Kyrgyzstan GDP Expands 10.1% in January-March

Kyrgyzstan’s GDP expanded by 10.1% year-on-year in January–March 2026, accelerating from 8.8% growth recorded in January–February. The stronger performance was largely driven by the services sector, which grew 7.7% and accounted for 53.5% of total GDP, mainly due to wholesale and retail trade and vehicle repair (14.8%) and transport activities (5.5%). Other sectors also contributed positively to overall growth, industrial output rose by 13.4%, manufacturing increased 15.2%, mining activity increased sharply (30.4%) and construction (29.6%). Meanwhile, agriculture, forestry, and fisheries posted more modest growth of 2.8%. Net taxes on products increased by 9.2%, representing 16.3% of GDP.

Kyrgyzstan’s GDP grew 8.8% year-on-year in January–February 2026, marking the slowest pace of expansion since mid-2024 and slowing from a 10.9% gain during the same period last year. Despite the slowdown, the economy has continued to expand since late 2021, primarily driven by industrial production, which surged 14.7%, supported by the production of base metals and metal ore. Other key sectors also recorded growth, including construction (23.2%) and agriculture, forestry, and fisheries (2.6%). Moreover, domestic demand remained a key driver of economic momentum, with wholesale and retail trade and vehicle repair services up 11.4%, and hotels and restaurants rising 13.2%. Investment activity also showed solid momentum, expanding 8.4%. The Eurasian Development Bank projects that Kyrgyzstan’s GDP could expand by as much as 9.3% by the end of 2026, provided industrial production and investment continue at their current pace.

Kyrgyzstan’s GDP grew 9.0% year-on-year in January 2026, driven by commodity production, services, and net taxes on products. Goods-producing industries rose 11.8%, with industry up 12.5%, construction 25.7%, and agriculture, forestry, and fishing 3.5%. Within industry, mining grew 37.7%, manufacturing 12.0%, electricity, gas, and steam supply 0.7%, and water, waste, and recycling 13.8%. Services rose 8.9%, led by trade and vehicle repair (+17.4%), transportation and storage (+1.7%), hotels and restaurants (+10.9%), information and communications (+3.8%), and other services (+6.2%). Net taxes on products increased 5.4%. The broad-based expansion across sectors, including agriculture, industry, construction, trade, hotels and restaurants, and transportation and communications, together accounts for 55% of GDP.