 1273.20
Thousand
1275 1300 1300 1300 1300
Remittances 204.50
USD Million
224 144 207 222 210
Terrorism Index 1.99
1.57 1.64 1.6 1.56 1.36
Foreign Direct Investment -65.10
USD Million
-49.82 -71.09 -105 -52.09 -70.65
External Debt 8157.10
KGS Million
8479 8573 8678 8777 9789
Crude Oil Production 1.00
BBL/D/1K
1 1 1 1 1
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 53.90
percent
65 65 60 60 58
Government Budget -3.20
percent of GDP
-2.86 -2.55 -2.18 -1.81 -1.91
Government Revenues 58278954.60
KGS Thousand
76269757 134000000 68769435 70050008 144000000
Government Debt 4080.60
USD Million
4173 4237 4297 4352 4854
Fiscal Expenditure 56761968.30
KGS Thousand
80555526 69013266 71401372 73051522 72146149
Military Expenditure 211.29
USD Million
229 227 230 233 244
Government Spending 90482.10
KGS Million
63040 93468 94825 95187 101963
Government Budget Value 0.37
KGS Billion
-4285769 63496359 -2631937 -3001514 71853851
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Industrial Production -18.60
percent
-2.77 4.76 4.57 4.72 4.7
Manufacturing Production -19.30
percent
-1.88 4.26 5.36 5.44 5.41
Internet Speed 3814.45
KBps
4185 4212 4245 4273 4365
IP Addresses 125795.00
IP
118743 118747 118744 117675 116929
Leading Economic Index 0.70
percent
2.87 4.5 4.19 4.22 6.4
Mining Production -35.10
percent
-29.47 -27.53 -27.98 -28.45 -28.5
Ease of Doing Business 77.00
73 74 75 77 80
Corruption Index 29.00
Points
28 28 28 28 28
Corruption Rank 135.00
140 142 145 148 159
Changes In Inventories -7456.00
KGS Million
5483 -5835 3817 5934 -2378
Competitiveness Index 3.90
Points
3.78 3.78 3.83 3.84 3.79
Competitiveness Rank 102.00
112 112 104 101 113
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Retail Sales Yoy 2.40
percent
3.51 11.4 3.84 3.85 10.5
Consumer Confidence 30.70
Index Points
32.8 33.54 33.85 34.32 37.38
Consumer Spending 118136.30
KGS Million
131024 122035 123807 124279 133127
HOUSING Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Housing Starts 560.00
657 641 634 631 629
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Sales Tax Rate 12.00
percent
12 12 12 12 12
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Precipitation 21.76
mm
14.94 29.38 32.17 33.19 32.09
Temperature -8.56
celsius
14.5 -3.29 -8.33 12.57 3.29