Kyrgyz Republic Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Kyrgyz Republic's budget deficit was -2.47% in 2025, ranked 77th globally. This represents a 232.1% decrease from 2024. Data from IMF WEO, covering 1995–2025.
Overview
Kyrgyz Republic's budget deficit stood at -2.47% in 2025, a decline of +4.34% from 2024. The IMF projects -2.47% by 2025. Kyrgyz Republic ranked 77th globally.
Kyrgyz Republic’s primary fiscal balance has narrowed sharply from an early‑year deficit of –13.52 % of GDP in 1995 to a modest shortfall of –2.47 % in 2025, placing it 77th globally. The most expansive gap between revenue and spending occurred in 2008, when the budget swung into a surplus of 1.92 % of GDP, before plunging to an all‑time trough of –13.53 % in 1999. Over the 31‑year series, the Republic has moved from deep deficits in the post‑Soviet transition to a relatively restrained gap that aligns closely with peers such as Bosnia and Herzegovina (–2.47 % in 2025) and Kazakhstan (–2.45 %). This improvement reflects gradual tax reforms, tighter expenditure controls, and modest growth in public revenues. Maintaining fiscal discipline while broadening the tax base will be crucial for keeping the deficit below the –3 % threshold and preventing a reversal of the recent downward trajectory.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -2.69% | - | - |
| 2029* IMF | -2.31% | - | - |
| 2028* IMF | -2.65% | - | - |
| 2027* IMF | -3.24% | - | - |
| 2026* IMF | -2.34% | - | - |
| 2025* IMF | -2.47% | - | - |
| 2025 | -2.47% | −4.34% | #77 |
| 2024 | 1.87% | +0.28% | #166 |
| 2023 | 1.59% | +1.88% | #165 |
| 2022 | -0.29% | +0.41% | #137 |
| 2021 | -0.71% | +2.36% | #155 |
| 2020 | -3.06% | −2.99% | #146 |
| 2019 | -0.07% | +0.52% | #133 |
| 2018 | -0.59% | +3.14% | #124 |
| 2017 | -3.73% | +2.06% | #55 |
| 2016 | -5.79% | −3.27% | #36 |
| 2015 | -2.52% | +0.55% | #105 |
| 2014 | -3.07% | +0.63% | #82 |
| 2013 | -3.70% | +2.16% | #66 |
| 2012 | -5.86% | −1.16% | #33 |
| 2011 | -4.71% | +1.24% | #46 |
Detected Pattern
Analysis
Kyrgyz Republic matched the Fiscal Dominance Trap pattern in 2023. Historically, 72% of countries showing this pattern (278 out of 386) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Kyrgyz Republic's budget deficit was -2.47% in 2025. Ranked 77th globally. This represents a 232.1% decrease from the previous year.
Kyrgyz Republic's budget deficit peaked at 1.92% in 2008.
The lowest budget deficit in Kyrgyz Republic was -13.53% in 1999.
Kyrgyz Republic ranks 77th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Kyrgyz Republic's budget deficit is projected to reach -2.47% by 2025 based on IMF projection.
The budget deficit of Kyrgyz Republic in 2025 was -2.47%. This ranks 77th in the world.
Cite this page
@misc{historysaid_kyrgyz-republic_budget-deficit,
title = {Kyrgyz Republic Budget Deficit},
url = {https://historysaid.com/kyrgyz-republic/budget-deficit/},
publisher = {HistorySaid},
year = {2026}
}