Kyrgyzstan GDP (Gross Domestic Product)

Kyrgyzstan country overview

Before we start to discuss Kyrgyzstan GDP, first we see the Kyrgyzstan country overview. Kyrgyzstan is officially called the Kyrgyz Republic.

It is a landlocked country located in Central Asia. Bishkek is the capital and largest city of Kyrgyzstan. Its official language is Kyrgyz. Its other official language is Russian.

When we talk about its Ethnic groups, 73% Kyrgyz, 15% Uzbek and other ethnic groups related to peoples who live in Kyrgyzstan. In religion, 90% Islam, 7% Christianity and 4% others.

When we talk about its government system, so its government system is the Unitary presidential constitutional republic. Its president name is Sadyr Japarov.

Its total land area is 199,950 km2. Its land area rank is 85th in the world. Kyrgyzstan’s total population is 6,586,900 in the year 2020. Its population rank is 110th in the world.

Its population density is 27 / km2 which is considered the very low population density in the world. Its population density rank is 127th in the world.

Kyrgyzstan Economy

Kyrgyzstan’s currency is called the Kyrgyz som (KGS). Kyrgyzstan economy is normally called the developing and emerging economy and also the lower-middle-income economy country.

The inflation rate in Kyrgyzstan is 10.5% in the year 2020. 22% of the population of Kyrgyzstan is living below the poverty line. Its HDI rate is 0.674 in the year 2018. Its HDI rank is 122nd in the world.

The unemployment rate in Kyrgyzstan is 6.5% in the year 2018. Its gross external debt is $8 billion in the year 2017.

Kyrgyzstan GDP

Its total GDP is $8.6 billion (nominal) and $25 billion (PPP) in the year 2020. Its GDP rank is 142nd (nominal) and 138th (PPP) in the year 2020. Its GDP growth rate is 5.5% in the year 2021.

Its GDP per capita is $1,510 (nominal) and $5,500 (PPP) in the year 2020. Kyrgyzstan’s GDP per capita rank is 155th (nominal) and 144th (PPP) in the year 2019.

When we talk about its GDP by sector, so agriculture by 15%, industry by 32% and services are 55% in the year 2017.

Exports

Kyrgyzstan’s total exports are $1.9 billion in the year 2017. Its main export goods are Agriculture, fuels, food products and others. Its main export partners are the UK, Russia, Turkey, China and others.

Imports

Its total imports are $4 billion in the year 2017. Its main import goods are Food products, fuels, machinery and others. Its main import partners are China, Russia, UAE, Germany and others.

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