Kyrgyzstan continues to maintain its leadership in the region, with GDP growth of 11.1 percent in 2025 and 8.8 percent in January-February 2026, made possible by strong consumer and investment demand.
However, inflationary pressure forces the National Bank to adhere to a tight monetary policy, raising the key interest rate to 12 percent in February of this year, according to information from the EDB.
Overall Situation in the Region's Countries
EDB analysts emphasize that the use of internal sources of growth helps the countries in the region mitigate the effects of global geopolitical risks and potential volatility in commodity prices.
Economic Dynamics in Russia, Belarus, and Armenia
In contrast to Central Asia, the economies of the largest EDB member countries are showing signs of slowdown:
Last year, Kyrgyzstan's total foreign trade turnover amounted to $15.8 billion. Despite high GDP growth rates, annual inflation at the beginning of 2026 was 9.5 percent, which remains above the National Bank of Kyrgyzstan's target range of 5-7 percent.
