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Kyrgyzstan Economy 2015
https://photius.com/world_fact_book_2015/kyrgyzstan/kyrgyzstan_economy.html
SOURCE: 2015 CIA WORLD FACTBOOK AND OTHER SOURCES











Kyrgyzstan Economy 2015
SOURCE: 2015 CIA WORLD FACTBOOK AND OTHER SOURCES


Page last updated on June 20, 2014

Economy - overview:
Kyrgyzstan is a poor, mountainous country with a dominant agricultural sector. Cotton, tobacco, wool, and meat are the main agricultural products, although only tobacco and cotton are exported in any quantity. Industrial exports include gold, mercury, uranium, natural gas, and electricity. The economy depends heavily on gold exports - mainly from output at the Kumtor gold mine - and on remittances from Kyrgyzstani migrant workers primarily in Russia. Following independence, Kyrgyzstan was progressive in carrying out market reforms, such as an improved regulatory system and land reform. 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. Drops in production had been severe after the breakup of the Soviet Union in December 1991, but by mid-1995, production began to recover and exports began to increase. The overthrow of President BAKIEV in April 2010 and subsequent ethnic clashes left hundreds dead and damaged infrastructure. Under President ATAMBAYEV, Kyrgyzstan has developed a plan for economic development in coordination with international donors, and has also expressed its intent to join the Customs Union of Russia, Belarus, and Kazakhstan. Progress in fighting corruption, improving transparency in licensing, business permits and taxations, restructuring domestic industry, and attracting foreign aid and investment are key to future growth.

GDP (purchasing power parity):
$14.3 billion (2013 est.)
country comparison to the world: 145
$13.32 billion (2012 est.)
$13.44 billion (2011 est.)
note: data are in 2013 US dollars
[see also: GDP country ranks ]

GDP (official exchange rate):
$7.234 billion (2013 est.)
[see also: GDP (official exchange rate) country ranks ]

GDP - real growth rate:
7.4% (2013 est.)
country comparison to the world: 17
-0.9% (2012 est.)
6% (2011 est.)
[see also: GDP - real growth rate country ranks ]

GDP - per capita (PPP):
$2,500 (2013 est.)
country comparison to the world: 185
$2,400 (2012 est.)
$2,400 (2011 est.)
note: data are in 2013 US dollars
[see also: GDP - per capita country ranks ]

Gross national saving:
9.1% of GDP (2013 est.)
country comparison to the world: 139
2.4% of GDP (2012 est.)
15% of GDP (2011 est.)
[see also: Gross national saving country ranks ]

GDP - composition, by end use:
household consumption: 78.1%
government consumption: 17.6%
investment in fixed capital: 25.3%
investment in inventories: 8%
exports of goods and services: 51.2%
imports of goods and services: -80.2%
(2013 est.)

GDP - composition, by sector of origin:
agriculture: 20.8%
industry: 34.4%
services: 44.8% (2013 est.)

Agriculture - products:
tobacco, cotton, potatoes, vegetables, grapes, fruits and berries; sheep, goats, cattle, wool

Industries:
small machinery, textiles, food processing, cement, shoes, sawn logs, refrigerators, furniture, electric motors, gold, rare earth metals

Industrial production growth rate:
12% (2013 est.)
country comparison to the world: 6
[see also: Industrial production growth rate country ranks ]

Labor force:
2.344 million (2007)
country comparison to the world: 115
[see also: Labor force country ranks ]

Labor force - by occupation:
agriculture: 48%
industry: 12.5%
services: 39.5% (2005 est.)

Unemployment rate:
8.6% (2011 est.)
country comparison to the world: 95
18% (2004 est.)
[see also: Unemployment rate country ranks ]

Population below poverty line:
33.7% (2011 est.)
[see also: Population below poverty line country ranks ]

Household income or consumption by percentage share:
lowest 10%: 2.8%
highest 10%: 27.8% (2009 est.)

Distribution of family income - Gini index:
33.4 (2007)
country comparison to the world: 99
29 (2001)
[see also: Distribution of family income - Gini index country ranks ]

Budget:
revenues: $2.128 billion
expenditures: $2.458 billion (2013 est.)

Taxes and other revenues:
29.4% of GDP (2013 est.)
country comparison to the world: 94
[see also: Taxes and other revenues country ranks ]

Budget surplus (+) or deficit (-):
-4.6% of GDP (2013 est.)
country comparison to the world: 161
[see also: Budget surplus (+) or deficit (-) country ranks ]

Fiscal year:
calendar year

Inflation rate (consumer prices):
6.8% (2013 est.)
country comparison to the world: 186
2.7% (2012 est.)
[see also: Inflation rate (consumer prices) country ranks ]

Central bank discount rate:
13.73% (22 December 2011 est.)
country comparison to the world: 109
2.5% (31 December 2010 est.)
[see also: Central bank discount rate country ranks ]

Commercial bank prime lending rate:
25% (31 December 2013 est.)
country comparison to the world: 7
28.43% (31 December 2012 est.)
[see also: Commercial bank prime lending rate country ranks ]

Stock of narrow money:
$1.479 billion (31 December 2013 est.)
country comparison to the world: 138
$1.372 billion (31 December 2012 est.)
[see also: Stock of narrow money country ranks ]

Stock of broad money:
$1.776 billion (31 December 2013 est.)
country comparison to the world: 156
$1.634 billion (31 December 2012 est.)
[see also: Stock of broad money country ranks ]

Stock of domestic credit:
$1.011 billion (31 December 2013 est.)
country comparison to the world: 152
$932.5 million (31 December 2012 est.)
[see also: Stock of domestic credit country ranks ]

Market value of publicly traded shares:
$165 million (31 December 2012 est.)
country comparison to the world: 108
$165 million (31 December 2011)
$79 million (31 December 2010 est.)
[see also: Market value of publicly traded shares country ranks ]

Current account balance:
-$1.125 billion (2013 est.)
country comparison to the world: 121
-$1.497 billion (2012 est.)
[see also: Current account balance country ranks ]

Exports:
$1.881 billion (2013 est.)
country comparison to the world: 143
$1.921 billion (2012 est.)
[see also: Exports country ranks ]

Exports - commodities:
gold, cotton, wool, garments, meat, tobacco; mercury, uranium, electricity; machinery; shoes

Exports - partners:
Kazakhstan 26.2%, Uzbekistan 26.1%, Russia 14.6%, China 7%, UAE 6.1%, Afghanistan 5.2% (2012)

Imports:
$5.082 billion (2013 est.)
country comparison to the world: 127
$4.967 billion (2012 est.)
[see also: Imports country ranks ]

Imports - commodities:
oil and gas, machinery and equipment, chemicals, foodstuffs

Imports - partners:
China 55.2%, Russia 17.4%, Kazakhstan 7.9% (2012)

Reserves of foreign exchange and gold:
$2.199 billion (31 December 2013 est.)
country comparison to the world: 120
$2.066 billion (31 December 2012 est.)
[see also: Reserves of foreign exchange and gold country ranks ]

Debt - external:
$3.859 billion (31 December 2013 est.)
country comparison to the world: 128
$3.746 billion (31 December 2012 est.)
[see also: Debt - external country ranks ]

Stock of direct foreign investment - at home:
$2.005 billion (31 December 2013 est.)
country comparison to the world: 100
$1.685 billion (31 December 2012 est.)
[see also: Stock of direct foreign investment - at home country ranks ]

Stock of direct foreign investment - abroad:
$39.6 million (31 December 2013 est.)
country comparison to the world: 89
$39.6 million (31 December 2012 est.)
[see also: Stock of direct foreign investment - abroad country ranks ]

Exchange rates:
soms (KGS) per US dollar -
48.87 (2013 est.)
47.005 (2012 est.)
45.964 (2010 est.)
42.905 (2009)
36.108 (2008)


NOTE: 1) The information regarding Kyrgyzstan on this page is re-published from the 2015 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Kyrgyzstan Economy 2015 information contained here. All suggestions for corrections of any errors about Kyrgyzstan Economy 2015 should be addressed to the CIA.
2) The rank that you see is the CIA reported rank, which may habe the following issues:
  a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
  b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order




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