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 Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 2.40 2.5 2.4 2.5 2.4 2.9 percent [+]
Inflation Rate 3.30 4.8 5.3 5.5 6.1 5.3 percent [+]
Interest Rate 5.00 5 5 5 7 6 percent [+]
Balance of Trade -232.50 -177 -218 -212 -206 -192 USD Million [+]
Government Debt to GDP 56.60 67 65 65 65.07 58 percent [+]
MARKETS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Currency 68.62 67.69 67 66.32 65.64 58.11 [+]
GDP Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Annual Growth Rate 6.40 4.5 5.2 6.3 3.7 5.4 percent [+]
GDP 6.55 6.3 6.25 6.1 5.95 6.8 USD Billion [+]
GDP Constant Prices 458027.40 483782 486600 489418 492236 513106 KGS Million [+]
Gross Fixed Capital Formation 29797.10 31234 22583 27943 31773 28756 KGS Million [+]
GDP per capita 1038.30 970 1022 1017 1011 933 USD [+]
GDP per capita PPP 3292.00 3050 3267 3253 3240 3441 USD [+]
LABOUR Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 2.40 2.5 2.4 2.5 2.4 2.9 percent [+]
Unemployed Persons 60.30 57.9 60.49 60.54 60.59 60.95 Thousand [+]
Minimum Wages 1140.00 1140 1220 1220 1184 1500 KGS/Month [+]
Population 6.14 6.26 6.29 6.32 6.35 6.6 Million [+]
Wages 15304.00 18800 15255 15226 15192 21700 KGS/Month [+]
Wages In Manufacturing 14498.13 15200 14479 14468 14458 17400 KGS/Month [+]
Employed Persons 535394.00 535842 535685 535527 535370 534023 [+]
PRICES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 3.30 4.8 5.3 5.5 6.1 5.3 percent [+]
Core Inflation Rate 2.30 2.61 2.81 2.99 3.15 3.98 percent [+]
Producer Prices 152.10 152 152 151 151 148 Index Points [+]
Producer Prices Change 0.70 2.9 3.47 4.67 5.66 4.7 percent [+]
Inflation Rate Mom -0.30 0.5 0.57 0.58 0.58 0.58 percent [+]
Food Inflation 3.30 3.54 4.77 5.75 6.39 7.4 percent [+]
GDP Deflator 102.20 104 105 106 106 109 Index Points [+]
Consumer Price Index Cpi 251.20 250 249 248 248 244 Index Points [+]
MONEY Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 5.00 5 5 5 7 6 percent [+]
Money Supply M0 78910.50 58800 79906 79358 78805 64900 KGS Million [+]
Foreign Exchange Reserves 2061.70 2700 2001 1985 1970 4200 USD Million [+]
Deposit Interest Rate 2.30 0.27 0.56 0.86 1.15 4.5 percent [+]
Money Supply M1 109217.60 79800 110669 110265 109848 84400 KGS Million [+]
Money Supply M2 131378.00 88900 88900 88900 88900 94600 KGS Million [+]
TRADE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -232.50 -177 -218 -212 -206 -192 USD Million [+]
Exports 154.80 102 131 125 120 220 USD Million [+]
Imports 387.30 279 364 357 350 412 USD Million [+]
Current Account -98.80 -131 -142 -148 -154 -182 USD Million [+]
Current Account to GDP -9.60 -11 -9 -9 -8.6 -14.81 percent [+]
Gold Reserves 5.06 5.46 5.64 5.81 5.98 7.02 Tonnes [+]
Remittances 228.80 128 166 152 142 210 USD Million [+]
Tourist Arrivals 1265.10 1200 1175 1150 1125 1000 Thousand [+]
Terrorism Index 1.45 0.8 0.75 0.7 0.65 1.1 [+]
Foreign Direct Investment -48.40 187 127 172 145 235 USD Million [+]
External Debt 7913.70 7882 7864 7841 7818 7598 KGS Million [+]
Crude Oil Production 1.00 1.08 1.1 1.12 1.14 1.26 BBL/D/1K [+]
GOVERNMENT Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 56.60 67 65 65 65.07 58 percent [+]
Government Budget -4.60 -3.93 -3.69 -3.46 -3.22 -1.29 percent of GDP [+]
Government Revenues 92148523.20 129000000 47434110 51758071 51004411 144000000 KGS Thousand [+]
Government Debt 3871.60 3895 3887 3879 3870 3795 USD Million [+]
Fiscal Expenditure 100378502.30 49648465 56617592 61735971 58995634 59168639 KGS Thousand [+]
Military Expenditure 212.30 215 215 216 216 199 USD Million [+]
Government Spending 15742.40 83361 16971 37199 55686 81746 KGS Million [+]
Government Budget Value -10.04 -21 -2 -6 -16 -17 KGS Billion [+]
BUSINESS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Industrial Production -2.80 1.98 4.43 5.08 5.15 5.13 percent [+]
Manufacturing Production -7.30 1.69 5.25 5.91 5.94 5.91 percent [+]
Mining Production 179.10 45.54 26.41 19.38 16.91 15.57 percent [+]
Leading Economic Index 5.00 2.9 4.1 4.21 4.28 6.4 percent [+]
Ease of Doing Business 75.00 63 63 64 64 69 [+]
Corruption Index 28.00 27 26 26 26 22 Points [+]
Corruption Rank 136.00 124 123 122 121 118 [+]
Changes In Inventories 1680.00 1450 1045 914 1123 1270 KGS Million [+]
Competitiveness Index 3.90 3.78 3.78 3.78 3.78 3.82 Points [+]
Competitiveness Rank 102.00 112 112 112 112 111 [+]
CONSUMER Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Retail Sales Yoy 4.50 10.2 5.22 5.26 5.27 10.5 percent [+]
Consumer Confidence 27.80 29.96 28.17 28.25 28.94 16.65 [+]
Consumer Spending 78539.90 84844 80864 81777 82005 77405 KGS Million [+]
HOUSING Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Housing Starts 576.00 585 579 576 574 573 [+]
TAXES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Sales Tax Rate 12.00 12 12 12 12 12 percent [+]