Eurasian Development Bank forecasts 10.2% growth for Kyrgyzstan in 2026

Kyrgyzstan could record economic growth of 10.2% in 2026 and retain the fastest pace among the regional economies covered by the Eurasian Development Bank, according to the bank’s June macroeconomic review.

The bank’s analysts identified investment in industry and energy, along with housing construction, as the main drivers of growth. The rapid expansion, however, is expected to come with elevated inflation, which the bank forecasts will reach 11.5% by the end of 2026.

The average exchange rate for the national currency is projected at about 88 soms to the dollar. The bank forecasts growth of 5.5% for Kazakhstan, 7.9% for Uzbekistan, 8.3% for Tajikistan and 6% for Armenia. Kyrgyzstan’s projected 10.2% therefore remains the highest among the countries considered.