Kyrgyzstan’s investments in fixed assets reached 157.4 billion soms ($1.84 billion) between January and September 2024, marking a 52.1% increase compared to the same period last year, according to the country’s National Statistics Committee.
The surge in investment was driven by growth from both internal and external financing sources, with internal funding rising 1.5 times and external sources growing 1.9 times.
More than 84% of the investments were channeled into construction projects across key sectors, including mining, transportation and storage, energy (electricity, gas, steam, and air conditioning), manufacturing, education, and housing.
Additionally, gross construction output for the period amounted to 154.6 billion soms ($1.80 billion), representing a 36.9% increase from the previous year. The construction sector accounted for 6.7% of the country’s GDP production.
Kyrgyzstan’s GDP for the first nine months of 2024 totaled 951.8 billion soms ($11.1 billion), reflecting an 8.4% increase year-on-year.
