Source: world bank Nominal/PPP
Summary:
Kyrgyzstan GDP Per Capita expanded from 1990 to 2024, increasing from $2.66 to $17.48 .The compound annual growth rate (CAGR) averaged 5.69% over the period. The economy recorded its peak level in 2024 and its lowest level in 1999. Growth volatility remained high. The maximum drawdown reached 53.01%, indicating the largest cyclical decline from peak levels. The country experienced 5 recession episode(s) during the observed period.
Kyrgyzstan Economic Phases (1990 - 2024)
From 1990 to 2024, Kyrgyzstan economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.
- Contraction (1991–1992) indicating temporary slowdown
- Crisis (1993–1994) indicating severe economic downturn
- Contraction (1997–1998) indicating temporary slowdown
- High Growth (2000–2008) indicating robust economic expansion
- High Growth (2011–2013) indicating robust economic expansion
- High Growth (2017–2019) indicating robust economic expansion
- High Growth (2021–2024) indicating robust economic expansion
The most remarkable growth occurred in 2008 with an increase of 35.171%, while the largest decline was in 1999 at -24.114%.