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Kyrgyzstan GDP nearly triples to $22.6 billion in five years, minister says

1 min
Kyrgyzstan GDP nearly triples to $22.6 billion in five years, minister says

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Kyrgyzstan's GDP grew from about $8.3 billion in 2020 to more than $22.6 billion by the end of 2025, Economy Minister Daniyar Amangeldiev said at a conference marking the 10th anniversary of the Guarantee Fund. Average annual economic growth over the past four years reached 10.2%. Tax revenues rose about fourfold and customs revenues sixfold over the five-year period.

Key Facts

  • Kyrgyzstan's GDP rose from about $8.3 billion in 2020 to more than $22.6 billion by the end of 2025.
  • Average annual economic growth over the past four years was 10.2%.
  • Tax revenues grew about fourfold and customs revenues sixfold over the five-year period.
  • Consolidated budget resources increased from 313 billion soms in 2021 to 1.1 trillion soms by the end of 2025.

Economic Expansion

Economy Minister Daniyar Amangeldiev presented the figures at an international conference marking the 10th anniversary of the Guarantee Fund. The near threefold increase in the economy over five years has changed the scale of tasks facing the financial system, Amangeldiev said. The number of enterprises and investment projects is growing, and businesses need more funds for modernization, expansion, new markets, and technology adoption.

Fiscal Performance

Tax revenues rose about fourfold and customs revenues sixfold over the five-year period. Consolidated budget resources increased from 313 billion soms in 2021 to 1.1 trillion soms by the end of 2025. Economic growth is continuing in the current year, Amangeldiev said.

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