Kyrgyzstan FlagKyrgyzstan

If One Respects One's Parents, One Will Be Respected By One's Children.

 

General


Population: 5,604,212 (2014), 5,548,042 (2013)
Land Area: 198,500 sq km
Natural Resources: Hydro power, gold, rare earth metals, coal, oil, natural gas, nepheline, mercury, bismuth, lead, zinc
Capital: Bishkek
Political System: Republic
State Leader: Almazbek Atambaev (December 1st 2011)
Head of Government: Joomart Otorbaev (April 2nd 2014)
Languages: Kyrgyz, Uzbek, Russian, Dungun
Currency: Som (KGS)
Major Religions: Muslim 75%, Russian Orthodox 20%, Other 5%
Major Ethnicities: Kyrgyz 64.9%, Uzbek 13.8%, Russian 12.5%, Dungan 1.1%, Ukrainian 1%, Uygur 1%, Other 5.7%
Life Expectancy: 70.06 years (2014), 69.75 years (2013)

Economy


GDP Official Exchange Rate: 7.234 billion (2013), 6.197 billion (2012)
GDP Purchasing Power Parity: 14.3 billion (2013), 13.47 billion (2012)
GDP Per Capita (PPP): 2,500 (2013), 2,400 (2012)
GDP Growth Rate: 7.4% (2013), 1% (2012)
GDP Structure: Agriculture 20.8%, Industry 34.4%, Services 44.8% (2013)
Labour Force By Occupation: Agriculture 48%, Industry 12.5%, Services 39.5% (2005)
Industries: Small machinery, textiles, food processing, cement, shoes, sawn logs, refrigerators, furniture, electric motors, gold, rare earth metals
Agriculture Products: Tobacco, cotton, potatoes, vegetables, grapes, fruits and berries; sheep, goats, cattle, wool
Human Development Index: 0.628 (125th)(2014), 0.622 (125th)(2013)
Tourism Revenue: 97 million (2004)
Unemployment Rate: 8.6% (2011)

MilitaryKyrgystan Map


Army Size: 12 500 (2004)
Budget: 1.4% of GDP (2005)

Current Situation

 

Kyrgyzstan is located in Central Asia. Kyrgyzstan is bordered by China, Kazakhstan, Russia, Tajikistan and Uzbekistan. Kyrgyzstan's economy struggled after the collapse of the Soviet Union in 1991, because the Soviet Union was its dominant trading partner. However, the situation has improved and Kyrgyzstan has started exporting some of its mineral resources and is trying to secure investments in the sector. The GDP per capita remains very low, but the growth rate is relatively high. In 2010 following street protests the government of Kurmanbek Bakiyev was overthrown and replaced with a caretaker government lead by Roza Otunbaeva.

(2013) Growth has slowed significantly since the political unrest in 2010 and there have also been issues at the Kumtor Gold mine with production being disrupted due to an ongoing dispute between the government and the owner of the mine.

(2014) Kyrgyzstan's economy bounced back in 2013 with a very high growth rate, however the country remains deeply impoverished. The massive Kumtor Gold mine project resumed production and it appears an agreement will be reached between the Canadian owners of the mine Centerra Gold and the government of Kyrgyzstan over an acceptable ownership share of the mine.

Thoughts & Comments

 

Sources

CIA World Factbook: Kyrgyzstan
Wikipedia: Kyrgyzstan
http://hdrstats.undp.org/en/countries/profiles/KGZ.html

Updated on: October 10th, 2014