Slight Slowdown in Growth
According to Choro Seyitov, the First Deputy Minister of Economy and Commerce, this year the economic growth rate is expected to be at 8.5–8.6%. Authorities are counting on an increase in production volumes in sectors such as building materials, pharmaceuticals, light industry, and automotive manufacturing.Seyitov also noted that by 2030, the country's GDP could reach 30 billion dollars. In 2025, the gross domestic product was about 2 trillion soms (approximately 22.5 billion dollars), and GDP per capita was around 3,000 dollars compared to 2,500 dollars in 2024.
Is Price Growth Expected?
According to data from Bakytbek Shokenov, Deputy Chairman of the National Statistics Committee, consumer prices and tariffs in Kyrgyzstan increased by 1.9% in January and February 2026 compared to December 2025.Tariffs for services to the population rose by 3.6%, alcoholic beverages and tobacco products became 2.2% more expensive, while prices for food and non-alcoholic beverages increased by 2.1%. The smallest price growth was observed for non-food goods - 0.4%.
The most noticeable price increases occurred for fresh vegetables and fruits, dairy products, potatoes, and meat products.
However, more significant price growth is expected in the coming months, especially for fuel and lubricants, as well as for vegetables and fruits. Political scientist Sheradil Baktygulov noted that despite temporary difficulties in the economy, there is a risk that entrepreneurs will begin to raise prices, citing current conflicts.
“As a result, there may be speculative price increases for certain goods. Since entrepreneurs do not have diversified supplies, they may set high margins to cover losses, which will further increase inflation,” he noted.
Choro Seyitov assured that the authorities will not allow a shortage of fuel and lubricants. “We have analyzed the risks associated with the situation in the Middle East. The main supplier is Russia, and we have quotas for the supply of fuel and lubricants that will be adhered to,” he added.
At the same time, he did not comment on price forecasts but reported the introduction of a maximum price for diesel fuel for farmers in connection with spring fieldwork.
Additional risks for the agricultural sector may arise from problems with fertilizer supplies in the global market. According to the Financial Times, there is a reduction in urea production in the Middle East due to a gas shortage, which may affect fertilizer prices in Kyrgyzstan.
Despite the fact that Kyrgyzstan imports significant volumes of nitrogen fertilizers from Russia, Uzbekistan, and Kazakhstan, a possible price increase from major suppliers may reflect on the domestic market.
Increase in Imports
The foreign trade turnover of Kyrgyzstan in January 2026 amounted to 1 billion dollars, which is 2% more compared to January 2025.Trade with EAEU participants amounted to 396.8 million dollars, increasing by 11.3%. The main share was accounted for by Russia (68.6%) and Kazakhstan (29%).
