Kyrgyzstan | Economic Forecasts | 2017-2020 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 Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 2.30 2.4 2.4 2.5 2.4 2.9 percent [+]
Inflation Rate 3.80 4 4.9 4.8 5.3 5.3 percent [+]
Interest Rate 5.00 5 5 5 5 6 percent [+]
Balance of Trade -144.50 -191 -156 -177 -158 -192 USD Million [+]
Government Debt to GDP 56.60 67 67 67 54.23 58 percent [+]
MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 67.91 69.2 69.88 71.94 71.25 82.21 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 7.80 4.6 3.8 3 3.6 5.2 percent [+]
GDP 6.57 6.3 6.3 6.3 6.59 6.8 USD Billion [+]
GDP Constant Prices 423635.50 445994 450150 454307 461702 566457 KGS Million [+]
Gross Fixed Capital Formation 29797.10 29142 32688 30752 20788 28462 KGS Million [+]
GDP per capita 1017.15 970 970 970 1012 982 USD [+]
GDP per capita PPP 3224.88 3050 3050 3050 3191 3441 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 2.30 2.4 2.4 2.5 2.4 2.9 percent [+]
Unemployed Persons 59.30 58 59.03 57.9 59.06 59.06 Thousand [+]
Minimum Wages 1140.00 1140 1140 1140 1220 1500 KGS/Month [+]
Population 6.14 6.16 6.19 6.21 6.23 6.41 Million [+]
Wages 13585.00 14200 14029 18800 14010 21700 KGS/Month [+]
Wages In Manufacturing 14343.00 13800 14753 15200 15123 17400 KGS/Month [+]
Employed Persons 534122.00 534390 534372 534366 534364 534365 [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 3.80 4 4.9 4.8 5.3 5.3 percent [+]
Core Inflation Rate 1.40 1.83 2.2 2.33 2.38 2.41 percent [+]
Producer Prices 149.80 151 152 153 155 168 Index Points [+]
Producer Prices Change 3.20 5.8 2.85 2.9 2.99 4.7 percent [+]
Inflation Rate Mom 0.10 0.52 0.59 0.61 0.61 0.61 percent [+]
Food Inflation 4.30 5.73 6.48 6.93 7.06 7.14 percent [+]
GDP Deflator 99.80 98.96 98.75 98.67 98.64 98.62 Index Points [+]
Consumer Price Index Cpi 254.20 257 258 258 259 259 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 5.00 5 5 5 5 6 percent [+]
Money Supply M0 67669.20 57700 67920 58800 67963 64900 KGS Million [+]
Foreign Exchange Reserves 1971.40 2200 2500 2700 1975 4200 USD Million [+]
Deposit Interest Rate 2.30 1.43 -0.12 -1.67 -2.29 -3.98 percent [+]
Money Supply M1 91056.90 74600 89259 79800 89217 84400 KGS Million [+]
Money Supply M2 111358.40 87100 87100 88900 88900 94600 KGS Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -144.50 -191 -156 -177 -158 -192 USD Million [+]
Exports 198.20 94 143 102 147 220 USD Million [+]
Imports 342.70 285 323 279 323 412 USD Million [+]
Current Account -61.50 -130 -107 -126 -127 -122 USD Million [+]
Current Account to GDP -9.60 -13.3 -14.03 -14.76 -12.82 -8.2 percent [+]
Gold Reserves 4.58 4.73 4.8 4.87 4.93 5.41 Tonnes [+]
Remittances 132.00 173 178 128 156 210 USD Million [+]
Tourist Arrivals 1265.10 1197 1202 1208 1212 1225 Thousand [+]
Terrorism Index 1.45 1.3 1.29 1.27 1.26 1.2 [+]
Foreign Direct Investment 92.80 39.36 27.94 43.45 27.47 30.08 USD Million [+]
External Debt 7866.80 8113 8231 8348 8439 9603 KGS Million [+]
Crude Oil Production 1.00 1 1 1 1 1 BBL/D/1K [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 56.60 67 67 67 54.23 58 percent [+]
Government Budget -4.60 -3.86 -3.89 -3.93 -3.69 -1.29 percent of GDP [+]
Government Revenues 31020025.00 25600000 69032086 129000000 64469948 144000000 KGS Thousand [+]
Government Debt 3742.70 3858 3931 3977 4011 4547 USD Million [+]
Fiscal Expenditure 31841112.00 78673605 61358580 56859096 62977587 61336127 KGS Thousand [+]
Government Spending 38590.10 39527 39527 39527 39527 39527 KGS Million [+]
Military Expenditure 261.30 265 268 270 272 300 USD Million [+]
Government Budget Value -2.31 -377920 -1730546 -2131562 -2153530 -2110618 KGS Thousand [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Industrial Production 36.90 21.67 7.91 5.22 5.07 5.2 percent [+]
Manufacturing Production 37.10 20.34 8.02 6.06 6.01 6.1 percent [+]
Mining Production 108.80 53.9 36.36 32.53 32.23 32.27 percent [+]
Leading Economic Index 7.70 2.3 2.5 2.9 4.24 6.4 percent [+]
Ease of Doing Business 75.00 68 68 69 70 71 [+]
Corruption Index 28.00 28 28 28 28 27 Points [+]
Corruption Rank 136.00 127 133 138 138 141 [+]
Changes In Inventories 1680.00 747 1408 484 -142 550 KGS Million [+]
Competitiveness Index 3.75 3.84 3.84 3.84 3.73 3.73 Points [+]
Competitiveness Rank 108.00 109 106 103 104 124 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Retail Sales Yoy 5.10 4.7 6.33 10.2 6.34 10.5 percent [+]
Consumer Confidence 27.80 35.65 39.04 40.87 42.72 68.59 [+]
Consumer Spending 92791.00 93358 94901 91533 90933 92295 KGS Million [+]
HOUSING Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Housing Starts 591.00 572 564 562 562 564 [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Sales Tax Rate 12.00 12 12 12 12 12 percent [+]