BISHKEK - The total gross inflow of remittances to Kyrgyzstan by the end of 2025 amounted to $3.5 billion, a 16.8% increase compared to the previous year, according to Sanjar Esenov, Chief Specialist of the Balance of Payments and External Debt Department of the National Bank of the Kyrgyz Republic, Vesti.kg reports.
According to him, the increase in remittances reflects the recovery of economic activity among migrant workers and the stable demand for labor abroad. Remittances traditionally remain one of the key sources of foreign currency inflow into the country and play a significant role in supporting domestic consumption and the balance of payments.
Russia remains the main source of income, accounting for over 90% of all remittances. A significantly smaller share, approximately 3.1%, comes from the United States. This structure demonstrates Kyrgyzstan's high dependence on the economic situation in donor countries, particularly the Russian labor market.
At the same time, the volume of transfers from Kyrgyzstan abroad amounted to approximately $400 million, an increase of 16.2% year-on-year. The majority of funds were sent to Russia (88%) and Turkey (approximately 8%).
Experts note that the continued growth of cross-border transfers strengthens the financial resilience of households, but also highlights the country's economy's dependence on external factors, including migration flows and currency fluctuations.
CentralasianLIGHT.org
April 17, 2026