| KYRGYZSTANI ECONOMY STATS: |
| Top Stats |
| | All Stats |
|
|
|
| |
|
|
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 |
|
Debt > External
|
$2,966,000,000.00 |
|
[107th of 136]
|
|
Definition: Economy > Debt > External |
|
Distribution of family income > Gini index
|
30.3 |
|
[32nd of 43]
|
|
Definition: Economy > Distribution of family income > Gini index |
|
Economic freedom
|
1.65 |
|
[111st of 156]
|
|
Definition: Economy > Economic freedom |
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 |
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 |
|
Exports
|
$1,337,000,000.00 |
|
[130th of 189]
|
|
Definition: Economy > Exports |
|
GDP
|
$2,694,657,000.00 |
|
[131st of 203]
|
|
Definition: Economy > GDP |
|
GDP > PPP
|
$9,834,000,000.00 |
|
[124th of 163]
|
|
Definition: Economy > GDP > PPP |
|
GDP > Real growth rate
|
8.2% |
|
[30th of 198]
|
|
Definition: Economy > GDP > Real growth rate |
|
GDP growth > annual %
|
-0.6 annual %
|
|
[167th of 187]
|
|
Definition: Economy > GDP growth > annual % |
|
GINI index
|
30.31
|
|
[32nd of 40]
|
|
Definition: Economy > GINI index |
|
Gross National Income
|
$1,380,570,000.00 |
|
[134th of 172]
|
|
Definition: Economy > Gross National Income |
|
Human Development Index
|
0.702 |
|
[110th of 178]
|
|
Definition: Economy > Human Development Index |
|
Income category
|
Low income |
|
|
|
Definition: Economy > Income category |
|
Income distribution > Poorest 10%
|
3.2% |
|
[27th of 114]
|
|
Definition: Economy > Income distribution > Poorest 10% |
|
Income distribution > Richest 10%
|
27.2% |
|
[77th of 114]
|
|
Definition: Economy > Income distribution > Richest 10% |
|
Population below poverty line
|
40% |
|
[20th of 46]
|
|
Definition: Economy > Population below poverty line |
|
Research and development spending
|
0.2% |
|
[57th of 69]
|
|
Definition: Economy > Research and development spending |
del.icio.us
Feeds |
Contact