Kyrgyzstan recorded a Current Account deficit of 8.70 percent of the country's Gross Domestic Product in 2018.

Current Account to GDP in Kyrgyzstan averaged -11.28 percent from 2008 until 2018, reaching an all time high of -4 percent in 2009 and a record low of -17.20 percent in 2014. This page provides - Kyrgyzstan Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kyrgyzstan Current Account to GDP - values, historical data and charts - was last updated on August of 2020.

Current Account to GDP in Kyrgyzstan is expected to reach -8.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kyrgyzstan Current Account to GDP is projected to trend around -7.50 percent in 2021, according to our econometric models.

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Kyrgyzstan Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-8.70 -6.20 -4.00 -17.20 2008 - 2018 percent Yearly

Kyrgyzstan Trade Last Previous Highest Lowest Unit
Balance of Trade -90.70 -10.30 31.40 -458.11 USD Million [+]
Current Account 2.90 -117.40 111.50 -723.70 USD Million [+]
Current Account to GDP -8.70 -6.20 -4.00 -17.20 percent [+]
Imports 188.40 317.80 662.98 18.79 USD Million [+]
Exports 118.80 178.10 308.60 14.72 USD Million [+]
Gold Reserves 14.40 14.37 14.40 2.60 Tonnes [+]
Remittances 144.00 165.10 279.40 11.94 USD Million [+]
Tourist Arrivals 1778.90 1380.40 1778.90 514.40 Thousand [+]
Terrorism Index 1.47 1.72 2.44 0.25 [+]
External Debt 8333.00 8339.80 8441.50 2318.19 KGS Million [+]
Foreign Direct Investment -57.30 118.00 693.60 -266.30 USD Million [+]
Crude Oil Production 1.00 1.00 2.00 1.00 BBL/D/1K [+]


Kyrgyzstan Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.