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Economy of Kyrgyzstan vs Malta compared: GDP & Debt

Updated on by Georank team

Kyrgyzstan has a GDP of $17.5B compared to $25B for Malta, ranking 135/197 and 119/197 by economy size, respectively.

Kyrgyzstan has $6.56B in government debt (37.5% of GDP), compared to $11.5B (46.2% of GDP) in Malta.

Kyrgyzstan vs Malta GDP by year

Kyrgyzstan
Malta
1x
Year GDP, current $
Kyrgyzstan Malta
2024 $17,478,259,659 $24,971,574,502
2023 $15,180,842,369 $22,610,561,526
2022 $12,134,931,018 $18,928,276,162
2021 $9,249,133,946 $19,739,875,611
2020 $8,270,468,614 $16,404,663,226
2019 $9,371,275,264 $16,337,793,531
2018 $8,271,106,235 $16,153,779,511
2017 $7,702,938,379 $14,161,366,724
2016 $6,813,095,379 $12,025,782,834
2015 $6,678,177,512 $11,340,795,042
2014 $7,468,102,413 $11,888,032,874
2013 $7,335,033,801 $10,796,782,636
2012 $6,605,142,884 $9,609,532,089
2011 $6,197,765,984 $9,789,361,703
2010 $4,794,361,863 $9,097,044,159
2009 $4,690,061,381 $8,734,745,698
2008 $5,139,958,909 $9,135,419,465
2007 $3,802,570,553 $7,908,412,306
2006 $2,834,168,889 $6,749,838,806
2005 $2,460,246,766 $6,393,234,993
2004 $2,211,534,585 $6,104,141,520
2003 $1,919,008,090 $5,418,315,224
2002 $1,605,643,105 $4,455,127,414
2001 $1,525,116,370 $4,070,867,133
2000 $1,369,688,498 $4,036,809,815
1999 $1,249,061,487 $4,111,857,809
1998 $1,645,963,750 $4,010,111,688
1997 $1,767,864,036 $3,787,023,707
1996 $1,827,570,586 $3,822,547,197
1995 $1,661,147,035 $3,709,396,045
1994 $1,681,780,847 $2,998,505,428
1993 $2,026,019,253 $2,709,193,538
1992 $2,315,346,943 $3,021,942,759
1991 $2,542,256,424 $2,750,216,747
1990 $2,660,202,623 $2,547,328,748
1989 - $2,118,655,677
1988 - $2,019,503,068
1987 - $1,751,293,461
1986 - $1,435,038,441
1985 - $1,117,797,439
1984 - $1,101,807,023
1983 - $1,165,729,707
1982 - $1,234,474,404
1981 - $1,243,509,394
1980 - $1,250,198,601
1979 - $1,001,288,847
1978 - $793,673,402
1977 - $625,563,171
1976 - $527,936,989
1975 - $474,618,321
1974 - $376,081,124
1973 - $345,616,106
1972 - $295,106,628
1971 - $264,578,485
1970 - $250,728,796

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

GDP per capita in Kyrgyzstan vs Malta by year

Kyrgyzstan
GDP per capita

GDP per capita, PPP
Malta
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kyrgyzstan Malta
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,420 $8,012 $43,899 $69,864
2023 $2,138 $7,298 $40,906 $67,057
2022 $1,740 $6,578 $35,639 $60,589
2021 $1,350 $5,736 $38,097 $56,852
2020 $1,230 $5,179 $31,823 $49,972
2019 $1,422 $5,304 $32,422 $51,393
2018 $1,284 $4,778 $33,382 $48,178
2017 $1,221 $4,954 $30,317 $45,764
2016 $1,103 $4,604 $26,459 $41,000
2015 $1,106 $4,153 $25,530 $38,369
2014 $1,265 $4,228 $27,425 $35,206
2013 $1,270 $4,001 $25,416 $33,138
2012 $1,169 $3,589 $22,878 $30,716
2011 $1,117 $3,278 $23,517 $29,426
2010 $877 $3,076 $21,947 $28,909
2009 $870 $3,097 $21,176 $26,782
2008 $966 $3,031 $22,315 $26,654
2007 $722 $2,770 $19,444 $25,012
2006 $543 $2,508 $16,654 $23,219
2005 $477 $2,386 $15,831 $22,227
2004 $433 $2,343 $15,212 $21,566
2003 $381 $2,158 $13,594 $20,813
2002 $322 $1,998 $11,251 $19,532
2001 $308 $1,986 $10,358 $18,435
2000 $279.6 $1,862 $10,348 $18,214
1999 $258 $1,747 $10,609 $16,898
1998 $345 $1,687 $10,408 $16,219
1997 $376 $1,659 $9,893 $15,465
1996 $395 $1,505 $10,062 $14,661
1995 $364 $1,401 $9,828 $13,950
1994 $372 $1,466 $8,000 $12,938
1993 $449 $1,795 $7,296 $12,103
1992 $513 $2,075 $8,220 $11,429
1991 $570 $2,382 $7,559 $10,784
1990 $606 $2,544 $7,192 $10,086
1989 - - $6,041 -
1988 - - $5,814 -
1987 - - $5,084 -
1986 - - $4,195 -
1985 - - $3,322 -
1984 - - $3,333 -
1983 - - $3,527 -
1982 - - $3,788 -
1981 - - $3,898 -
1980 - - $3,948 -
1979 - - $3,196 -
1978 - - $2,559 -
1977 - - $2,038 -
1976 - - $1,727 -
1975 - - $1,560 -
1974 - - $1,245 -
1973 - - $1,144 -
1972 - - $976 -
1971 - - $874 -
1970 - - $828 -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

Kyrgyzstan's GDP per capita is $2,420, ranking 150/197, compared to $43,899 in Malta, ranking 28/197. Adjusted for purchasing power (GDP per capita PPP), Kyrgyzstan ranks 141st at $8,012, while Malta ranks 25th at $69,864.

Economic indicators

Kyrgyzstan Malta
Gross domestic product
$17.5B
2024
$25B
2024
GDP rank
135/197
2024
119/197
2024
GDP growth
9.04%
2023-2024
6.8%
2023-2024
GDP per capita
$2,420
2024
$43,899
2024
GDP per capita rank
150/197
2024
28/197
2024
GDP per capita, PPP
$8,012
2024
$69,864
2024
GDP per capita PPP rank
141/197
2024
25/197
2024
Government debt
$6.56B
2024
$11.5B
2024
Debt-to-GDP ratio
37.5%
2024
46.2%
2024
Government debt per person
$908
2024
$20,269
2024
Government debt per person rank
144/185
2024
31/185
2024
Average annual personal income after taxes
$4,187
2026
$23,692
2026
Market capitalization of domestic companies n/a
$4.29B
2024
Income share by richest 10%
23%
2023
27.7%
2022
Income share by poorest 10%
4.3%
2023
2.7%
2022
Government expenditure, % of GDP
33.7%
2024
37.3%
2024
Consumer prices inflation
5%
2023-2024
1.65%
2023-2024
Central bank interest rate
10%
2025
n/a
Unemployment rate
3.5%
2023
3.12%
2024
Population
7471102
581729

Spending and national debt comparison by year

Kyrgyzstan
Spending

Debt
Malta
Spending

Debt
1x
Year % of GDP
Kyrgyzstan Malta
Government spending Government debt Government spending Government debt
2024 33.7% 37.5% 37.3% 46.2%
2023 32.9% 42% 36.1% 46.8%
2022 35% 46.8% 38.3% 50.1%
2021 32.1% 56.2% 39.4% 49.6%
2020 32.1% 63.6% 42.1% 48.6%
2019 30.8% 48.8% 34.9% 39.2%
2018 33.1% 54.8% 34.5% 41.4%
2017 37% 58.8% 32.7% 45.6%
2016 38.9% 59.1% 35.5% 53.1%
2015 38.1% 67.1% 37.8% 55%
2014 38.5% 53.6% 39.6% 60.7%
2013 38.1% 47.1% 40.1% 64.9%
2012 40.6% 50.5% 41.7% 65.6%
2011 37.4% 50.1% 41.5% 68.9%
2010 37.1% 59.7% 40.1% 65%
2009 32.5% 58.5% 41.1% 66%
2008 27.9% 49% 42.1% 61.5%
2007 29.6% 57.7% 41.2% 62%
2006 29.1% 73.4% 42.5% 64.5%
2005 29.1% 85.7% 42.5% 70.2%
2004 28.5% 92.7% 42% 70.4%
2003 28.1% 108.2% 45.6% 68.6%
2002 29.3% 107.9% 43.6% 65.1%
2001 28.1% 108.2% 44.4% 70%
2000 30.2% 123.3% 42.9% 64.4%
1999 35.9% 119.6% - 69.8%
1998 35.9% 85.1% - 66.4%
1997 31.1% 64.8% - 60.8%
1996 28.6% 57.7% - 51.5%
1995 37.9% 52.4% - 45.3%

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/malta | CC BY

In 2024, Kyrgyzstan's government spending was $5.89B, accounting for 33.7% of its GDP, while Malta spent $9.32B, or 37.3% of GDP.

Debt-to-GDP ratio is 37.5% in Kyrgyzstan and 46.2% in Malta, ranking 140/185 and 118/185, respectively.

Government deficit by year

Deficit/surplus
Kyrgyzstan

Malta
1x
Year Deficit/surplus, % of GDP
Kyrgyzstan Malta
2024 1.87% -3.58%
2023 1.59% -4.65%
2022 -0.29% -5.31%
2021 -0.71% -6.95%
2020 -3.06% -8.72%
2019 -0.07% 0.72%
2018 -0.59% 1.86%
2017 -3.73% 3.4%
2016 -5.79% 1.1%
2015 -2.52% -0.84%
2014 -3.07% -1.49%
2013 -3.7% -2.19%
2012 -5.86% -3.31%
2011 -4.7% -2.99%
2010 -5.95% -2.22%
2009 0.38% -3.11%
2008 1.92% -4.06%
2007 1.28% -2.05%
2006 -2.1% -2.46%
2005 -3.79% -2.83%
2004 -4.89% -4.28%
2003 -5.17% -9.04%
2002 -5.9% -5.62%
2001 -6.75% -6.5%
2000 -10.7% -5.83%
1999 -13.5% -
1998 -12% -
1997 -9.3% -
1996 -9.1% -
1995 -13.5% -

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

GeoRank.org/economy/kyrgyzstan/malta | 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 Malta's deficit of $893M, or 3.58% of GDP.

Over the past 25 years, Kyrgyzstan recorded a fiscal deficit in 20 of those years, while Malta ran a deficit in 21 years. On average, Kyrgyzstan posted an annual deficit equal to 2.89% of GDP, compared to deficit of 3.24% of GDP for Malta.

Inflation comparison by year

Inflation
Kyrgyzstan

Malta
1x
Year Consumer prices inflation
Kyrgyzstan Malta
2024 5% 1.65%
2023 10.8% 5.09%
2022 13.9% 6.15%
2021 11.9% 1.5%
2020 6.3% 0.64%
2019 1.1% 1.64%
2018 1.5% 1.16%
2017 3.2% 1.36%
2016 0.4% 0.64%
2015 6.5% 1.1%
2014 7.5% 0.31%
2013 6.6% 1.18%
2012 2.8% 2.38%
2011 16.6% 2.96%
2010 8% 1.52%
2009 6.8% 2.08%
2008 24.5% 4.26%
2007 10.2% 1.25%
2006 5.6% 2.77%
2005 4.3% 3.01%
2004 4.1% 2.79%
2003 3% 1.3%
2002 2.1% 2.19%
2001 6.9% 2.93%
2000 19.7% 2.37%
1999 35.9% 2.13%
1998 10.5% 2.39%
1997 23.4% 3.11%

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/malta | CC BY

Over the past 28 years, Kyrgyzstan has recorded an average annual inflation rate of 9.25%, compared with 2.21% in Malta. In 2024, inflation was 5% in Kyrgyzstan and 1.65% in Malta.

Top exports between countries

Kyrgyzstan
Export category Export value
Raw materials & minerals $8.17M
Machinery & equipment $3K
Malta
Export category Export value
Wood & paper products $1.32M
Machinery & equipment $213K

Balance of trade

Kyrgyzstan Malta
Current account balance
-$5.18B
2022
$1.78B
2024
Current account balance ranking
167/190
2022
47/190
2024
Current account balance, % of GDP
-42.7%
2022
+7.12%
2024
Goods imports
$9.17B
2022
$7.56B
2024
Goods exports
$2.25B
2022
$4.58B
2024
Service imports
$1.48B
2022
$17.4B
2024
Service exports
$1.37B
2022
$25B
2024
Imports of goods and services, % of GDP
84.2%
2024
99.7%
2024
Exports of goods and services, % of GDP
43.4%
2024
118.5%
2024

Economic freedom indices

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

Kyrgyzstan Malta
Economic freedom 56 68.2
Economic freedom ranking 126/197 49/197
Property rights 22.9 85.5
Government integrity 23.9 54.3
Judicial effectiveness 8.3 80.2
Tax burden 93.2 68.5
Government spending 65.6 58.4
Fiscal health 97.2 63.2
Business freedom 58.2 83.2
Labor freedom 52.3 62.6
Monetary freedom 68 73.1
Trade freedom 72.6 79.4
Investment freedom 60 60
Financial freedom 50 50

Economic freedom comparison by year

Kyrgyzstan
Malta
1x
Year Economic freedom index
Kyrgyzstan Malta
2026 56 68.2
2025 55.6 66.8
2024 55.2 64.5
2023 55.8 67.5
2022 55.8 71.5
2021 63.7 70.2
2020 62.9 69.5
2019 62.3 68.6
2018 62.8 68.5
2017 61.1 67.7
2016 59.6 66.7
2015 61.3 66.5
2014 61.1 66.4
2013 59.6 67.5
2012 60.2 67
2011 61.1 65.7
2010 61.3 67.2
2009 61.8 66.1
2008 61.1 66
2007 60.2 66.1
2006 61 67.3
2005 56.6 68.9
2004 58 63.3
2003 56.8 61.1
2002 51.7 62.2
2001 53.7 62.9
2000 55.7 58.3
1999 54.8 59.3
1998 51.8 61.2
1997 - 57.9
1996 - 55.8
1995 - 56.3

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Kyrgyzstan is 56, ranking 126/197, compared to 68.2 for Malta, ranking 49/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Kyrgyzstan Malta
Services, % of GDP
52.1%
2024
81.8%
2024
Industry, % of GDP
24.7%
2024
10.7%
2024
Agriculture, forestry, and fishing, % of GDP
8.61%
2024
0.23%
2024
GNI, Atlas method
$15.8B
2024
$20.9B
2024
GNI per capita, PPP
$7,900
2024
$61,340
2024
Total reserves including gold
$5.09B
2024
$1.42B
2024
Total reserves ranking
100/177
2024
137/177
2024
Net foreign direct investment
-$509M
2022
-$6.13B
2024
Net inflows of foreign direct investment
$705M
2024
$42.6B
2024
Net outflows of foreign direct investment
$20M
2024
$36.5B
2024
Servicing debt to the IMF, % of GNI
4.74%
2024
n/a
Poverty at national poverty lines
25.7%
2024
16.7%
2021
Gross capital formation, % of GDP
29.8%
2024
19%
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/malta | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1995–1999, retrieved 2026-02-20)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  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.