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🇰🇬 Kyrgyzstan /Economy & Trade

EDB: Kyrgyzstan’s economy could grow 10.2% by the end of 2026

From 24.kg · () Russian

Translated from Russian and summarized by DistantNews. Read the original for the full story.

At a glance

News Documents & data Context piece
  • The Eurasian Development Bank forecasts Kyrgyzstan’s economy will grow 10.2% by the end of 2026, the highest rate among the regional countries it reviewed.
  • The bank identifies industrial and energy investment, along with residential construction, as the main growth drivers.
  • It also expects inflation to reach 11.5% and the average exchange rate to stand at about 88 soms per dollar in 2026.

Kyrgyzstan could record economic growth of 10.2% by the end of 2026, according to the Eurasian Development Bank’s June macroeconomic outlook. That would leave the country ahead of the other regional economies included in the forecast.

The bank’s analysts point to investment in industry and the energy sector, as well as residential construction, as the main forces behind the expansion. The rapid pace, however, is expected to come with elevated inflation.

EDB forecasts inflation will reach 11.5% by the end of 2026. It puts the average exchange rate of Kyrgyzstan’s national currency at around 88 soms per dollar for the year.

The bank projects GDP growth of 5.5% for Kazakhstan, 7.9% for Uzbekistan, 8.3% for Tajikistan and 6% for Armenia. Against those figures, Kyrgyzstan’s projected 10.2% remains the highest among the countries under review.

About this summary

Originally published by 24.kg in Russian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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