BISHKEK - Kyrgyzstan's economy continues to demonstrate high growth rates. From January to May 2026, the country's gross domestic product increased by 12.2% compared to the same period last year, reaching 781.1 billion soms ($9.93 billion), according to preliminary estimates from the National Statistical Committee of Kyrgyzstan, Akchabar.kg reports.
The industrial sector remains a key driver of economic growth. Over the first five months, industrial production increased by 14.4% to 374.4 billion soms. The most notable growth was seen in chemical production, pharmaceuticals, construction materials, petroleum products, and vehicles.
Construction and domestic demand further contributed to the economic expansion. Construction volume increased by 1.6 times, trade grew by 10.4%, and agriculture by 3.7%.
At the same time, the growth in economic activity is accompanied by inflationary pressure. Since the beginning of the year, consumer prices have increased by 4.8%. The most significant price increases were for consumer services, as well as alcohol and tobacco products. The highest price increase was recorded in the Osh region – 10.3%.
Against the backdrop of domestic growth, foreign trade indicators remain less stable. In January–April, Kyrgyzstan's foreign and mutual trade volume decreased by 3.6% to $4.76 billion. Trade with the EAEU countries decreased by 1.8%: exports decreased by 11.7%, while imports increased by 1%.
At the same time, international analysts maintain a positive outlook for the country. According to the Eurasian Development Bank, Kyrgyzstan's economy will grow by 10.2% in 2026 – the highest growth rate among the EADB member states. Experts attribute this growth to increased investment in industry, energy, and housing construction.
According to the bank's forecast, the Central Asian economy as a whole will expand by more than 6.5%, and the region's total economic output will exceed $600 billion for the first time. However, among the main external risks, analysts highlight ongoing instability in the Persian Gulf, which could increase inflationary pressure in energy-importing countries, including Kyrgyzstan.
CentralasianLIGHT.org
June 15, 2026