Kyrgyzstan’s Economic Growth in 2025 Comes Amid Rising Inflation

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According to preliminary estimates, Kyrgyzstan’s gross domestic product for January–October 2025 amounted to 1.6286 trillion soms (about $18.3 billion), marking a 10.2% increase compared with the same period in 2024. This was reported by representatives of the National Statistical Committee of Kyrgyzstan, according to 24.kg.

At the same time, economic growth has remained stable in dynamics: over the first ten months of the year, GDP growth stood at around 10%. In the structure of GDP, the services sector accounted for the largest share at 49.6%. Goods-producing industries made up 35.4%, while net taxes on products contributed the remaining 15%.

Industrial production made a significant contribution to overall economic growth. According to the National Statistical Committee, the main drivers were the pharmaceutical industry, where output increased by 1.9 times, as well as the production of rubber and plastic goods and construction materials, which rose by 34.5%. Substantial growth was also recorded in the production of wood and paper products and in printing activities, up by 33.7%.

Despite the economic expansion, inflationary pressures persist in the country. Consumer prices and tariffs increased by 8.3% in January–November 2025 compared with December 2024. The sharpest rise was recorded in services provided to the population, which increased by 9.1%. Prices for food products and non-alcoholic beverages rose by 8.9%, alcoholic beverages and tobacco products by 7.9%, and non-food goods by 7%.

Remittances from labor migrants remain an important factor supporting domestic demand. According to the National Bank of Kyrgyzstan, the total volume of money transfers to the country in October 2025 amounted to $340.5 million. The bulk of inflows came from CIS countries, totaling $321.6 million, while $18.9 million was received from non-CIS countries.

At the same time, the volume of remittances sent from Kyrgyzstan in October amounted to $32.5 million. Of this amount, $29.5 million was transferred to CIS countries and $3 million to non-CIS destinations.

Overall, macroeconomic indicators for the first ten to eleven months of 2025 point to the preservation of solid economic growth in Kyrgyzstan alongside strengthening inflationary risks, which pose key challenges for economic policy in the short term.

CentralasianLIGHT.org
December 15, 2025