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Kyrgyzstan

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A Central Asian country of incredible natural beauty and proud nomadic traditions, most of Kyrgyzstan was formally annexed to Russia in 1876. The Kyrgyz staged a major revolt against the Tsarist Empire in 1916 in which almost one-sixth of the Kyrgyz population was killed. Kyrgyzstan became a Soviet republic in 1936 and achieved independence in 1991 when the USSR dissolved. Nationwide demonstrations in the spring of 2005 resulted in the ouster of President Askar AKAEV, who had run the country since 1990. Subsequent presidential elections in July 2005 were won overwhelmingly by former prime minister Kurmanbek BAKIEV. Over the next few years, the new president manipulated the parliament to accrue new powers for himself. In July 2009, after months of harassment against his opponents and media critics, BAKIEV won re-election in a presidential campaign that the international community deemed flawed. In April 2010, nationwide protests led to the resignation and expulsion of BAKIEV. He was replaced by Acting President Roza OTUNBAYEVA who called for new elections in six months time. Continuing concerns include: endemic corruption, poor interethnic relations, and terrorism.[1]

Economical characteristics

  • Currency: Som (ISO code: KGS)
  • Central bank discount rate: NA%[1]
  • Commercial banks lending rate: 19.86% (31 December 2008)[1]
  • Stock of money (M1): $NA (31 December 2008)[1]
  • Quasi money (with M1 makes M2): $NA (31 December 2008)[1]


Statistics

Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (million USD)[2] 1 249 1 370 1 525 1 606 1 919 2 212 2 460 2 833 3 802 5 059
Govt. debt (% of GDP)[3] 132.734 114.534 99.331
Govt. revenue (% of GDP)[4] 15.849 14.163 16.052 16.468 20.723 20.454
Govt. expenses (% of GDP)[5] 17.733 15.803 15.759 15.814 18.088 17.026
Debt to revenue (years) 8.375 8.087 6.188

References

Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. 1.0 1.1 1.2 1.3 1.4 Cite error: Invalid <ref> tag; no text was provided for refs named CIA_KG
  2. World Bank. "Kyrgyzstan: GDP", from World Bank Data. Referenced 2010-09-30.
  3. World Bank. "Kyrgyzstan: government debt", from World Bank Data. Referenced 2010-09-30.
  4. World Bank. "Kyrgyzstan: government revenue", from World Bank Data. Referenced 2010-09-30.
  5. World Bank. "Kyrgyzstan: government expenses", from World Bank Data. Referenced 2010-09-30.

External links