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 2.40 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 -237.30 -191 -194 -177 -192 -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 68.80 69.15 69.84 71.89 71.21 82.16 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 7.80 5.6 4.8 4.5 5.2 5.4 percent [+]
GDP 6.57 6.3 6.3 6.3 6.59 6.8 USD Billion [+]
GDP Constant Prices 458027.40 468194 475988 483782 486600 513106 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 2.40 2.4 2.4 2.5 2.4 2.9 percent [+]
Unemployed Persons 60.30 58 60.47 57.9 60.3 60.33 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 14166.00 14200 14355 18800 14300 21700 KGS/Month [+]
Wages In Manufacturing 14790.26 13800 15109 15200 15574 17400 KGS/Month [+]
Employed Persons 532156.00 532013 531643 531602 531610 531628 [+]
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 1.10 0.97 1.08 1.07 1.07 1.07 percent [+]
Producer Prices 149.20 150 151 152 154 166 Index Points [+]
Producer Prices Change 1.80 5.8 2.53 2.9 2.67 4.7 percent [+]
Inflation Rate Mom 0.10 0.38 0.58 0.6 0.6 0.61 percent [+]
Food Inflation 4.80 4.8 5.39 5.75 5.84 5.91 percent [+]
GDP Deflator 100.40 99.71 99.57 99.52 99.5 99.49 Index Points [+]
Consumer Price Index Cpi 254.10 254 255 255 255 255 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 69491.00 57700 69178 58800 69273 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 94981.00 74600 95091 79800 95163 84400 KGS Million [+]
Money Supply M2 115841.10 87100 87100 88900 88900 94600 KGS Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -237.30 -191 -194 -177 -192 -192 USD Million [+]
Exports 116.20 94 138 102 139 220 USD Million [+]
Imports 353.50 285 332 279 331 412 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 4.88 4.73 4.8 4.87 4.93 5.41 Tonnes [+]
Remittances 191.00 224 184 128 188 210 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 41328508.30 25600000 68650390 129000000 64847409 144000000 KGS Thousand [+]
Government Debt 3742.70 3858 3931 3977 4011 4547 USD Million [+]
Fiscal Expenditure 45587601.70 79892000 72234550 63520791 67976592 67646580 KGS Thousand [+]
Government Spending 38590.10 39527 39527 39527 39527 39527 KGS Million [+]
Military Expenditure 212.30 231 230 230 234 243 USD Million [+]
Government Budget Value -5.68 44650664 35702625 36892047 36808774 36805011 KGS Thousand [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Industrial Production 34.70 27.59 9.97 5.55 5.02 5.13 percent [+]
Manufacturing Production 34.70 27.12 10.01 6.26 5.88 5.97 percent [+]
Mining Production 62.70 55.48 36.99 32.93 32.63 32.69 percent [+]
Leading Economic Index 6.80 2.3 2.5 2.9 4.23 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 4.40 4.7 5.68 10.2 5.85 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 576.00 568 566 566 567 567 [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Sales Tax Rate 12.00 12 12 12 12 12 percent [+]