The Eurasian Development Bank (EDB) has revised its GDP growth forecast for Kyrgyzstan, projecting a 10.3% increase by the end of 2025. This updated estimate, outlined in the EDB’s macroeconomic outlook for 2025–2027, represents a 1.6% upward adjustment compared to earlier projections, 24.kg reports.
The revision is attributed to rising global gold prices, increased household consumption, and strong investment demand. According to the EDB, Kyrgyzstan is currently receiving the largest share of regional investment from international financial institutions, primarily in the form of concessional loans and grants. These funds are directed mainly toward transport infrastructure and water supply systems.
The EDB forecasts inflation in Kyrgyzstan to remain near its target level—approximately 7.3% by the end of the year. The som is expected to remain stable for the remainder of 2025, averaging 87.5 soms per U.S. dollar. This stability will be supported by higher export earnings due to favorable gold prices and a slowdown in import growth.
Across Central Asia, economic performance remains strong. According to the report, regional GDP growth averaged 6.5% over the first five months of 2025. The EDB expects this momentum to continue, fueled by domestic drivers such as infrastructure and industrial investments and rising consumer demand linked to growing household incomes.
For the region overall, GDP growth in 2025 is expected to reach 2.7% based on the bank’s operations, while inflation is projected to ease to 7.7%, down from 8.8% in 2024.
Other 2025 GDP growth projections from the EDB include:
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Armenia: 5.5%
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Belarus: 3%
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Kazakhstan: 5.5%
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Russia: 2%
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Tajikistan: 8.4%
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Uzbekistan: 6.5% (first EDB forecast for the country)
CentralasianLIGHT.org
24 June 2025