Kyrgyz Republic External Debt
Total external debt stocks DT.DOD.DECT.CD
Kyrgyz Republic's external debt was $12.0B in 2025, ranked 65th globally. This represents a 2.7% increase from 2024. Data from World Bank, covering 1992–2025.
Overview
Kyrgyz Republic's external debt stood at $12.0B in 2025, a rise of +$318.9M from 2024. Based on recent trends, this figure is projected to reach $12.0B by 2025. Kyrgyz Republic ranked 65th globally.
Kyrgyz Republic’s external debt has risen dramatically over the 34‑year series, expanding from a modest 5,527,412.00 in 1992 to an all‑time peak of 12,008,811,259.71 in 2025, placing the country at rank 65 globally. The steep upward trajectory reflects successive borrowing cycles tied to infrastructure projects and balance‑of‑payments pressures, with the debt stock more than doubling since the early 1990s. Compared with peers of similar ranking, Kyrgyz Republic’s liability is slightly lower than Azerbaijan’s 12,234,412,684.75 and Papua New Guinea’s 12,756,535,969.21, yet higher than Iran’s 11,357,703,713.82, indicating a competitive but still substantial burden within the regional cohort. The rapid accumulation suggests that future debt dynamics will hinge on the government’s capacity to attract concessional financing, improve export earnings, and implement fiscal consolidation; without such adjustments, the upward trend is likely to persist.
Data & projection
| Year | External Debt | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $13.4B | - | - |
| 2026* trend | $12.7B | - | - |
| 2025* trend | $12.0B | - | - |
| 2025 | $12.0B | +$318.9M | #65 |
| 2024 | $11.7B | +$1.5B | #55 |
| 2023 | $10.2B | +$422.2M | #52 |
| 2022 | $9.7B | +$685.2M | #53 |
| 2021 | $9.1B | +$385.0M | #50 |
| 2020 | $8.7B | +$221.3M | #55 |
| 2019 | $8.5B | +$290.6M | #56 |
| 2018 | $8.2B | +$34.5M | #56 |
| 2017 | $8.1B | +$155.6M | #55 |
| 2016 | $8.0B | +$253.5M | #58 |
| 2015 | $7.7B | +$435.0M | #59 |
| 2014 | $7.3B | +$470.0M | #55 |
| 2013 | $6.8B | +$779.4M | #54 |
| 2012 | $6.0B | +$542.6M | #54 |
| 2011 | $5.5B | +$1.4B | #55 |
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 external debt improve within 24 months. View full analysis →
Frequently Asked Questions
Kyrgyz Republic's external debt was $12.0B in 2025. Ranked 65th globally. This represents a 2.7% increase from the previous year.
Kyrgyz Republic's external debt peaked at $12.0B in 2025.
The lowest external debt in Kyrgyz Republic was $5.5M in 1992.
Kyrgyz Republic ranks 65th globally in external debt as of 2025.
The World Bank indicator code is DT.DOD.DECT.CD. Data sourced from World Bank.
Kyrgyz Republic's external debt is projected to reach $12.0B by 2025 based on trend extrapolation.
Kyrgyz Republic's external debt was approximately 12.01 billion ($12.0B) in 2025.
The external debt of Kyrgyz Republic in 2025 was $12.0B. This ranks 65th in the world.
Cite this page
@misc{historysaid_kyrgyz-republic_external-debt,
title = {Kyrgyz Republic External Debt},
url = {https://historysaid.com/kyrgyz-republic/external-debt/},
publisher = {HistorySaid},
year = {2026}
}