Investmet opportunities

in the Kyrgyz Republic

Investment Promotion Agency

Ministry of Economy of the Kyrgyz Republic

GENERAL INFORMATION

Official name:

Kyrgyz Republic

Form of government:

Parliamentary Republic

Language:

Kyrgyz (state)Russian (official)

Currency: KGS

1 USD = 60,00 KGS1 EURO = 69,00 KGS

Financial and cultural centers:

Bishkek city and Osh city

INTRODUCTION TO THE KYRGYZ REPUBLIC

Capital: Bishkek

Total territory: 199,9 thous. sq. km

Population: 5,8 million

Average age: 27 years

Time zone: UTC +6

Climate: moderate continental

BASIC MACROECONOMIC INDICES

2,2 2,5 2,83,7

5,1 4,6 4,66,1 6,5

7,2 7,4

0

2

4

6

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

GROSS DOMESTIC PRODUCT (billion USD)

GDP of the country has grown by 3.5 times within last 10 years. Financial crisis has negatively influenced upon GDP of 2009, but the economy of the country quickly rehabilitated and continued its growth. In accordance with the official forecast, the GDP will reach 13.7 billion USD by 2017.

48%

15%

16%

7%

14%

STRUCTURE OF THE GDP

ServicesAgricultural sectorIndustryConstructionOthers

433 476 543722

966871 880

1124 11781263 1258

0

200

400

600

800

1000

1200

1400

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

PER CAPITA GDP (in USD)

Stable growth of living standard, as the index of dynamically developing countries.

BASIC MACROECONOMIC INDICES

FOREIGN DIRECT INVESTMENT INFLOW (million USD)

The Kyrgyz Republic makes efforts for creation of favorable business climate. Owing to this efforts, the volume of foreign investments for the last 10 years has increased for more than 3.5 times. Data for 2014 preliminary.

UNEMPLOYMENT RATE (%)

176 210336

437

886

661 666

849

591

964

608

0

200

400

600

800

1000

1200

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

8,5

8,1

8,38,2 8,2

8,4

8,68,5 8,5

7,7

8,4

7,2

7,4

7,6

7,8

8

8,2

8,4

8,6

8,8

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

According to official statistics data, the average unemployment rate for the last 4 years has been at the level of 8.5%. The Government is extremely interested in reduction of the number of unemployed people. By 2016, the Government plans reduction of general unemployment level down to 7.1%.

CHEAP AND QUALIFIED LABOR FORCE

WAGES

506

380

355

305

232

219

193

114

0 100 200 300 400 500 600

Financial activity

Transport and communication

Electricity, gas and water supply

Mining industry

Manufacturing industry

Construction

Real estate operations

Agriculture

Average monthly wage of small businesses through the Republic in 2014 was 116 USD. However wages in all regions besides Bishkek city was significantly lower than average in the Republic.

Average monthly wage in 2014 was 224 USD.

Average monthly wage on types of economic activity (USD) Average monthly wage of small business in the territory of the Kyrgyz Republic (USD) Республики (долларов США)

TRADE OASIS IN CENTRAL ASIA

INTERNATIONAL TRADE

The Kyrgyz Republic was the first country among the CIS countries joint the WTO in 1998. For now, the Kyrgyz Republic has the most liberal trade conditions in Central Asia.

During the last 10 years, the Kyrgyz Republic turnover with countries worldwide has been exceeding the GDP level indicating economy openness.

1856 1673 17562242

1854 2019 1879

4072

3040 3223

4261

5374

60695732

0

1000

2000

3000

4000

5000

6000

7000

2008 2009 2010 2011 2012 2013 2014

Export Import

(million USD)

20%

7%

6%

1%

31%

2%

5%

0%

8%1%

Kazakhstan Russia

Uzbekistan Tajikistan

Switzerland China

Turkey Germany

United Arab Emirates Belgium

In 2014, the Republic traded with 145 countries worldwide, exported goods to 82 countries. Export is oriented both neighboring countries and far-abroad countries.