Kyrgyzstan


Kyrgyzstan Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Kyrgyzstan; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION
Central bank National Bank of the Kyrgyz Republic
International Reserves US$ 1.831 billion (Source: IMF; Data updated: 2012)
Gross Domestic Product - GDP US$ 6.442 billion (2011 estimate)
GDP (Purchasing Power Parity) 13.956 billion of International dollars (2011 estimate)
Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
5.3% 0% 7% 7% -0.2% 3.1% 8.5% 7.6%
2009 2010 2011 2012*
2.9% -0.5% 5.7% 5%

*Estimate

GDP per capita - current prices US$ 1,153 (2010 estimate)
GDP per capita - PPP $2,498 International Dollars (2010 estimate)
GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
N/A N/A 0.02% 0.02% 0.02%

**Forecast

GDP - composition by sector
  • agriculture: 20.2% 
  • industry: 27.8% 
  • services: 51.9% (2011 estimate)
  • (Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP) N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
6.8%(2008) 7.8% 16.6% 4.1%

*Estimate

Unemployment rate
2009 2010 2011 2012*
8.4% 8.6% 7.9%(2009) 7.7%

*Estimate

Household saving rates N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
48.5% 58% 60.3% 52.4% 51.2%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
1% -1.3% -5.8% -4.8% -6.1%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$71.84 million US$79 million US$165 million
Largest companies in Kyrgyzstan N/A
DATA ON TRADE AND COMPETITIVENESS
Current account balance US$ -312 million (2011 estimate)(After 2008)
Current account balance by percentage of GDP -4.8% of GDP (2011 estimate)(2009)
Exports as percent of GDP

(Exports of goods and services)

57.7% (2010)

(Data released on April 2012)

Shares in world total merchandising export 0.01%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export 0.03% (2011)(2007)

(Data were released in 2012)

Total exports US$2.294 billion (2012 estimate) 
Export commodities gold, cotton, wool, garments, meat, tobacco; mercury, uranium, hydropower; machinery; shoes
Total imports US$4.272 billion (2012 estimate) 
Import commodities oil and gas, machinery and equipment, chemicals, foodstuffs
Exports - major partners Uzbekistan 25.4%, Russia 22.2%, Kazakhstan 20.1%, China 7.8%, UAE 5.5%, Afghanistan 5%, Turkey 4.2% (2011)
Imports - major partners China 59.8%, Russia 13.9%, Kazakhstan 5.2% (2011)
FDI inflows
2009 2010 2011
US$189 million US$438 million(2009) US$694 million(2009)
FDI outflows
2009 2010 2011
N/A N/A N/A
Value of cross-border M&A, by country of purchaser
2008 2009 2010 2011
N/A N/A(2009) N/A(2009) N/A
Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2011

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 70 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 15 out of 185 countries(2009)

Enforcing Contracts: 47 out of 185 countries

Registering Property: 11 out of 185 countries

Getting credit: 12 out of 185 countries

Protecting investors: 13 out of 185 countries

Trading across border: 174 out of 185 countries

Paying Taxes: 168 out of 185 countries

Dealing with Construction Permits: 67 out of 185 countries

Getting Electricity: 177 out of 185 countries

Resolving Insolvency: 155 out of 185 countries

(2013)

Global competitiveness ranking
(ranking by country on a basis of 144, the first is the best)
127

(2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 88 Score: 60.2 (Moderately Free) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zone UTC+6
Total area 199,951 km2 (2006)
Capital Bishkek (2009)
Currency soms (KGS) (2009)
Government type republic (2009)
Languages Kyrgyz 64.7% (official), Uzbek 13.6%, Russian 12.5% (official), Dungun 1%, other 8.2% (1999 census)
Religions Muslim 75%, Russian Orthodox 20%, other 5%
Total population
1980 1990 2000 2012* 2017**
N/A N/A 4.92 million 5.59 million 5.87 million

*Estimate    **Forecast

Urban population as % of total population
1960 1980 2000 2011
34.2% 38.6% 35.4% 35.4%
Population median age 24 years (2010)
Population growth rate 1.1% (2011)
Life expectancy 67 years (2010)
Adult literacy 99% (2005/2010)
% of population living on less than $2 a day 29.4% (2011)
Inequality of wealth distribution (Gini index)

36.19 (2009)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:5
Civil Liberties:5 (2011)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

113.73% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population 20% (Data were released in 2012 and refer to 2011)
Cost of living - Mercer index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Bishkek: 210th (2011)

CO2 emissions
(Metric tons of CO2 per capita)

1.2753 (Data were released in 2012 and refer to 2009)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST INTERNET BANKS

2010:
  • COUNTRY WINNERS / Best Consumer Internet Banks Asia Universal Bank (National, 2010)
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Asia Universal Bank (National, 2010)
2009:
  • COUNTRY WINNERS / Best Consumer Internet Banks Asia Universal Bank (National, 2009)
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Asia Universal Bank (National, 2009)

WORLD'S BEST EMERGING MARKET BANKS

2012:
  • COUNTRY WINNERS Demir Kyrgyz International Bank (National, 2012)
2011:
  • COUNTRY WINNERS Demir Kyrgyz (Middle East and Africa, 2011)
2010:
  • COUNTRY WINNERS Asia Universal Bank (National, 2010)
2009:
  • COUNTRY WINNERS Asia Universal Bank (National, 2009)
ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE