Kyrgyzstan's GDP could exceed 2 trillion soms by end of year - Cabinet

Kyrgyzstan's gross domestic product is on track to exceed 2 trillion soms by the end of 2026, Chairman of the Cabinet of Ministers Adylbek Kasymaliev announced. Preliminary figures show the economy has already surpassed 1.9 trillion soms, with official data to be updated in the fall.

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I am confident that we will exceed 2 trillion soms.

Kasymaliev expressed confidence in reaching the 2 trillion som mark, but also reflected on past missed opportunities. He stated that previous leaders' failure to combat corruption and prevent family interests from influencing governance hindered greater development. This environment led some foreign investors to relocate projects, such as a car assembly plant, to neighboring countries.

However, Kasymaliev highlighted a turnaround in the last four to five years, citing the decisive action to bring the Kumtor gold mine under Kyrgyzstan's full control as a key achievement. He also pointed to the country's election to the UN Security Council and its removal from the European Union's aviation blacklist as indicators of improved international standing. These successes, he noted, required extensive negotiations and infrastructure upgrades.

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Previously, we were convinced that Kyrgyzstan would lose the case in the international courts. However, thanks to the president’s decisiveness, we were able to reach an agreement, and the country retained its largest gold mining enterprise.

To attract further investment, Kasymaliev stressed the importance of stability, clear legislation, and a favorable tax policy, emphasizing that the government must actively seek out investors. He also noted strong economic growth in the first half of 2026, with GDP reaching 960 billion soms, an 11.9 percent increase year-on-year.

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Investors do not come looking for us. We must go and seek investors.