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Economy of Kyrgyzstan vs Moldova compared: GDP & Debt

Updated on by Georank team

Kyrgyzstan has a GDP of $17.5B compared to $18.2B for Moldova, ranking 135/197 and 134/197 by economy size, respectively.

Kyrgyzstan has $6.56B in government debt (37.5% of GDP), compared to $7.06B (38.8% of GDP) in Moldova.

Kyrgyzstan vs Moldova GDP by year

Kyrgyzstan
Moldova
1x
Year GDP, current $
Kyrgyzstan Moldova
2024 $17,478,259,659 $18,200,340,854
2023 $15,180,842,369 $16,711,906,746
2022 $12,134,931,018 $14,525,337,524
2021 $9,249,133,946 $13,691,869,264
2020 $8,270,468,614 $11,530,746,234
2019 $9,371,275,264 $11,736,797,055
2018 $8,271,106,235 $11,252,353,421
2017 $7,702,938,379 $9,514,404,016
2016 $6,813,095,379 $7,980,917,076
2015 $6,678,177,512 $7,797,667,197
2014 $7,468,102,413 $9,402,090,138
2013 $7,335,033,801 $9,496,717,876
2012 $6,605,142,884 $8,709,138,635
2011 $6,197,765,984 $8,414,352,020
2010 $4,794,361,863 $6,974,982,370
2009 $4,690,061,381 $5,439,434,272
2008 $5,139,958,909 $6,054,824,248
2007 $3,802,570,553 $4,401,173,152
2006 $2,834,168,889 $3,408,255,451
2005 $2,460,246,766 $2,988,342,907
2004 $2,211,534,585 $2,598,249,556
2003 $1,919,008,090 $1,980,907,435
2002 $1,605,643,105 $1,661,818,168
2001 $1,525,116,370 $1,480,673,594
2000 $1,369,688,498 $1,288,429,392
1999 $1,249,061,487 $1,170,782,957
1998 $1,645,963,750 $1,698,717,505
1997 $1,767,864,036 $1,930,081,169
1996 $1,827,570,586 $1,695,122,174
1995 $1,661,147,035 $1,752,999,370
1994 $1,681,780,847 $1,702,314,268
1993 $2,026,019,253 $2,371,813,324
1992 $2,315,346,943 $2,319,243,436
1991 $2,542,256,424 $3,094,565,871
1990 $2,660,202,623 $3,592,857,043

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

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

GDP per capita in Kyrgyzstan vs Moldova by year

Kyrgyzstan
GDP per capita

GDP per capita, PPP
Moldova
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kyrgyzstan Moldova
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,420 $8,012 $7,576 $18,615
2023 $2,138 $7,298 $6,800 $17,747
2022 $1,740 $6,578 $5,744 $16,453
2021 $1,350 $5,736 $5,275 $15,682
2020 $1,230 $5,179 $4,376 $13,527
2019 $1,422 $5,304 $4,405 $13,413
2018 $1,284 $4,778 $4,156 $11,868
2017 $1,221 $4,954 $3,453 $11,252
2016 $1,103 $4,604 $2,847 $10,326
2015 $1,106 $4,153 $2,750 $9,198
2014 $1,265 $4,228 $3,290 $8,643
2013 $1,270 $4,001 $3,321 $8,233
2012 $1,169 $3,589 $3,045 $7,255
2011 $1,117 $3,278 $2,941 $6,833
2010 $877 $3,076 $2,437 $6,323
2009 $870 $3,097 $1,898 $5,827
2008 $966 $3,031 $2,111 $6,153
2007 $722 $2,770 $1,531 $5,590
2006 $543 $2,508 $1,183 $5,271
2005 $477 $2,386 $1,034 $4,866
2004 $433 $2,343 $897 $4,378
2003 $381 $2,158 $682 $3,960
2002 $322 $1,998 $571 $3,633
2001 $308 $1,986 $507 $3,311
2000 $279.6 $1,862 $441 $3,045
1999 $258 $1,747 $399 $2,910
1998 $345 $1,687 $579 $2,965
1997 $376 $1,659 $657 $3,136
1996 $395 $1,505 $575 $3,021
1995 $364 $1,401 $594 $3,146
1994 $372 $1,466 $574 $3,111
1993 $449 $1,795 $797 $4,394
1992 $513 $2,075 $778 $4,337
1991 $570 $2,382 $1,038 $5,980
1990 $606 $2,544 $1,207 $6,895

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

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

Kyrgyzstan's GDP per capita is $2,420, ranking 150/197, compared to $7,576 in Moldova, ranking 99/197. Adjusted for purchasing power (GDP per capita PPP), Kyrgyzstan ranks 141st at $8,012, while Moldova ranks 100th at $18,615.

Economic indicators

Kyrgyzstan Moldova
Gross domestic product
$17.5B
2024
$18.2B
2024
GDP rank
135/197
2024
134/197
2024
GDP growth
9.04%
2023-2024
0.1%
2023-2024
GDP per capita
$2,420
2024
$7,576
2024
GDP per capita rank
150/197
2024
99/197
2024
GDP per capita, PPP
$8,012
2024
$18,615
2024
GDP per capita PPP rank
141/197
2024
100/197
2024
Government debt
$6.56B
2024
$7.06B
2024
Debt-to-GDP ratio
37.5%
2024
38.8%
2024
Government debt per person
$908
2024
$2,938
2024
Government debt per person rank
144/185
2024
102/185
2024
Average annual personal income after taxes
$4,187
2026
$4,291
2026
Income share by richest 10%
23%
2023
22.8%
2023
Income share by poorest 10%
4.3%
2023
4.3%
2023
Government expenditure, % of GDP
33.7%
2024
38%
2024
Consumer prices inflation
5%
2023-2024
4.68%
2023-2024
Central bank interest rate
10%
2025
6%
2025
Unemployment rate
3.5%
2023
1.43%
2024
Population
7471102
2341166

Spending and national debt comparison by year

Kyrgyzstan
Spending

Debt
Moldova
Spending

Debt
1x
Year % of GDP
Kyrgyzstan Moldova
Government spending Government debt Government spending Government debt
2024 33.7% 37.5% 38% 38.8%
2023 32.9% 42% 38.8% 34.9%
2022 35% 46.8% 36.6% 35%
2021 32.1% 56.2% 34.6% 33.6%
2020 32.1% 63.6% 36.7% 36.6%
2019 30.8% 48.8% 32% 28.8%
2018 33.1% 54.8% 31.5% 31.8%
2017 37% 58.8% 31% 34.9%
2016 38.9% 59.1% 30.5% 39.7%
2015 38.1% 67.1% 31.7% 42.1%
2014 38.5% 53.6% 33.8% 35.4%
2013 38.1% 47.1% 32.4% 30%
2012 40.6% 50.5% 33.7% 31.3%
2011 37.4% 50.1% 32.6% 24.2%
2010 37.1% 59.7% 34.1% 25.5%
2009 32.5% 58.5% 45.3% 32.6%
2008 27.9% 49% 41.5% 22.2%
2007 29.6% 57.7% 42.7% 28.3%
2006 29.1% 73.4% 40.3% 35%
2005 29.1% 85.7% 37.1% 40.4%
2004 28.5% 92.7% 34.8% 49.3%
2003 28.1% 108.2% 33.5% 68.1%
2002 29.3% 107.9% 30.7% 80.3%
2001 28.1% 108.2% 29.5% 85.4%
2000 30.2% 123.3% 34% 89.1%
1999 35.9% 119.6% 33% 150.7%
1998 35.9% 85.1% 39.1% 159.4%
1997 31.1% 64.8% 46% 89%
1996 28.6% 57.7% 43.3% 87.5%
1995 37.9% 52.4% 42% 79.5%

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/moldova | CC BY

In 2024, Kyrgyzstan's government spending was $5.89B, accounting for 33.7% of its GDP, while Moldova spent $6.91B, or 38% of GDP.

Debt-to-GDP ratio is 37.5% in Kyrgyzstan and 38.8% in Moldova, ranking 140/185 and 137/185, respectively.

Government deficit by year

Deficit/surplus
Kyrgyzstan

Moldova
1x
Year Deficit/surplus, % of GDP
Kyrgyzstan Moldova
2024 1.87% -3.88%
2023 1.59% -5.13%
2022 -0.29% -3.24%
2021 -0.71% -2.62%
2020 -3.06% -5.32%
2019 -0.07% -1.47%
2018 -0.59% -0.85%
2017 -3.73% -0.65%
2016 -5.79% -1.56%
2015 -2.52% -1.93%
2014 -3.07% -1.6%
2013 -3.7% -1.57%
2012 -5.86% -1.93%
2011 -4.7% -2.05%
2010 -5.95% -2.18%
2009 0.38% -6.38%
2008 1.92% -0.87%
2007 1.28% 0.15%
2006 -2.1% -0.42%
2005 -3.79% 1.44%
2004 -4.89% 0.59%
2003 -5.17% 0.47%
2002 -5.9% -1.18%
2001 -6.75% -0.34%
2000 -10.7% -3.55%
1999 -13.5% -2.64%
1998 -12% -1.52%
1997 -9.3% -7.47%
1996 -9.1% -7.42%
1995 -13.5% -2.58%

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

GeoRank.org/economy/kyrgyzstan/moldova | 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 Moldova's deficit of $707M, or 3.88% of GDP.

Over the past 30 years, Kyrgyzstan recorded a fiscal deficit in 25 of those years, while Moldova ran a deficit in 26 years. On average, Kyrgyzstan posted an annual deficit equal to 4.32% of GDP, compared to deficit of 2.26% of GDP for Moldova.

Inflation comparison by year

Inflation
Kyrgyzstan

Moldova
1x
Year Consumer prices inflation
Kyrgyzstan Moldova
2024 5% 4.68%
2023 10.8% 13.4%
2022 13.9% 28.7%
2021 11.9% 5.11%
2020 6.3% 3.77%
2019 1.1% 4.84%
2018 1.5% 3.05%
2017 3.2% 6.57%
2016 0.4% 6.36%
2015 6.5% 9.68%
2014 7.5% 5.09%
2013 6.6% 4.6%
2012 2.8% 4.55%
2011 16.6% 7.69%
2010 8% 7.48%
2009 6.8% -0.06%
2008 24.5% 12.8%
2007 10.2% 12.4%
2006 5.6% 12.8%
2005 4.3% 12%
2004 4.1% 12.5%
2003 3% 11.7%
2002 2.1% 5.3%
2001 6.9% 9.76%
2000 19.7% 31.3%
1999 35.9% 39.3%
1998 10.5% 7.7%
1997 23.4% 11.8%

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/moldova | CC BY

Over the past 28 years, Kyrgyzstan has recorded an average annual inflation rate of 9.25%, compared with 10.5% in Moldova. In 2024, inflation was 5% in Kyrgyzstan and 4.68% in Moldova.

Top exports between countries

Kyrgyzstan
Export category Export value
Raw agricultural goods $2.4M
Machinery & equipment $1.65M
Metals $124K
Textiles & consumer goods $21K
Precious metals & jewellery $16K
Chemicals & pharma $15K
Processed food, beverages & tobacco $6K
Wood & paper products $3K
Moldova
Export category Export value
Machinery & equipment $3.65M
Chemicals & pharma $1.95M
Raw agricultural goods $1.36M
Raw materials & minerals $655K
Processed food, beverages & tobacco $515K
Textiles & consumer goods $321K
Miscellaneous $100K
Metals $80K
Wood & paper products $10K

Balance of trade

Kyrgyzstan Moldova
Current account balance
-$5.18B
2022
-$3.01B
2024
Current account balance ranking
167/190
2022
156/190
2024
Current account balance, % of GDP
-42.7%
2022
-16.6%
2024
Goods imports
$9.17B
2022
$8.63B
2024
Goods exports
$2.25B
2022
$3.01B
2024
Service imports
$1.48B
2022
$1.8B
2024
Service exports
$1.37B
2022
$2.73B
2024
Imports of goods and services, % of GDP
84.2%
2024
57.3%
2024
Exports of goods and services, % of GDP
43.4%
2024
31.4%
2024

Economic freedom indices

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

Kyrgyzstan Moldova
Economic freedom 56 58.1
Economic freedom ranking 126/197 112/197
Property rights 22.9 40.4
Government integrity 23.9 45.1
Judicial effectiveness 8.3 32.4
Tax burden 93.2 87.9
Government spending 65.6 57.2
Fiscal health 97.2 70.3
Business freedom 58.2 68.3
Labor freedom 52.3 48.1
Monetary freedom 68 66
Trade freedom 72.6 76.8
Investment freedom 60 55
Financial freedom 50 50

Economic freedom comparison by year

Kyrgyzstan
Moldova
1x
Year Economic freedom index
Kyrgyzstan Moldova
2026 56 58.1
2025 55.6 58.3
2024 55.2 57.1
2023 55.8 58.5
2022 55.8 61.3
2021 63.7 62.5
2020 62.9 62
2019 62.3 59.1
2018 62.8 58.4
2017 61.1 58
2016 59.6 57.4
2015 61.3 57.5
2014 61.1 57.3
2013 59.6 55.5
2012 60.2 54.4
2011 61.1 55.7
2010 61.3 53.7
2009 61.8 54.9
2008 61.1 57.9
2007 60.2 58.7
2006 61 58
2005 56.6 57.4
2004 58 57.1
2003 56.8 60
2002 51.7 57.4
2001 53.7 54.9
2000 55.7 59.6
1999 54.8 56.1
1998 51.8 53.5
1997 - 48.9
1996 - 52.5
1995 - 33

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

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

The Economic Freedom Index for Kyrgyzstan is 56, ranking 126/197, compared to 58.1 for Moldova, ranking 112/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Kyrgyzstan Moldova
Services, % of GDP
52.1%
2024
62.3%
2024
Industry, % of GDP
24.7%
2024
16.8%
2024
Agriculture, forestry, and fishing, % of GDP
8.61%
2024
7.11%
2024
GNI, Atlas method
$15.8B
2024
$16.5B
2024
GNI per capita, PPP
$7,900
2024
$18,710
2024
Total reserves including gold
$5.09B
2024
$5.48B
2024
Total reserves ranking
100/177
2024
96/177
2024
Net foreign direct investment
-$509M
2022
-$360M
2024
Net inflows of foreign direct investment
$705M
2024
$458M
2024
Net outflows of foreign direct investment
$20M
2024
$98.4M
2024
Servicing debt to the IMF, % of GNI
4.74%
2024
6.22%
2024
Poverty at national poverty lines
25.7%
2024
31.6%
2023
Gross capital formation, % of GDP
29.8%
2024
21.1%
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/moldova | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, 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. 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.