BAKU, Azerbaijan, May 13. The value of gross domestic product (GDP) in Kyrgyzstan from January through April 2023 amounted to 264.5 billion soms ($3 billion), which is 4.4 percent more than in the same period of 2022, Trend reports via the State Statistical Committee of Kyrgyzstan.
GDP growth was affected by an increase in manufacturing of the following products:
Chemical products – an increase of 32 percent year-on-year;
Textile industry, production of clothing and footwear, leather and leather products – 19.3 percent year-on-year;
Wood and paper products and printing materials – an increase of 18.4 percent year-on-year;
Rubber, plastic products and building materials – an increase of 16.3 percent year-on-year;
Mining products – an increase of 12.7 percent year-on-year;
Food, tobacco products and drinks – an increase of 5.5 percent year-on-year.
Base metals – an increase of 1 percent year-on-year.
Meanwhile, the National Bank of Kyrgyzstan expects the economic growth in the country this year to be supported in the agricultural sector by animal husbandry and crop production, in the industrial sector by the resuming operations of currently non-active enterprises and the sustainability of the production of operating enterprises, as well as by the service sector and the construction sector.
The Kyrgyz GDP increased by 7 percent in 2022 and amounted to 919 billion soms ($10 billion).