Asia > Kyrgyzstan > Economy

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Agriculture > products tobacco, cotton, potatoes, vegetables, grapes, fruits and berries; sheep, goats, cattle, wool
Aid as % of GDP	16.5%		[15th of 129]
Definition: Economy > Aid as % of GDP
Source: CIA World Factbook, 28 July 2005
Debt > External	$2,966,000,000.00		[107th of 136]
Definition: Economy > Debt > External
Source: calculated on the basis of data on ODA from OECD (Organisation for Economic Co-operation and Development), Development Assistance Committee. 2002. DAC Online. Database. Paris.; and data on GDP from World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC
Distribution of family income > Gini index	30.3		[32nd of 43]
Definition: Economy > Distribution of family income > Gini index
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008
Economic freedom	1.65		[111st of 156]
Definition: Economy > Economic freedom
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008
Economy > Overview Kyrgyzstan is a poor, mountainous country with a predominantly agricultural economy. Cotton, tobacco, wool, and meat are the main agricultural products, although only tobacco and cotton are exported in any quantity. Industrial exports include gold, mercury, uranium, natural gas, and electricity. Following independence, Kyrgyzstan was progressive in carrying out market reforms such as an improved regulatory system and land reform. Kyrgyzstan was the first Commonwealth of Independent States (CIS) country to be accepted into the World Trade Organization. Much of the government's stock in enterprises has been sold. Drops in production had been severe after the breakup of the Soviet Union in December 1991, but by mid-1995, production began to recover and exports began to increase. The economy is heavily weighted toward gold export and a drop in output at the main Kumtor gold mine sparked a 0.5% decline in GDP in 2002 and a 0.6% decline in 2005. GDP grew more than 6% in 2007, partly due to higher gold prices internationally. The government made steady strides in controlling its substantial fiscal deficit, nearly closing the gap between revenues and expenditures in 2006, before boosting expenditures more than 20% in 2007. The government and international financial institutions have been engaged in a comprehensive medium-term poverty reduction and economic growth strategy. In 2005, Bishkek agreed to pursue much-needed tax reform and, in 2006, became eligible for the heavily indebted poor countries (HIPC) initiative. Progress fighting corruption, further restructuring of domestic industry, and success in attracting foreign investment are keys to future growth.
Definition: Economy > Economy > Overview
Source: The Heritage Foundation
Exchange rates soms per US dollar - 42.65 (2004), 43.648 (2003), 46.937 (2002), 48.378 (2001), 47.704 (2000)
Definition: Economy > Exchange rates
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008
Exports	$1,337,000,000.00		[130th of 189]
Definition: Economy > Exports
Source: CIA World Factbook, 28 July 2005
GDP	$2,694,657,000.00		[131st of 203]
Definition: Economy > GDP
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008
GDP > PPP	$9,834,000,000.00		[124th of 163]
Definition: Economy > GDP > PPP
Source: World Development Indicators database and CIA World Factbook
GDP > Real growth rate	8.2%		[30th of 198]
Definition: Economy > GDP > Real growth rate
Source: World Bank. 2005. World Development Indicators 2005.
GDP growth > annual %	-0.6 annual %		[167th of 187]
Definition: Economy > GDP growth > annual %
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008
GINI index	30.31		[32nd of 40]
Definition: Economy > GINI index
Source: World Development Indicators database
Gross National Income	$1,380,570,000.00		[134th of 172]
Definition: Economy > Gross National Income
Source: World Development Indicators database
Human Development Index	0.702		[110th of 178]
Definition: Economy > Human Development Index
Income category	Low income
Definition: Economy > Income category
Source: Human Development Report 2006, United Nations Development Programme
Income distribution > Poorest 10%	3.2%		[27th of 114]
Definition: Economy > Income distribution > Poorest 10%
Source:
Income distribution > Richest 10%	27.2%		[77th of 114]
Definition: Economy > Income distribution > Richest 10%
Source: World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC
Population below poverty line	40%		[20th of 46]
Definition: Economy > Population below poverty line
Source: World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC
Research and development spending	0.2%		[57th of 69]
Definition: Economy > Research and development spending
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008

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