• KGS/USD = 0.01143 0%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.10390 -0.86%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.10390 -0.86%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.10390 -0.86%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.10390 -0.86%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.10390 -0.86%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.10390 -0.86%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.10390 -0.86%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.10390 -0.86%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
16 June 2025

Kyrgyzstan Sees Notable Drop in Poverty Rate

@iStock

Kyrgyzstan’s national poverty rate dropped to 25.7% in 2024, marking a 4.1% decrease from the previous year, according to new data released by the National Statistical Committee of the Kyrgyz Republic.

In 2023, approximately 1.871 million people in the country lived below the poverty line, with nearly 62% residing in rural areas. For 2024, the poverty threshold was set at 65,417 Kyrgyz soms (around USD 748) per capita annually. The extreme poverty line was defined at 41,349 soms (approximately USD 472).

As of January 2025, Kyrgyzstan’s population stood at 7.3 million.

Many Kyrgyz households, particularly in rural communities, depend on remittances from family members working abroad, primarily in Russia. According to The Times of Central Asia, around 600,000 Kyrgyz nationals currently live outside the country, with Russia remaining the primary destination. By the end of 2024, over 379,000 Kyrgyz citizens were registered with Russia’s migration authorities.

A recent World Bank report on migration trends in Europe and Central Asia highlighted the significant economic impact of these remittances. In 2024, remittances accounted for approximately 24% of Kyrgyzstan’s GDP. The report also found that the poverty rate among households with a family member working abroad was under 10% but would exceed 50% without these external income flows.

In a related development, China pledged USD 3.7 billion in assistance to Central Asian countries, including Kyrgyzstan, to support poverty alleviation initiatives. The commitment was announced by Chinese President Xi Jinping at the inaugural China-Central Asia Summit, held in May 2023 in the city of Xi’an.

Xi stated that China would develop a plan for scientific and technological cooperation with Central Asia in the area of poverty reduction and encourage Chinese companies operating in the region to generate more employment opportunities.

Sergey Kwan

Sergey Kwan

Sergey Kwan has worked for The Times of Central Asia as a journalist, translator and editor since its foundation in March 1999. Prior to this, from 1996-1997, he worked as a translator at The Kyrgyzstan Chronicle, and from 1997-1999, as a translator at The Central Asian Post.
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Kwan studied at the Bishkek Polytechnic Institute from 1990-1994, before completing his training in print journalism in Denmark.

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