Home → Kyrgyz Republic → Trade → Current Account Balance

Kyrgyz Republic Current Account Balance

Current account balance as % of GDP  BN.CAB.XOKA.GD.ZS

Kyrgyz Republic's current account balance was -8.38% in 2025, ranked 161st globally. This represents a 66.9% increase from 2024. Data from World Bank, covering 1992–2025.

-8.38% +16.92% (+66.9%)
Year 2025 Rank #161 Global Peak 4.53% (2020) Source World Bank

Kyrgyz Republic Current Account Balance (1992–2025)

Overview

Kyrgyz Republic's current account balance stood at -8.38% in 2025, a rise of +16.92% from 2024. The IMF projects -8.38% by 2025. Kyrgyz Republic ranked 161st globally.

Kyrgyzstan’s current‑account balance has swung markedly over the 34‑year record, moving from a deficit of ‑5.75 percent of GDP in 1992 to a modest surplus of 4.53 percent in 2020, before plunging to an all‑time trough of ‑44.92 percent in 2023. The latest figure for 2025 shows a deficit of ‑8.38 percent, placing the country 161st globally and aligning it closely with peers such as Senegal (‑8.03) and Cyprus (‑8.46). The 2020 peak reflected a brief export‑driven upswing and restrained import growth, while the 2023 trough coincided with a sharp decline in commodity prices and heightened external debt servicing. The subsequent moderation to ‑8.38 percent suggests a partial recovery, driven by modest export gains and limited fiscal tightening. Continued diversification of export markets and improved terms of trade will be essential to shift the balance back into surplus and sustain a more positive trajectory.

Data & projection

Year Current Account Balance YoY change Rank
2030* IMF -6.16% - -
2029* IMF -6.45% - -
2028* IMF -6.89% - -
2027* IMF -7.09% - -
2026* IMF -7.69% - -
2025* IMF -8.38% - -
2025 -8.38% +16.92% #161
2024 -25.29% +19.63% #2
2023 -44.92% −3.00% #2
2022 -42.68% −34.70% #2
2021 -7.98% −12.49% #43
2020 4.53% +15.98% #167
2019 -11.38% +0.67% #23
2018 -11.63% −5.43% #24
2017 -6.95% +4.67% #47
2016 -11.63% +4.22% #25
2015 -15.76% +1.24% #14
2014 -17.42% −3.57% #11
2013 -13.78% +1.68% #22
2012 -15.53% −7.79% #19
2011 -7.70% −1.08% #57
Show all years (1992-2025)
* IMF World Economic Outlook projection

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 10.8% Real rate -0.6%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Kyrgyz Republic matched the Fiscal Dominance Trap pattern in 2023. Historically, 72% of countries showing this pattern (278 out of 386) saw current account balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is Kyrgyz Republic's current account balance?▾

Kyrgyz Republic's current account balance was -8.38% in 2025. Ranked 161st globally. This represents a 66.9% increase from the previous year.

What was the highest current account balance in Kyrgyz Republic?▾

Kyrgyz Republic's current account balance peaked at 4.53% in 2020.

What was the lowest current account balance in Kyrgyz Republic?▾

The lowest current account balance in Kyrgyz Republic was -44.92% in 2023.

How does Kyrgyz Republic rank in current account balance?▾

Kyrgyz Republic ranks 161st globally in current account balance as of 2025.

What is the World Bank indicator code for current account balance?▾

The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.

What is the projected current account balance of Kyrgyz Republic in 2025?▾

Kyrgyz Republic's current account balance is projected to reach -8.38% by 2025 based on IMF projection.

What is the current account balance of Kyrgyz Republic in 2025?▾

The current account balance of Kyrgyz Republic in 2025 was -8.38%. This ranks 161st in the world.

Cite this page

APA
Kyrgyz Republic Current Account Balance. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/kyrgyz-republic/current-account/
BibTeX
@misc{historysaid_kyrgyz-republic_current-account, title = {Kyrgyz Republic Current Account Balance}, url = {https://historysaid.com/kyrgyz-republic/current-account/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub