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Economy of Kyrgyzstan vs Marshall Islands compared: GDP & Debt

Updated on by Georank team

Kyrgyzstan has a GDP of $17.5B compared to $290M for the Marshall Islands, ranking 135/197 and 193/197 by economy size, respectively.

Kyrgyzstan has $6.56B in government debt (37.5% of GDP), compared to $38.4M (13.2% of GDP) in the Marshall Islands.

Kyrgyzstan vs Marshall Islands GDP by year

Kyrgyzstan
Marshall Islands
1x
Year GDP, current $
Kyrgyzstan Marshall Islands
2024 $17,478,259,659 $290,108,490
2023 $15,180,842,369 $263,761,322
2022 $12,134,931,018 $258,723,511
2021 $9,249,133,946 $261,245,544
2020 $8,270,468,614 $241,800,000
2019 $9,371,275,264 $232,900,000
2018 $8,271,106,235 $220,000,000
2017 $7,702,938,379 $213,700,000
2016 $6,813,095,379 $201,800,000
2015 $6,678,177,512 $183,700,000
2014 $7,468,102,413 $186,000,000
2013 $7,335,033,801 $186,400,000
2012 $6,605,142,884 $180,700,000
2011 $6,197,765,984 $172,300,000
2010 $4,794,361,863 $161,100,000
2009 $4,690,061,381 $151,200,000
2008 $5,139,958,909 $146,600,000
2007 $3,802,570,553 $150,500,000
2006 $2,834,168,889 $143,200,000
2005 $2,460,246,766 $138,000,000
2004 $2,211,534,585 $132,900,000
2003 $1,919,008,090 $131,128,500
2002 $1,605,643,105 $131,960,000
2001 $1,525,116,370 $122,406,100
2000 $1,369,688,498 $114,838,500
1999 $1,249,061,487 $113,352,100
1998 $1,645,963,750 $112,070,100
1997 $1,767,864,036 $109,884,700
1996 $1,827,570,586 $110,858,000
1995 $1,661,147,035 $120,230,000
1994 $1,681,780,847 $108,071,000
1993 $2,026,019,253 $99,461,000
1992 $2,315,346,943 $91,063,000
1991 $2,542,256,424 $82,507,000
1990 $2,660,202,623 $78,476,000
1989 - $72,798,000
1988 - $70,688,000
1987 - $62,983,000
1986 - $55,989,000
1985 - $43,879,000
1984 - $45,144,000
1983 - $41,749,000
1982 - $34,918,000
1981 - $31,020,000
1980 - $26,710,653
1979 - $25,545,346
1978 - $22,209,370
1977 - $20,210,069
1976 - $18,153,647
1975 - $16,691,301
1974 - $15,217,532
1973 - $11,607,366
1972 - $9,973,652
1971 - $9,116,810
1970 - $8,408,486

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

GeoRank.org/economy/kyrgyzstan/marshall-islands | CC BY

GDP per capita in Kyrgyzstan vs Marshall Islands by year

Kyrgyzstan
GDP per capita

GDP per capita, PPP
Marshall Islands
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kyrgyzstan Marshall Islands
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,420 $8,012 $7,726 $8,195
2023 $2,138 $7,298 $6,793 $7,549
2022 $1,740 $6,578 $6,456 $7,431
2021 $1,350 $5,736 $6,315 $6,768
2020 $1,230 $5,179 $5,662 $6,137
2019 $1,422 $5,304 $5,292 $6,045
2018 $1,284 $4,778 $4,858 $5,232
2017 $1,221 $4,954 $4,593 $4,719
2016 $1,103 $4,604 $4,230 $4,366
2015 $1,106 $4,153 $3,764 $4,125
2014 $1,265 $4,228 $3,735 $3,931
2013 $1,270 $4,001 $3,678 $3,845
2012 $1,169 $3,589 $3,514 $3,590
2011 $1,117 $3,278 $3,319 $3,537
2010 $877 $3,076 $3,095 $3,473
2009 $870 $3,097 $2,907 $3,253
2008 $966 $3,031 $2,818 $3,118
2007 $722 $2,770 $2,892 $3,309
2006 $543 $2,508 $2,754 $3,110
2005 $477 $2,386 $2,659 $3,017
2004 $433 $2,343 $2,566 $2,880
2003 $381 $2,158 $2,539 $2,824
2002 $322 $1,998 $2,566 $2,825
2001 $308 $1,986 $2,394 $2,700
2000 $279.6 $1,862 $2,265 $2,490
1999 $258 $1,747 $2,258 $2,400
1998 $345 $1,687 $2,254 $2,422
1997 $376 $1,659 $2,231 $2,434
1996 $395 $1,505 $2,273 $2,583
1995 $364 $1,401 $2,491 $2,858
1994 $372 $1,466 $2,265 $2,617
1993 $449 $1,795 $2,112 $2,452
1992 $513 $2,075 $1,963 $2,293
1991 $570 $2,382 $1,811 $2,131
1990 $606 $2,544 $1,758 $2,102
1989 - - $1,670 -
1988 - - $1,670 -
1987 - - $1,543 -
1986 - - $1,425 -
1985 - - $1,162 -
1984 - - $1,245 -
1983 - - $1,199 -
1982 - - $1,046 -
1981 - - $969 -
1980 - - $868 -
1979 - - $859 -
1978 - - $771 -
1977 - - $724 -
1976 - - $672 -
1975 - - $638 -
1974 - - $602 -
1973 - - $472 -
1972 - - $416 -
1971 - - $390 -
1970 - - $373 -

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

GeoRank.org/economy/kyrgyzstan/marshall-islands | CC BY

Kyrgyzstan's GDP per capita is $2,420, ranking 150/197, compared to $7,726 in the Marshall Islands, ranking 96/197. Adjusted for purchasing power (GDP per capita PPP), Kyrgyzstan ranks 141st at $8,012, while the Marshall Islands ranks 139th at $8,195.

Economic indicators

Kyrgyzstan Marshall Islands
Gross domestic product
$17.5B
2024
$290M
2024
GDP rank
135/197
2024
193/197
2024
GDP growth
9.04%
2023-2024
2.5%
2023-2024
GDP per capita
$2,420
2024
$7,726
2024
GDP per capita rank
150/197
2024
96/197
2024
GDP per capita, PPP
$8,012
2024
$8,195
2024
GDP per capita PPP rank
141/197
2024
139/197
2024
Government debt
$6.56B
2024
$38.4M
2024
Debt-to-GDP ratio
37.5%
2024
13.2%
2024
Government debt per person
$908
2024
$1,022
2024
Government debt per person rank
144/185
2024
142/185
2024
Average annual personal income after taxes
$4,187
2026
$5,044
2026
Income share by richest 10%
23%
2023
27.5%
2019
Income share by poorest 10%
4.3%
2023
2.8%
2019
Government expenditure, % of GDP
33.7%
2024
71.6%
2024
Consumer prices inflation
5%
2023-2024
5.2%
2023-2024
Central bank interest rate
10%
2025
n/a
Unemployment rate
3.5%
2023
9.82%
2021
Population
7471102
35058

Spending and national debt comparison by year

Kyrgyzstan
Spending

Debt
Marshall Islands
Spending

Debt
1x
Year % of GDP
Kyrgyzstan Marshall Islands
Government spending Government debt Government spending Government debt
2024 33.7% 37.5% 71.6% 13.2%
2023 32.9% 42% 68.4% 18.2%
2022 35% 46.8% 67.7% 19.8%
2021 32.1% 56.2% 69.8% 20.1%
2020 32.1% 63.6% 67.8% 21.7%
2019 30.8% 48.8% 65.5% 25.1%
2018 33.1% 54.8% 60.5% 24.7%
2017 37% 58.8% 63.7% 26.5%
2016 38.9% 59.1% 56.8% 29.2%
2015 38.1% 67.1% 56.3% 33.9%
2014 38.5% 53.6% 49.2% 34.9%
2013 38.1% 47.1% 55% 33.4%
2012 40.6% 50.5% 53.2% 37.6%
2011 37.4% 50.1% 55.9% 35.9%
2010 37.1% 59.7% 59.2% 38.8%
2009 32.5% 58.5% 63.1% 41.2%
2008 27.9% 49% 64.3% 44.1%
2007 29.6% 57.7% 67.2% 42.2%
2006 29.1% 73.4% 61.2% 44.4%
2005 29.1% 85.7% 85.3% 45.8%
2004 28.5% 92.7% 54.5% 46.8%
2003 28.1% 108.2% 52.9% 43.7%
2002 29.3% 107.9% 55.2% 37.2%
2001 28.1% 108.2% 58.8% 32.7%
2000 30.2% 123.3% 56.5% 27.3%
1999 35.9% 119.6% 48.7% 26.1%
1998 35.9% 85.1% 50.5% 18.1%
1997 31.1% 64.8% 55% 8.73%
1996 28.6% 57.7% - -
1995 37.9% 52.4% - -

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/marshall-islands | CC BY

In 2024, Kyrgyzstan's government spending was $5.89B, accounting for 33.7% of its GDP, while the Marshall Islands spent $208M, or 71.6% of GDP.

Debt-to-GDP ratio is 37.5% in Kyrgyzstan and 13.2% in the Marshall Islands, ranking 140/185 and 179/185, respectively.

Government deficit by year

Deficit/surplus
Kyrgyzstan

Marshall Islands
1x
Year Deficit/surplus, % of GDP
Kyrgyzstan Marshall Islands
2024 1.87% 3.61%
2023 1.59% 1.14%
2022 -0.29% 0.68%
2021 -0.71% 0.18%
2020 -3.06% 2.54%
2019 -0.07% -1.8%
2018 -0.59% 2.55%
2017 -3.73% 4.38%
2016 -5.79% 3.88%
2015 -2.52% 2.81%
2014 -3.07% 3.2%
2013 -3.7% -0.23%
2012 -5.86% -0.76%
2011 -4.7% 2.13%
2010 -5.95% 3.51%
2009 0.38% 1.51%
2008 1.92% 3.68%
2007 1.28% 0.27%
2006 -2.1% 0.24%
2005 -3.79% -22.3%
2004 -4.89% -1.6%
2003 -5.17% 10.5%
2002 -5.9% 5.12%
2001 -6.75% 7.83%
2000 -10.7% 7.84%
1999 -13.5% 9.01%
1998 -12% 13.5%
1997 -9.3% 7.91%
1996 -9.1% -
1995 -13.5% -

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

GeoRank.org/economy/kyrgyzstan/marshall-islands | 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 the Marshall Islands' surplus of $10.5M, or 3.61% of GDP.

Over the past 28 years, Kyrgyzstan recorded a fiscal deficit in 23 of those years, while the Marshall Islands ran a deficit in 5 years. On average, Kyrgyzstan posted an annual deficit equal to 3.82% of GDP, compared to surplus of 2.55% of GDP for the Marshall Islands.

Inflation comparison by year

Inflation
Kyrgyzstan

Marshall Islands
1x
Year Consumer prices inflation
Kyrgyzstan Marshall Islands
2024 5% 5.2%
2023 10.8% 7.4%
2022 13.9% 2.8%
2021 11.9% 2.2%
2020 6.3% -0.7%
2019 1.1% -0.1%
2018 1.5% 0.8%
2017 3.2% 0.1%
2016 0.4% -1.5%
2015 6.5% -2.2%
2014 7.5% 1.1%
2013 6.6% 1.9%
2012 2.8% 4.3%
2011 16.6% 5.4%
2010 8% 1.8%
2009 6.8% 0.5%
2008 24.5% 14.7%
2007 10.2% 2.6%
2006 5.6% 5.3%
2005 4.3% 3.5%
2004 4.1% 2%
2003 3% -
2002 2.1% -
2001 6.9% -
2000 19.7% -
1999 35.9% -
1998 10.5% -
1997 23.4% -

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/kyrgyzstan/marshall-islands | CC BY

Over the past 21 years, Kyrgyzstan has recorded an average annual inflation rate of 7.5%, compared with 2.72% in the Marshall Islands. In 2024, inflation was 5% in Kyrgyzstan and 5.2% in the Marshall Islands.

Balance of trade

Kyrgyzstan Marshall Islands
Current account balance
-$5.18B
2022
$76.3M
2021
Current account balance ranking
167/190
2022
70/190
2021
Current account balance, % of GDP
-42.7%
2022
+29.2%
2021
Goods imports
$9.17B
2022
$133M
2021
Goods exports
$2.25B
2022
$121M
2021
Service imports
$1.48B
2022
$73.1M
2021
Service exports
$1.37B
2022
$9.44M
2021
Imports of goods and services, % of GDP
84.2%
2024
81.7%
2024
Exports of goods and services, % of GDP
43.4%
2024
42.1%
2024

Economic freedom indices

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

Kyrgyzstan Marshall Islands
Economic freedom 56 58
Economic freedom ranking 126/197 113/197
Property rights 22.9 n/a
Government integrity 23.9 n/a
Judicial effectiveness 8.3 n/a
Tax burden 93.2 n/a
Government spending 65.6 n/a
Fiscal health 97.2 n/a
Business freedom 58.2 n/a
Labor freedom 52.3 n/a
Monetary freedom 68 n/a
Trade freedom 72.6 n/a
Investment freedom 60 n/a
Financial freedom 50 n/a

Other economic metrics

Kyrgyzstan Marshall Islands
Services, % of GDP
52.1%
2024
67%
2024
Industry, % of GDP
24.7%
2024
13.2%
2024
Agriculture, forestry, and fishing, % of GDP
8.61%
2024
19.6%
2024
GNI, Atlas method
$15.8B
2024
$319M
2024
GNI per capita, PPP
$7,900
2024
$9,680
2024
Total reserves including gold
$5.09B
2024
n/a
Total reserves ranking
100/177
2024
n/a
Net foreign direct investment
-$509M
2022
-$499K
2021
Net inflows of foreign direct investment
$705M
2024
$1.7M
2024
Net outflows of foreign direct investment
$20M
2024
$0
2024
Servicing debt to the IMF, % of GNI
4.74%
2024
n/a
Poverty at national poverty lines
25.7%
2024
7.2%
2019
Gross capital formation, % of GDP
29.8%
2024
20.7%
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/marshall-islands | 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. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1995–1999, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.