Industrial production in Kyrgyzstan rose 21.4 percent year-on-year in April 2019, accelerating from a 17.8 percent surge in the prior month. It was the biggest gain since November 2018, as output increased faster for manufacturing (25.9 percent from 21.1 percent in March), due to a rise in basic metals production (53.6 percent vs 41.1 percent); electricity, gas, steam & air conditioning supply (4.0 percent vs 0.3 percent) and for water supply & waste treatment (25 percent vs 13 percent). In contrast, mining & quarrying production fell (-30.2 percent vs 32.7 percent). Industrial Production in Kyrgyzstan averaged 5.14 percent from 1999 until 2019, reaching an all time high of 105.80 percent in February of 2010 and a record low of -44.10 percent in December of 2011.
Industrial Production in Kyrgyzstan is expected to be 11.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Kyrgyzstan to stand at -14.00 in 12 months time. In the long-term, the Kyrgyzstan Industrial Production is projected to trend around 2.50 percent in 2020, according to our econometric models.