Kyrgyzstan’s GDP Reached $13.7bn In 2023

2023 Kyrgyzstan’s GDP grew by 6.2% last year to reach $13.7bn, a record high for the country, the chairman of the Cabinet of Ministers Akylbek Japarov announced at a government meeting on January 26th

Mr Japarov said that he believes the 6.2% figure for 2023 will be higher after the economic data for 2023 is updated and finalized. 

The head of the cabinet commented that to achieve a GDP of $30bn by 2030, Kyrgyzstan needs to ensure an annual growth rate of 9%-11.5%, and to reach the $200bn mark by 2050, the growth rate needs to average 10.3% per year. “It is difficult to maintain this pace, but we can achieve it,” said Japarov, adding that the government’s priority task is to create new jobs.

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Times of Central Asia

Jonathan Campion has worked in the Eurasia region since 2007. After leaving Exeter University with a degree in Russian Language, he worked as a writer, editor, analyst and translator for international law firms, market research firms and business forums serving the CIS region's major industries, from banking and finance, to metals and pharmaceuticals, and wine and spirits. With a passion for Central Asia, he has covered the region in esteemed publications such as the Lonely Planet, Open Central Asia magazine, and National Geographic Traveler.
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He has translated books and poems from the region into English, and will be publishing his first book, about a sports team that saved lives at the start of Russia-Ukraine war, in April of 2024.

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