Kyrgyzstan leads Central Asia in per capita GDP growth

Kyrgyzstan has outpaced its Central Asian neighbors in per capita GDP growth over the past three years, Gazeta.uz reports, citing economist Mirkamil Kholboyev, a graduate of South Korea’s Chonbuk National University.  From 2022 to 2024, the country’s per capita GDP reportedly surged by 85%, reaching US$2,500. In comparison, during the same period, Tajikistan saw a […]

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Kyrgyzstan has outpaced its Central Asian neighbors in per capita GDP growth over the past three years, Gazeta.uz reports, citing economist Mirkamil Kholboyev, a graduate of South Korea’s Chonbuk National University.  From 2022 to 2024, the country’s per capita GDP reportedly surged by 85%, reaching US$2,500.

In comparison, during the same period, Tajikistan saw a 50.5% increase in per capita GDP (in U.S. dollars), Kazakhstan 42%, and Uzbekistan 37%.  

Kholboyev notes that Kyrgyzstan has become one of the fastest-growing economies in the world by this metric.

“Recent regional tensions have unexpectedly created favorable conditions for Kyrgyzstan, allowing it to achieve the region’s highest economic growth rate—9% annually,” he explained.

According to official data, Tajikistan's GDP grew at an average annual rate of 8.2% from 2022 to 2024, with growth recorded at 8.0% in 2022, 8.3% in 2023, and 8.4% in 2024.  Over this period, the country’s total GDP reportedly rose from 98.9 billion somonis (around US$8.8 billion) in 2021 to 153.4 billion somonis (approximately US$14 billion) in 2024.

Tajikistan's population also grew from 9.93 million in January 2022 to 10.5 million by January 2025. Consequently, GDP per capita increased from 9,900 somonis (US$886) in 2021 to 15,400 somoni (US$1,333) in 2024—a 55.5% rise in the national currency and 50.5% in the U.S. dollars.

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