Kyrgyzstan's economy will maintain high growth rates over the next two years. According to the Asian Development Bank (ADB)'s September review, the country's GDP could grow by 8.9% in 2026 and by another 8.4% in 2027, 24.kg reported.
The ADB estimates that these figures will be the highest among countries in the Caucasus, Central Asia, and West Asia. For comparison, Uzbekistan's economic growth is projected at 7% in 2026 and 6.8% in 2027. For Tajikistan, the forecasts are 7% and 6.8%, respectively.
At the same time, the ADB's September review did not change its previous estimates for Kyrgyzstan. The bank maintained its forecasts, attributing the sustainable economic dynamics primarily to strong domestic demand, remittances, and investments implemented under the National Development Program through 2030.
However, high economic growth rates are accompanied by persistent inflationary pressure. The ADB expects inflation to reach 11.2% in 2026 and 8.5% in 2027.
The bank cites external geopolitical instability, potential energy price increases, and disruptions in global supply chains as key risks to the economy.
High growth rates create opportunities for increased economic activity, investment, and government revenues. This could expand opportunities for infrastructure and social projects.
At the same time, GDP growth is accompanied by high inflation. Therefore, it is important for the government not only to maintain economic momentum but also to curb price increases, improve investment efficiency, and reduce the economy's dependence on external risks.
Thus, the ADB forecast points to strong economic momentum in Kyrgyzstan, but simultaneously emphasizes the need to ensure this growth is sustainable and balanced.
CentralasianLIGHT.org
September 23, 2026