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Economy of Kyrgyzstan vs Luxembourg compared: GDP & Debt

Updated on by Georank team

Kyrgyzstan has a GDP of $17.5B compared to $93.3B for Luxembourg, ranking 135/197 and 74/197 by economy size, respectively.

Kyrgyzstan has $6.56B in government debt (37.5% of GDP), compared to $24.5B (26.3% of GDP) in Luxembourg.

Kyrgyzstan vs Luxembourg GDP by year

Kyrgyzstan
Luxembourg
1x
Year GDP, current $
Kyrgyzstan Luxembourg
2024 $17,478,259,659 $93,279,851,863
2023 $15,180,842,369 $88,788,881,539
2022 $12,134,931,018 $80,801,680,397
2021 $9,249,133,946 $86,386,759,695
2020 $8,270,468,614 $73,670,782,100
2019 $9,371,275,264 $69,872,035,114
2018 $8,271,106,235 $71,085,623,495
2017 $7,702,938,379 $65,712,180,343
2016 $6,813,095,379 $62,216,885,436
2015 $6,678,177,512 $60,071,584,216
2014 $7,468,102,413 $68,804,811,898
2013 $7,335,033,801 $65,203,276,467
2012 $6,605,142,884 $59,776,383,527
2011 $6,197,765,984 $61,696,281,326
2010 $4,794,361,863 $56,213,985,987
2009 $4,690,061,381 $54,467,289,898
2008 $5,139,958,909 $58,844,277,702
2007 $3,802,570,553 $51,587,401,416
2006 $2,834,168,889 $42,910,146,296
2005 $2,460,246,766 $37,672,280,120
2004 $2,211,534,585 $35,064,843,793
2003 $1,919,008,090 $29,667,268,248
2002 $1,605,643,105 $23,649,833,332
2001 $1,525,116,370 $21,387,533,703
2000 $1,369,688,498 $21,230,182,989
1999 $1,249,061,487 $21,899,317,599
1998 $1,645,963,750 $20,150,053,345
1997 $1,767,864,036 $19,563,836,265
1996 $1,827,570,586 $20,895,314,658
1995 $1,661,147,035 $20,853,093,870
1994 $1,681,780,847 $17,701,798,891
1993 $2,026,019,253 $15,925,521,222
1992 $2,315,346,943 $15,518,702,635
1991 $2,542,256,424 $13,834,219,728
1990 $2,660,202,623 $12,778,792,854
1989 - $10,037,674,038
1988 - $9,418,167,855
1987 - $8,320,902,215
1986 - $6,685,595,088
1985 - $4,577,211,767
1984 - $4,438,435,493
1983 - $4,524,217,751
1982 - $4,602,316,793
1981 - $5,053,665,797
1980 - $6,019,805,490
1979 - $5,516,982,664
1978 - $4,718,539,772
1977 - $3,789,321,328
1976 - $3,423,586,207
1975 - $3,123,333,333
1974 - $3,183,637,117
1973 - $2,609,875,802
1972 - $1,901,697,370
1971 - $1,518,773,421
1970 - $1,457,768,455
1969 - $1,245,432,991
1968 - $1,075,561,623
1967 - $983,052,315
1966 - $976,717,015
1965 - $929,477,285
1964 - $910,877,686
1963 - $797,902,154
1962 - $747,846,862
1961 - $710,163,719
1960 - $709,941,874

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/kyrgyzstan/luxembourg | CC BY

GDP per capita in Kyrgyzstan vs Luxembourg by year

Kyrgyzstan
GDP per capita

GDP per capita, PPP
Luxembourg
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kyrgyzstan Luxembourg
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,420 $8,012 $137,782 $155,941
2023 $2,138 $7,298 $133,231 $150,508
2022 $1,740 $6,578 $123,720 $146,919
2021 $1,350 $5,736 $134,966 $136,772
2020 $1,230 $5,179 $116,860 $122,067
2019 $1,422 $5,304 $112,697 $121,372
2018 $1,284 $4,778 $116,927 $116,638
2017 $1,221 $4,954 $110,193 $114,986
2016 $1,103 $4,604 $106,899 $113,365
2015 $1,106 $4,153 $105,462 $107,860
2014 $1,265 $4,228 $123,679 $105,296
2013 $1,270 $4,001 $120,000 $100,925
2012 $1,169 $3,589 $112,585 $96,636
2011 $1,117 $3,278 $119,025 $94,475
2010 $877 $3,076 $110,886 $90,336
2009 $870 $3,097 $109,420 $86,919
2008 $966 $3,031 $120,422 $90,971
2007 $722 $2,770 $107,475 $85,126
2006 $543 $2,508 $90,789 $78,861
2005 $477 $2,386 $80,988 $68,788
2004 $433 $2,343 $76,545 $64,686
2003 $381 $2,158 $65,689 $60,192
2002 $322 $1,998 $53,006 $58,576
2001 $308 $1,986 $48,440 $56,136
2000 $279.6 $1,862 $48,660 $55,136
1999 $258 $1,747 $50,872 $49,845
1998 $345 $1,687 $47,445 $44,270
1997 $376 $1,659 $46,642 $42,488
1996 $395 $1,505 $50,444 $39,722
1995 $364 $1,401 $51,032 $38,345
1994 $372 $1,466 $43,933 $37,551
1993 $449 $1,795 $40,067 $35,899
1992 $513 $2,075 $39,571 $34,108
1991 $570 $2,382 $35,747 $33,191
1990 $606 $2,544 $33,465 $29,949
1989 - - $26,618 -
1988 - - $25,219 -
1987 - - $22,443 -
1986 - - $18,150 -
1985 - - $12,482 -
1984 - - $12,127 -
1983 - - $12,374 -
1982 - - $12,591 -
1981 - - $13,837 -
1980 - - $16,531 -
1979 - - $15,204 -
1978 - - $13,034 -
1977 - - $10,486 -
1976 - - $9,491 -
1975 - - $8,701 -
1974 - - $8,967 -
1973 - - $7,447 -
1972 - - $5,487 -
1971 - - $4,435 -
1970 - - $4,298 -
1969 - - $3,690 -
1968 - - $3,203 -
1967 - - $2,935 -
1966 - - $2,925 -
1965 - - $2,804 -
1964 - - $2,779 -
1963 - - $2,462 -
1962 - - $2,332 -
1961 - - $2,241 -
1960 - - $2,261 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/kyrgyzstan/luxembourg | CC BY

Kyrgyzstan's GDP per capita is $2,420, ranking 150/197, compared to $137,782 in Luxembourg, ranking 3/197. Adjusted for purchasing power (GDP per capita PPP), Kyrgyzstan ranks 141st at $8,012, while Luxembourg ranks 1st at $155,941.

Economic indicators

Kyrgyzstan Luxembourg
Gross domestic product
$17.5B
2024
$93.3B
2024
GDP rank
135/197
2024
74/197
2024
GDP growth
9.04%
2023-2024
0.36%
2023-2024
GDP per capita
$2,420
2024
$137,782
2024
GDP per capita rank
150/197
2024
3/197
2024
GDP per capita, PPP
$8,012
2024
$155,941
2024
GDP per capita PPP rank
141/197
2024
1/197
2024
Government debt
$6.56B
2024
$24.5B
2024
Debt-to-GDP ratio
37.5%
2024
26.3%
2024
Government debt per person
$908
2024
$36,221
2024
Government debt per person rank
144/185
2024
19/185
2024
Average annual personal income after taxes
$4,187
2026
$69,593
2026
Market capitalization of domestic companies n/a
$41.9B
2024
Number of billionaires n/a
1
2025
Income share by richest 10%
23%
2023
25%
2023
Income share by poorest 10%
4.3%
2023
2.8%
2023
Government expenditure, % of GDP
33.7%
2024
46.9%
2024
Consumer prices inflation
5%
2023-2024
2.05%
2023-2024
Central bank interest rate
10%
2025
n/a
Unemployment rate
3.5%
2023
6.42%
2024
Population
7471102
693885

Spending and national debt comparison by year

Kyrgyzstan
Spending

Debt
Luxembourg
Spending

Debt
1x
Year % of GDP
Kyrgyzstan Luxembourg
Government spending Government debt Government spending Government debt
2024 33.7% 37.5% 46.9% 26.3%
2023 32.9% 42% 46.4% 24.7%
2022 35% 46.8% 44.3% 24.9%
2021 32.1% 56.2% 42.4% 24.2%
2020 32.1% 63.6% 47% 24.5%
2019 30.8% 48.8% 43.1% 22.3%
2018 33.1% 54.8% 42.3% 20.9%
2017 37% 58.8% 41.3% 21.8%
2016 38.9% 59.1% 40% 19.6%
2015 38.1% 67.1% 40.4% 21.1%
2014 38.5% 53.6% 40.6% 21.9%
2013 38.1% 47.1% 41.2% 22.4%
2012 40.6% 50.5% 41.8% 20.8%
2011 37.4% 50.1% 41.5% 18.5%
2010 37.1% 59.7% 42% 19.1%
2009 32.5% 58.5% 42.7% 15.3%
2008 27.9% 49% 37.9% 14.6%
2007 29.6% 57.7% 37.4% 8.09%
2006 29.1% 73.4% 39.4% 8.21%
2005 29.1% 85.7% 43.4% 7.95%
2004 28.5% 92.7% 43.7% 7.83%
2003 28.1% 108.2% 43.3% 7.43%
2002 29.3% 107.9% 41.8% 7.45%
2001 28.1% 108.2% 38.1% 7.62%
2000 30.2% 123.3% 38% 7.49%
1999 35.9% 119.6% 41.7% 8.39%
1998 35.9% 85.1% 43.9% 9.51%
1997 31.1% 64.8% 44.2% 10.1%
1996 28.6% 57.7% 42.5% 10.2%
1995 37.9% 52.4% 42% 10.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1995–1999, retrieved 2026-02-20).

GeoRank.org/economy/kyrgyzstan/luxembourg | CC BY

In 2024, Kyrgyzstan's government spending was $5.89B, accounting for 33.7% of its GDP, while Luxembourg spent $43.7B, or 46.9% of GDP.

Debt-to-GDP ratio is 37.5% in Kyrgyzstan and 26.3% in Luxembourg, ranking 140/185 and 162/185, respectively.

Government deficit by year

Deficit/surplus
Kyrgyzstan

Luxembourg
1x
Year Deficit/surplus, % of GDP
Kyrgyzstan Luxembourg
2024 1.87% 1.03%
2023 1.59% -0.78%
2022 -0.29% 0.18%
2021 -0.71% 1%
2020 -3.06% -3.09%
2019 -0.07% 2.68%
2018 -0.59% 3.17%
2017 -3.73% 1.37%
2016 -5.79% 1.89%
2015 -2.52% 1.3%
2014 -3.07% 1.33%
2013 -3.7% 0.84%
2012 -5.86% 0.5%
2011 -4.7% 0.65%
2010 -5.95% -0.26%
2009 0.38% -0.21%
2008 1.92% 3.37%
2007 1.28% 4.35%
2006 -2.1% 1.9%
2005 -3.79% -0.21%
2004 -4.89% -1.39%
2003 -5.17% 0.28%
2002 -5.9% 2.03%
2001 -6.75% 5.62%
2000 -10.7% 5.55%
1999 -13.5% 3.24%
1998 -12% 2.98%
1997 -9.3% 2.65%
1996 -9.1% 2.37%
1995 -13.5% 2.71%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/kyrgyzstan/luxembourg | CC BY

In 2024, Kyrgyzstan's government surplus, the difference between spending and revenue, was $327M, equivalent to 1.87% of GDP. This compares to Luxembourg's surplus of $961M, or 1.03% of GDP.

Over the past 30 years, Kyrgyzstan recorded a fiscal deficit in 25 of those years, while Luxembourg ran a deficit in 6 years. On average, Kyrgyzstan posted an annual deficit equal to 4.32% of GDP, compared to surplus of 1.57% of GDP for Luxembourg.

Inflation comparison by year

Inflation
Kyrgyzstan

Luxembourg
1x
Year Consumer prices inflation
Kyrgyzstan Luxembourg
2024 5% 2.05%
2023 10.8% 3.74%
2022 13.9% 6.34%
2021 11.9% 2.53%
2020 6.3% 0.82%
2019 1.1% 1.74%
2018 1.5% 1.53%
2017 3.2% 1.73%
2016 0.4% 0.29%
2015 6.5% 0.47%
2014 7.5% 0.63%
2013 6.6% 1.73%
2012 2.8% 2.66%
2011 16.6% 3.41%
2010 8% 2.27%
2009 6.8% 0.37%
2008 24.5% 3.4%
2007 10.2% 2.31%
2006 5.6% 2.67%
2005 4.3% 2.49%
2004 4.1% 2.23%
2003 3% 2.05%
2002 2.1% 2.07%
2001 6.9% 2.66%
2000 19.7% 3.15%
1999 35.9% 1.03%
1998 10.5% 0.96%
1997 23.4% 1.37%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/kyrgyzstan/luxembourg | CC BY

Over the past 28 years, Kyrgyzstan has recorded an average annual inflation rate of 9.25%, compared with 2.1% in Luxembourg. In 2024, inflation was 5% in Kyrgyzstan and 2.05% in Luxembourg.

Top exports between countries

Kyrgyzstan
Export category Export value
Raw materials & minerals $14K
Machinery & equipment $11K
Luxembourg
Export category Export value
Machinery & equipment $1.43M
Raw materials & minerals $220K
Chemicals & pharma $54K
Metals $35K
Textiles & consumer goods $29K
Processed food, beverages & tobacco $2K
Wood & paper products $1K

Balance of trade

Kyrgyzstan Luxembourg
Current account balance
-$5.18B
2022
$4.1B
2024
Current account balance ranking
167/190
2022
35/190
2024
Current account balance, % of GDP
-42.7%
2022
+4.4%
2024
Goods imports
$9.17B
2022
$29.4B
2024
Goods exports
$2.25B
2022
$31.3B
2024
Service imports
$1.48B
2022
$117B
2024
Service exports
$1.37B
2022
$150B
2024
Imports of goods and services, % of GDP
84.2%
2024
159.7%
2024
Exports of goods and services, % of GDP
43.4%
2024
191.5%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Kyrgyzstan Luxembourg
Economic freedom 56 79.7
Economic freedom ranking 126/197 7/197
Property rights 22.9 96.6
Government integrity 23.9 88.7
Judicial effectiveness 8.3 99.1
Tax burden 93.2 62.3
Government spending 65.6 36.9
Fiscal health 97.2 98.6
Business freedom 58.2 89.5
Labor freedom 52.3 56.7
Monetary freedom 68 74.1
Trade freedom 72.6 79.4
Investment freedom 60 95
Financial freedom 50 80

Economic freedom comparison by year

Kyrgyzstan
Luxembourg
1x
Year Economic freedom index
Kyrgyzstan Luxembourg
2026 56 79.7
2025 55.6 79.5
2024 55.2 79.2
2023 55.8 78.4
2022 55.8 80.6
2021 63.7 76
2020 62.9 75.8
2019 62.3 75.9
2018 62.8 76.4
2017 61.1 75.9
2016 59.6 73.9
2015 61.3 73.2
2014 61.1 74.2
2013 59.6 74.2
2012 60.2 74.5
2011 61.1 76.2
2010 61.3 75.4
2009 61.8 75.2
2008 61.1 74.7
2007 60.2 74.6
2006 61 75.3
2005 56.6 76.3
2004 58 78.9
2003 56.8 79.9
2002 51.7 79.4
2001 53.7 80.1
2000 55.7 76.4
1999 54.8 72.4
1998 51.8 72.7
1997 - 72.8
1996 - 72.5

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/kyrgyzstan/luxembourg | CC BY

The Economic Freedom Index for Kyrgyzstan is 56, ranking 126/197, compared to 79.7 for Luxembourg, ranking 7/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Kyrgyzstan Luxembourg
Services, % of GDP
52.1%
2024
81.2%
2024
Industry, % of GDP
24.7%
2024
9.66%
2024
Agriculture, forestry, and fishing, % of GDP
8.61%
2024
0.21%
2024
GNI, Atlas method
$15.8B
2024
$57.3B
2024
GNI per capita, PPP
$7,900
2024
$110,650
2024
Total reserves including gold
$5.09B
2024
$2.79B
2024
Total reserves ranking
100/177
2024
119/177
2024
Net foreign direct investment
-$509M
2022
$21.4B
2024
Net inflows of foreign direct investment
$705M
2024
$106B
2024
Net outflows of foreign direct investment
$20M
2024
$109B
2024
Servicing debt to the IMF, % of GNI
4.74%
2024
n/a
Poverty at national poverty lines
25.7%
2024
17.3%
2021
Gross capital formation, % of GDP
29.8%
2024
15.8%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/kyrgyzstan/luxembourg | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2022–2024, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1995–1999, retrieved 2026-02-20)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.