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Economy of Kyrgyzstan

Population: 5.7 million in 20131

GDP: $7.2 billion in 20132

GDP per capita: $1,263 nominal3 ($3,212 PPP4) in 2013

GDP growth rate: 10.5% in 20135

Industries

GDP by Industry 20126

Industry sectorValue added ($ millions) 2012Percent of total
Other activities1,43425.2%
Manufacturing1,13720.0%
Wholesale, retail trade, restaurants and hotels1,03018.1%
Agriculture, hunting, forestry, fishing1,02718.0%
Transport, storage and communication5048.9%
Construction3055.4%
Mining and utilities2574.5%
Total value added5,694100%

Employment

Unemployment rate: 8.0% in 20137

Employment by Industry 20138

Employment sector Employees (thousands) 2013Percent of total
Agriculture, forestry and fishing71731.7%
Wholesale trade, retail trade and repair of motor vehicles36015.9%
Construction24510.8%
Education1757.7%
Manufacturing1576.9%
Transportation and storage1426.3%
Public administration and defence964.2%
Human health and social work803.5%
Accommodation and food service803.5%
Other service331.4%
Electricity, gas, steam and air conditioning301.3%
Information and communication261.1%
Finance and insurance221.0%
Activities of households as employers200.9%
Administrative and support service170.7%
Professional, scientific and technical160.7%
Water supply, sewerage and waste management160.7%
Arts, entertainment and recreation150.6%
Mining and quarrying100.4%
Real estate80.3%
Extraterritorial organizations and bodies00.0%
Total employment2,263100%

Corporations

Top 10 Corporations by Revenue 20139

N/A

Households

Household Wealth: $5 billion (69% of GDP) in 201410

Household Wealth per Adult: $1,182 in 201410

Gini Coefficient: .334 in 201311

Government

Central Government

Central Government Revenue: $2.1 billion (29% of GDP) in 201312

Central Government Expenditure: $2.5 billion (35% of GDP) in 201312

Central Government Budget Balance: -$0.4 billion (-6% of GDP) in 201312

Central Government Public Debt: $3.6 billion (50% of GDP) in Q4 2014* 13

Central Government 10 Year Bond Interest Rate: N/A

* Public debt calculated using the exchange rate 61.1 KGS = 1 USD

Government Funds

N/A

Tax Structure

Individual Income Tax Rates and Thresholds in 201114

Corporate Tax Rate: 10% in 201415

Monetary Policy

Money Supply (M0): $1.0 billion (14% of GDP) in Jan 2015* 16

Benchmark Interest Rate: Bank Rate = 11% in Feb 201517

Total Reserves: $2.2 billion (31% of GDP) in 201318

Exchange Rate: 61.1 Kyrgyzstani Som = 1 U.S. Dollar on Feb 18, 201519

Inflation: 6.6% in 201320

* Money supply calculated using the exchange rate 61.1 KGS = 1 USD

Financial Institutions

Top 10 Financial Institutions by Assets 201321

N/A (data not available at Relbanks.com)

International Accounts

Exports: $1.9 billion (26% of GDP) in 201322

Imports: $5.1 billion (71% of GDP) in 201322

Trade Balance: -$3.2 billion (-45% of GDP) in 201322

Foreign Direct Investment Inflow: $0.8 billion (11% of GDP) in 201323

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: $0.5 billion (7% of GDP) in 201224

Foreign Aid Outflow: N/A

References

1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: International Labor Organization, ILOSTAT, Downloads (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: UN Human Development Report (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: IMF Data Dissemination Bulletin Board, Access National Summary Data (Public debt) Go back
14. Source: PwC, Doing Business Guide (Individual tax rates) Go back
15. Source: Tax Foundation (Corporate tax rate) Go back
16. Source: IMF Data Dissemination Bulletin Board, Access National Summary Data (Money supply) Go back
17. Source: National Bank of the Kyrgyz Republic (Benchmark interest rate) Go back
18. Source: World Bank Indicators (Total reserves) Go back
19. Source: xe.com (Exchange rate) Go back
20. Source: World Bank Indicators (Inflation rate) Go back
21. Source: Relbanks.com (Financial institutions by assets) Go back
22. Source: CIA World Factbook (Trade data) Go back
23. Source: World Bank Indicators (FDI data) Go back
24. Source: World Bank Indicators (Aid data) Go back