Kyrgyzstan GDP Eases in January-August

Kyrgyzstan’s GDP grew 10.8% year-on-year in January–September 2026, up from a 10.0% gain over the same period last year, but marking the slowest pace of expansion since the first quarter of 2026. Growth was driven primarily by the services sector, which accounted for 48.7% of total GDP, followed by goods-producing industries at 35.9% and net taxes on products at 15.4%. Industrial output increased by 7.0% year-on-year, led by growth in chemical production, refined petroleum products, wood and paper products, motor vehicles and other transport equipment, and construction materials, while basic metals output declined.

Kyrgyzstan’s GDP expanded by 11.0% year-on-year in January–August 2026, easing from a four-month low of 11.1% growth recorded in January–July. The services sector grew by 6.3%, down 3.6 percentage points from the previous period, and accounted for 49.2% of total GDP. The slowdown was mainly driven by weaker growth in the industry sector (8.8% vs 11.1%), mining (8.9% vs 16.9%), manufacturing industries (10.1% vs 11.8%), and hotel activities and restaurants (9.5% vs 9.6%). On the other hand, goods-producing industries grew by 2.7% and accounted for 34.7% of GDP, lifted by gains in agriculture, forestry, and fishing (6.4% vs 6.0%), water supply, waste treatment, and recycling of raw materials (17.8% vs 17.3%), and construction (61.0% vs 60.6%).

Kyrgyzstan’s GDP expanded by 11.1% year-on-year in January–July 2026, easing from 11.9% growth recorded in January–June. This marked the weakest growth since March, driven largely by the services sector, whose growth fell by 3.7 percentage points to 6.1% and accounted for 49.8% of total GDP. The slowdown was weighed down by weaker increases in wholesale and retail trade; car and motorcycle repair (8.4% vs 8.5%), transport and storage (4.2% vs 4.4%), and hotel and restaurant activities (9.6% vs 10.5%). Meanwhile, other sectors contributed positively to overall growth. Goods-producing industries grew by 3.3% and accounted for 34.2% of GDP, lifted by increases in agriculture, forestry, and fishing (6.0% vs 4.3%), mining (16.9% vs 12.8%), and water supply, waste treatment, and recycling of raw materials (17.3% vs 16.2%).