GDP, current $ billion
GDP per capita, current $
Life Expectancy at Birth, years
The Kyrgyz Republic is a land-locked, lower-middle-income country in Central Asia that has abundant natural resources and potential for the expansion of its hydroelectricity production, agriculture sector, and tourism industry.
Since gaining independence in 1991, the Kyrgyz Republic has experienced political instability, with several political upheavals leading to the overthrow of presidents in 2005, 2010, and 2020. In the latest presidential election in 2021, Sadyr Japarov was elected with 79% of the vote. The political situation has stabilized, and the presidential form of government has been consolidated. The latest parliamentary election took place in November 2021.
To achieve strong and sustainable economic growth, the Kyrgyz Republic needs to implement institutional and structural reforms to improve the environment for private sector development and job creation, spur international trade, and encourage fiscally sustainable energy production. By addressing these key areas, the Kyrgyz Republic can enhance its economic resilience, nurture domestic drivers of growth and reduce dependence on remittances and other external factors and foster sustainable growth for the benefit of its people.