Economy of Kyrgyzstan - Macro-economic Trend

Macro-economic Trend

This is a chart of trend of gross domestic product of Kyrgyzstan at market prices estimated by the International Monetary Fund and EconStats with figures in millions of Kyrgyzstani Soms.

For purchasing power parity comparisons, the US Dollar is exchanged at 9.40 Soms only.

Current GDP per capita of Kyrgyzstan shrank by 54% in the Nineties. Mean wages were $0.85 per manhour in 2009. In the first half of 2012, Kyrgyz economy shrank by 5.8%. The downturn is mainly in the industry due to decline in gold production at the Kumtor mine.

The budget deficit in mid 2012 was 23-billion soms and accounted for 7% of GDP while the target was to reduce it to 6%.