Current Account in Kyrgyzstan

Kyrgyzstan Current Account | Economic News & Forecasts

Kyrgyzstan - Current Account

Preliminary national accounts data shows that the economy lost steam in 2018, with annual growth at 3.5% (2017: 4.7%). Slower gold production at the all-important Kumtor mine in the first nine months of the year, amid a logjam over environmental regulation, likely led the deceleration. In addition to faltering output, a slump in the price of the raw-material weighed further on external gains, with exports flagging in the January–November period. That said, officials seem to have come closer to agreeing to extend the mine’s license in the fourth-quarter. Meanwhile, mining reported a rebound in the latter stages of the year, possibly reflecting consequent upbeat optimism in the sector.

Kyrgyzstan - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-14.1  -18.6  -18.7  -11.5  -3.1  

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Kyrgyzstan Current Account Chart


Kyrgyzstan Current Account
Note: Current account balance as % of GDP.

Kyrgyzstan Facts

ValueChangeDate
Exchange Rate69.780.0 %Feb 14
Stock Market0.10.0 %Nov 26

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