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Economy of Kyrgyzstan vs Namibia compared: GDP & Debt

Updated on by Georank team

Kyrgyzstan has a GDP of $17.5B compared to $13.4B for Namibia, ranking 135/197 and 147/197 by economy size, respectively.

Kyrgyzstan has $6.4B in government debt (38.5% of GDP), compared to $9.05B (63.9% of GDP) in Namibia.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Kyrgyzstan
GDP, current $

GDP, constant 2015 $
Namibia
GDP, current $

GDP, constant 2015 $
Year GDP
Kyrgyzstan Namibia
Current $ Constant $ Current $ Constant $
1980 - - $2,421,990,338 $3,477,739,161
1981 - - $2,249,908,578 $3,511,523,641
1982 - - $2,118,710,248 $3,497,544,590
1983 - - $2,297,400,688 $3,433,768,600
1984 - - $1,951,260,038 $3,425,634,294
1985 - - $1,608,237,350 $3,441,535,104
1986 - $4,159,487,047 $1,809,048,527 $3,605,602,363
1987 - $4,296,748,804 $2,300,068,217 $3,733,737,147
1988 - $4,863,920,938 $2,495,094,746 $3,764,097,991
1989 - $4,999,612,218 $2,535,135,798 $3,834,060,338
1990 $2,660,202,623 $5,284,729,935 $2,789,921,854 $3,912,561,187
1991 $2,542,256,424 $4,864,914,940 $2,996,869,281 $4,232,045,773
1992 $2,315,346,943 $4,191,715,901 $3,429,521,699 $4,536,302,039
1993 $2,026,019,253 $3,543,704,782 $3,251,188,833 $4,464,649,372
1994 $1,681,780,847 $2,831,946,048 $3,666,503,530 $4,541,882,426
1995 $1,661,147,035 $2,678,346,337 $3,978,514,206 $4,718,971,067
1996 $1,827,570,586 $2,868,093,848 $3,989,163,197 $4,869,568,738
1997 $1,767,864,036 $3,152,472,635 $4,154,989,950 $5,075,069,423
1998 $1,645,963,750 $3,219,362,911 $3,873,109,866 $5,242,119,678
1999 $1,249,061,487 $3,337,056,039 $3,868,551,730 $5,418,741,286
2000 $1,369,688,498 $3,518,703,233 $3,922,232,165 $5,607,973,667
2001 $1,525,116,370 $3,705,955,298 $3,557,341,215 $5,674,032,720
2002 $1,605,643,105 $3,705,313,255 $3,349,169,826 $5,945,742,924
2003 $1,919,008,090 $3,965,807,641 $4,926,439,384 $6,197,830,194
2004 $2,211,534,585 $4,244,477,505 $6,609,205,995 $6,958,275,951
2005 $2,460,246,766 $4,237,027,793 $7,248,374,838 $7,134,269,026
2006 $2,834,168,889 $4,368,498,476 $8,001,779,551 $7,638,888,382
2007 $3,802,570,553 $4,741,693,830 $8,839,536,476 $8,049,405,616
2008 $5,139,958,909 $5,140,072,740 $8,607,431,497 $8,262,699,735
2009 $4,690,061,381 $5,288,430,380 $8,938,847,189 $8,287,154,923
2010 $4,794,361,863 $5,263,491,909 $11,431,412,421 $8,787,636,884
2011 $6,197,765,984 $5,576,999,925 $12,523,359,441 $9,235,045,192
2012 $6,605,142,884 $5,572,083,788 $13,042,053,592 $9,702,493,818
2013 $7,335,033,801 $6,180,302,892 $12,043,307,277 $10,247,261,643
2014 $7,468,102,413 $6,429,000,668 $12,435,430,970 $10,871,578,022
2015 $6,678,177,512 $6,678,177,512 $11,335,161,084 $11,335,161,084
2016 $6,813,095,379 $6,967,733,667 $10,722,018,732 $11,338,991,739
2017 $7,702,938,379 $7,297,999,869 $12,895,153,371 $11,222,512,163
2018 $8,271,106,235 $7,572,252,145 $13,682,019,076 $11,341,464,002
2019 $9,371,275,264 $7,920,623,120 $12,541,928,303 $11,246,291,862
2020 $8,270,468,614 $7,354,379,549 $10,583,748,542 $10,335,184,546
2021 $9,249,133,946 $7,759,385,792 $12,402,486,184 $10,707,646,944
2022 $12,134,931,018 $8,455,209,117 $12,569,449,123 $11,285,723,331
2023 $15,180,842,369 $9,217,301,874 $12,408,271,448 $11,787,126,129
2024 $17,478,259,659 $10,050,558,458 $13,372,354,269 $12,224,610,616

Economic indicators

Kyrgyzstan Namibia
Gross domestic product
$17.5B
2024
$13.4B
2024
GDP rank
135/197
2024
147/197
2024
GDP growth
15.1%
2023-2024
7.77%
2023-2024
GDP per capita
$2,419
2024
$4,413
2024
GDP per capita rank
149/197
2024
126/197
2024
GDP per capita, PPP
$8,009
2024
$11,687
2024
Government debt
$6.4B
2024
$9.05B
2024
Debt-to-GDP ratio
38.5%
2025
63.9%
2025
Government debt per person
$887
2024
$2,988
2024
Government debt per person rank
145/185
2024
100/185
2024
Average annual personal income after taxes
$4,925
2025
$7,325
2025
Market capitalization of domestic companies n/a
$2.48B
2024
Income share by richest 10%
23%
2023
47.2%
2015
Income share by poorest 10%
4.3%
2023
1%
2015
Government expenditure, % of GDP
35.5%
2025
39.3%
2025
Consumer prices inflation
8%
2024-2025
3.7%
2024-2025
Central bank interest rate
9.25%
2024
6.75%
2025
Unemployment rate
3.5%
2023
19.9%
2018
Population
7419369
3141364

GDP per capita in Kyrgyzstan vs Namibia

Kyrgyzstan's GDP per capita is $2,419, ranking 149/197, compared to $4,413 in Namibia, ranking 126/197. Adjusted for purchasing power (GDP per capita PPP), Kyrgyzstan ranks 139th at $8,009, while Namibia ranks 126th at $11,687.

Kyrgyzstan
GDP per capita

GDP per capita, PPP
Namibia
GDP per capita

GDP per capita, PPP
Year Current $
Kyrgyzstan Namibia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1980 - - $2,468 -
1981 - - $2,267 -
1982 - - $2,097 -
1983 - - $2,214 -
1984 - - $1,830 -
1985 - - $1,466 -
1986 - - $1,599 -
1987 - - $1,969 -
1988 - - $2,063 -
1989 - - $1,967 -
1990 $606 $2,544 $2,037 $3,875
1991 $570 $2,382 $2,117 $4,192
1992 $513 $2,075 $2,347 $4,452
1993 $449 $1,795 $2,155 $4,345
1994 $372 $1,466 $2,356 $4,376
1995 $364 $1,401 $2,483 $4,509
1996 $395 $1,505 $2,423 $4,612
1997 $376 $1,659 $2,460 $4,764
1998 $345 $1,687 $2,235 $4,852
1999 $258 $1,747 $2,178 $4,961
2000 $279.6 $1,862 $2,157 $5,129
2001 $308 $1,986 $1,916 $5,196
2002 $322 $1,998 $1,772 $5,433
2003 $381 $2,158 $2,569 $5,693
2004 $433 $2,343 $3,403 $6,480
2005 $477 $2,386 $3,686 $6,767
2006 $543 $2,508 $4,017 $7,374
2007 $722 $2,770 $4,379 $7,875
2008 $966 $3,031 $4,205 $8,125
2009 $870 $3,097 $4,303 $8,079
2010 $877 $3,076 $5,418 $8,538
2011 $1,117 $3,278 $5,835 $9,002
2012 $1,169 $3,589 $5,943 $9,364
2013 $1,270 $4,001 $5,347 $9,699
2014 $1,265 $4,228 $5,378 $10,365
2015 $1,106 $4,153 $4,774 $10,466
2016 $1,103 $4,604 $4,396 $10,200
2017 $1,221 $4,954 $5,144 $9,888
2018 $1,284 $4,778 $5,309 $9,854
2019 $1,422 $5,304 $4,732 $9,609
2020 $1,230 $5,179 $3,879 $9,354
2021 $1,350 $5,736 $4,413 $9,709
2022 $1,740 $6,578 $4,350 $10,663
2023 $2,138 $7,298 $4,188 $11,251
2024 $2,419 $8,009 $4,413 $11,687

Spending and national debt comparison

In 2024, Kyrgyzstan's government spending was $5.89B, accounting for 35.5% of its GDP, while Namibia's spent $5.34B, or 39.3% of GDP.

Debt-to-GDP ratio is 38.5% in Kyrgyzstan and 63.9% in Namibia, ranking 139/185 and 70/185, respectively.

Kyrgyzstan
Government spending

Government debt
Namibia
Government spending

Government debt
Year % of GDP
Kyrgyzstan Namibia
Government spending Government debt Government spending Government debt
1990 - - 30.2% 12.9%
1991 - - 33% 11.8%
1992 - - 32.8% 14.1%
1993 - - 32.4% 17.2%
1994 - - 28.7% 16.4%
1995 37.9% 52.4% 29.6% 18%
1996 28.6% 57.7% 30.4% 18.7%
1997 31.1% 64.8% 30.9% 17.7%
1998 35.9% 85.1% 31.3% 19.6%
1999 35.9% 119.6% 31.8% 21.8%
2000 30.2% 123.3% 30.1% 20.9%
2001 28.1% 108.2% 30.7% 24.4%
2002 29.3% 107.9% 29.8% 22.2%
2003 28.1% 108.2% 31.1% 27.1%
2004 28.5% 92.7% 28.4% 29.2%
2005 29.1% 85.7% 27.7% 26.9%
2006 29.1% 73.4% 27.4% 26.1%
2007 29.6% 57.7% 26.1% 19.4%
2008 27.9% 49% 28.4% 19.1%
2009 32.5% 58.5% 32% 15.9%
2010 37.1% 59.7% 33.5% 16.3%
2011 37.4% 50.1% 38.5% 27.4%
2012 40.6% 50.5% 35% 24.6%
2013 38.1% 47.1% 38.3% 26.1%
2014 38.5% 53.6% 41.8% 27.6%
2015 38.1% 67.1% 43.7% 42.1%
2016 38.9% 59.1% 41.8% 45.8%
2017 37% 58.8% 38.1% 43.8%
2018 33.1% 54.8% 36.3% 48.7%
2019 30.8% 48.8% 37.4% 57.6%
2020 32.1% 63.6% 41.5% 64.3%
2021 32.1% 56.2% 39.3% 69.6%
2022 35% 46.8% 36.6% 69.4%
2023 32.9% 42% 37% 67.2%
2024 33.7% 36.6% 39.9% 67.7%
2025 35.5% 38.5% 39.3% 63.9%

Government deficit by year

In 2024, Kyrgyzstan's government surplus, the difference between spending and revenue, was $327M, equivalent to 1.87% of GDP. This compares to Namibia's deficit of -$480M, or -3.59% of GDP.

Over the past 30 years, Kyrgyzstan recorded a fiscal deficit in 25 of those years, while Namibia ran a deficit in 27 years. On average, Kyrgyzstan posted an annual deficit equal to -4.32% of GDP, compared to deficit of -3.36% of GDP for Namibia.

Deficit/surplus
Kyrgyzstan

Namibia
Year Deficit/surplus, % of GDP
Kyrgyzstan Namibia
1990 - 1.08%
1991 - -1.59%
1992 - -2.55%
1993 - -2.73%
1994 - -0.57%
1995 -13.5% -1.74%
1996 -9.1% -3.7%
1997 -9.3% -2.38%
1998 -12% -2.76%
1999 -13.5% -1.88%
2000 -10.7% -0.79%
2001 -6.75% -2.01%
2002 -5.9% -1.38%
2003 -5.17% -4.47%
2004 -4.89% -2.67%
2005 -3.79% -0.31%
2006 -2.1% 3.41%
2007 1.28% 6.01%
2008 1.92% 3.48%
2009 0.38% -0.4%
2010 -5.95% -4.98%
2011 -4.7% -7.09%
2012 -5.86% -3.1%
2013 -3.7% -4.69%
2014 -3.07% -6.44%
2015 -2.52% -8.3%
2016 -5.79% -9.3%
2017 -3.73% -4.99%
2018 -0.59% -5.09%
2019 -0.07% -5.49%
2020 -3.06% -8.07%
2021 -0.71% -8.68%
2022 -0.29% -6.33%
2023 1.59% -3.14%
2024 1.87% -3.59%
2025 -3.4% -5.24%

Inflation comparison by year

Over the past 30 years, Kyrgyzstan has recorded an average annual inflation rate of 9.97%, compared with 6.29% in Namibia. In 2025, inflation was 8% in Kyrgyzstan and 3.7% in Namibia.

Inflation
Kyrgyzstan

Namibia
Year Inflation
Kyrgyzstan Namibia Kyrgyzstan Namibia
1996 31.9% 8.7%
1997 23.4% 9.7%
1998 10.5% 6.6%
1999 35.9% 9.4%
2000 19.7% 10.2%
2001 6.9% 10.2%
2002 2.1% 12.7%
2003 3% 7.2%
2004 4.1% 4.1%
2005 4.3% 2.3%
2006 5.6% 5%
2007 10.2% 6.5%
2008 24.5% 9.1%
2009 6.8% 9.5%
2010 8% 4.9%
2011 16.6% 5%
2012 2.8% 6.7%
2013 6.6% 5.6%
2014 7.5% 5.3%
2015 6.5% 3.4%
2016 0.4% 6.7%
2017 3.2% 6.1%
2018 1.5% 4.3%
2019 1.1% 3.7%
2020 6.3% 2.2%
2021 11.9% 3.6%
2022 13.9% 6.1%
2023 10.8% 5.9%
2024 5% 4.2%
2025 8% 3.7%

Balance of trade

Kyrgyzstan Namibia
Current account balance
-$5.18B
2022
-$1.92B
2024
Current account balance ranking
167/189
2022
140/189
2024
Current account balance, % of GDP
-42.7%
2022
-14.4%
2024
Goods imports
$9.17B
2022
$6.77B
2024
Goods exports
$2.25B
2022
$4.67B
2024
Service imports
$1.48B
2022
$2.47B
2024
Service exports
$1.37B
2022
$1.29B
2024
Imports of goods and services, % of GDP
95.5%
2023
68%
2024
Exports of goods and services, % of GDP
36.9%
2023
41.6%
2024

Economic freedom indices

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

Kyrgyzstan Namibia
Economic freedom 55.6 58.7
Economic freedom ranking 127/197 104/197
Property rights 21.7 65
Government integrity 23.3 51.2
Judicial effectiveness 10.2 67.3
Tax burden 92.5 69.4
Government spending 64.8 57.9
Fiscal health 95.9 34.2
Business freedom 58.7 61.9
Labor freedom 52.9 62.9
Monetary freedom 63.4 74.9
Trade freedom 73.6 70
Investment freedom 60 50
Financial freedom 50 40

Economic freedom by year comparison

The Economic Freedom Index for Kyrgyzstan is 55.6, ranking 127/197, compared to 58.7 for Namibia, ranking 104/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Kyrgyzstan
Namibia
Year Economic freedom index
Kyrgyzstan Namibia
1997 - 61.6
1998 51.8 66.1
1999 54.8 66.1
2000 55.7 66.7
2001 53.7 64.8
2002 51.7 65.1
2003 56.8 67.3
2004 58 62.4
2005 56.6 61.4
2006 61 60.7
2007 60.2 63.5
2008 61.1 61.4
2009 61.8 62.4
2010 61.3 62.2
2011 61.1 62.7
2012 60.2 61.9
2013 59.6 60.3
2014 61.1 59.4
2015 61.3 59.6
2016 59.6 61.9
2017 61.1 62.5
2018 62.8 58.5
2019 62.3 58.7
2020 62.9 60.9
2021 63.7 62.6
2022 55.8 59.2
2023 55.8 57.7
2024 55.2 57.5
2025 55.6 58.7

More economic indicators

Kyrgyzstan Namibia
Services, % of GDP
52.1%
2024
54.5%
2024
Industry, % of GDP
24.7%
2024
28.9%
2024
Agriculture, forestry, and fishing, % of GDP
8.61%
2024
7.29%
2024
GNI, Atlas method
$15.5B
2024
$12.8B
2024
GNI per capita, PPP
$7,740
2024
$11,300
2024
Total reserves including gold
$5.09B
2024
$3.36B
2024
Total reserves ranking
100/177
2024
115/177
2024
Net foreign direct investment
-$509M
2022
-$1.92B
2024
Net inflows of foreign direct investment
$705M
2024
$1.96B
2024
Net outflows of foreign direct investment
$20M
2024
$46.1M
2024
Servicing debt to the IMF, % of GNI
7.87%
2023
n/a
Poverty at national poverty lines
25.7%
2024
17.4%
2015
Gross capital formation, % of GDP
34.5%
2023
25.6%
2024

GDP per capita map

GDP per capita

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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.