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.
