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Economy of Kyrgyzstan vs North Macedonia compared: GDP & Debt

Updated on by Georank team

Kyrgyzstan has a GDP of $17.5B compared to $17B for North Macedonia, ranking 135/197 and 138/197 by economy size, respectively.

Kyrgyzstan has $6.56B in government debt (37.5% of GDP), compared to $9.3B (54.8% of GDP) in North Macedonia.

Kyrgyzstan vs North Macedonia GDP by year

Kyrgyzstan
North Macedonia
1x
Year GDP, current $
Kyrgyzstan North Macedonia
2024 $17,478,259,659 $16,951,682,245
2023 $15,180,842,369 $15,855,131,189
2022 $12,134,931,018 $13,932,436,550
2021 $9,249,133,946 $14,000,283,827
2020 $8,270,468,614 $12,361,036,914
2019 $9,371,275,264 $12,606,338,449
2018 $8,271,106,235 $12,683,068,114
2017 $7,702,938,379 $11,307,067,070
2016 $6,813,095,379 $10,672,467,073
2015 $6,678,177,512 $10,064,519,963
2014 $7,468,102,413 $11,362,265,253
2013 $7,335,033,801 $10,817,702,346
2012 $6,605,142,884 $9,745,261,301
2011 $6,197,765,984 $10,494,626,768
2010 $4,794,361,863 $9,407,170,321
2009 $4,690,061,381 $9,401,736,825
2008 $5,139,958,909 $9,909,552,435
2007 $3,802,570,553 $8,336,474,974
2006 $2,834,168,889 $6,861,226,972
2005 $2,460,246,766 $6,258,602,873
2004 $2,211,534,585 $5,682,784,472
2003 $1,919,008,090 $4,946,296,599
2002 $1,605,643,105 $4,018,365,747
2001 $1,525,116,370 $3,709,636,031
2000 $1,369,688,498 $3,772,859,034
1999 $1,249,061,487 $3,863,619,285
1998 $1,645,963,750 $3,765,745,023
1997 $1,767,864,036 $3,912,986,091
1996 $1,827,570,586 $4,642,021,256
1995 $1,661,147,035 $4,707,041,315
1994 $1,681,780,847 $3,559,608,640
1993 $2,026,019,253 $2,682,456,897
1992 $2,315,346,943 $2,436,849,342
1991 $2,542,256,424 $4,938,775,510
1990 $2,660,202,623 $4,699,646,643

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

GeoRank.org/economy/kyrgyzstan/north-macedonia | CC BY

GDP per capita in Kyrgyzstan vs North Macedonia by year

Kyrgyzstan
GDP per capita

GDP per capita, PPP
North Macedonia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kyrgyzstan North Macedonia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,420 $8,012 $9,292 $26,995
2023 $2,138 $7,298 $8,674 $25,354
2022 $1,740 $6,578 $7,606 $24,212
2021 $1,350 $5,736 $7,621 $22,144
2020 $1,230 $5,179 $6,660 $19,962
2019 $1,422 $5,304 $6,719 $20,223
2018 $1,284 $4,778 $6,714 $18,460
2017 $1,221 $4,954 $5,955 $17,161
2016 $1,103 $4,604 $5,598 $16,458
2015 $1,106 $4,153 $5,263 $15,034
2014 $1,265 $4,228 $5,925 $14,485
2013 $1,270 $4,001 $5,626 $13,663
2012 $1,169 $3,589 $5,050 $12,726
2011 $1,117 $3,278 $5,417 $12,421
2010 $877 $3,076 $4,833 $11,992
2009 $870 $3,097 $4,800 $11,532
2008 $966 $3,031 $5,026 $10,924
2007 $722 $2,770 $4,204 $9,639
2006 $543 $2,508 $3,440 $8,888
2005 $477 $2,386 $3,121 $7,972
2004 $433 $2,343 $2,819 $7,229
2003 $381 $2,158 $2,445 $6,608
2002 $322 $1,998 $1,989 $6,395
2001 $308 $1,986 $1,823 $6,051
2000 $279.6 $1,862 $1,862 $6,154
1999 $258 $1,747 $1,915 $5,724
1998 $345 $1,687 $1,876 $5,448
1997 $376 $1,659 $1,960 $5,227
1996 $395 $1,505 $2,307 $5,026
1995 $364 $1,401 $2,355 $4,912
1994 $372 $1,466 $1,786 $4,880
1993 $449 $1,795 $1,337 $4,829
1992 $513 $2,075 $1,199 $5,033
1991 $570 $2,382 $2,402 $5,207
1990 $606 $2,544 $2,277 $5,348

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

GeoRank.org/economy/kyrgyzstan/north-macedonia | CC BY

Kyrgyzstan's GDP per capita is $2,420, ranking 150/197, compared to $9,292 in North Macedonia, ranking 88/197. Adjusted for purchasing power (GDP per capita PPP), Kyrgyzstan ranks 141st at $8,012, while North Macedonia ranks 78th at $26,995.

Economic indicators

Kyrgyzstan North Macedonia
Gross domestic product
$17.5B
2024
$17B
2024
GDP rank
135/197
2024
138/197
2024
GDP growth
9.04%
2023-2024
2.99%
2023-2024
GDP per capita
$2,420
2024
$9,292
2024
GDP per capita rank
150/197
2024
88/197
2024
GDP per capita, PPP
$8,012
2024
$26,995
2024
GDP per capita PPP rank
141/197
2024
78/197
2024
Government debt
$6.56B
2024
$9.3B
2024
Debt-to-GDP ratio
37.5%
2024
54.8%
2024
Government debt per person
$908
2024
$5,095
2024
Government debt per person rank
144/185
2024
77/185
2024
Average annual personal income after taxes
$4,187
2026
$7,534
2026
Income share by richest 10%
23%
2023
22.9%
2019
Income share by poorest 10%
4.3%
2023
1.9%
2019
Government expenditure, % of GDP
33.7%
2024
36.7%
2024
Consumer prices inflation
5%
2023-2024
3.5%
2023-2024
Central bank interest rate
10%
2025
5.35%
2025
Unemployment rate
3.5%
2023
12.3%
2024
Population
7471102
1805954

Spending and national debt comparison by year

Kyrgyzstan
Spending

Debt
North Macedonia
Spending

Debt
1x
Year % of GDP
Kyrgyzstan North Macedonia
Government spending Government debt Government spending Government debt
2024 33.7% 37.5% 36.7% 54.8%
2023 32.9% 42% 35.5% 50.8%
2022 35% 46.8% 35% 50.4%
2021 32.1% 56.2% 35.3% 52.7%
2020 32.1% 63.6% 36.4% 50.8%
2019 30.8% 48.8% 31.4% 40.4%
2018 33.1% 54.8% 30.3% 40.4%
2017 37% 58.8% 31.8% 39.4%
2016 38.9% 59.1% 31.1% 39.7%
2015 38.1% 67.1% 32.2% 38%
2014 38.5% 53.6% 31.7% 38%
2013 38.1% 47.1% 31.7% 34%
2012 40.6% 50.5% 33.3% 33.7%
2011 37.4% 50.1% 31.9% 27.7%
2010 37.1% 59.7% 32.5% 24.3%
2009 32.5% 58.5% 33.6% 23.7%
2008 27.9% 49% 33.8% 20.6%
2007 29.6% 57.7% 31.4% 23.5%
2006 29.1% 73.4% 31.5% 30.6%
2005 29.1% 85.7% 32.5% 36.7%
2004 28.5% 92.7% 34.1% 34.6%
2003 28.1% 108.2% 36% 36.5%
2002 29.3% 107.9% 38.2% 40.5%
2001 28.1% 108.2% 37.4% 45.2%
2000 30.2% 123.3% 32% 45.6%
1999 35.9% 119.6% 33.2% 30.4%
1998 35.9% 85.1% 32.8% 33.1%
1997 31.1% 64.8% 32.9% 29.3%
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/north-macedonia | CC BY

In 2024, Kyrgyzstan's government spending was $5.89B, accounting for 33.7% of its GDP, while North Macedonia spent $6.23B, or 36.7% of GDP.

Debt-to-GDP ratio is 37.5% in Kyrgyzstan and 54.8% in North Macedonia, ranking 140/185 and 96/185, respectively.

Government deficit by year

Deficit/surplus
Kyrgyzstan

North Macedonia
1x
Year Deficit/surplus, % of GDP
Kyrgyzstan North Macedonia
2024 1.87% -4.45%
2023 1.59% -4.61%
2022 -0.29% -5.23%
2021 -0.71% -5.32%
2020 -3.06% -8.05%
2019 -0.07% -1.97%
2018 -0.59% -1.76%
2017 -3.73% -2.73%
2016 -5.79% -2.7%
2015 -2.52% -3.48%
2014 -3.07% -4.19%
2013 -3.7% -3.84%
2012 -5.86% -3.81%
2011 -4.7% -2.47%
2010 -5.95% -2.41%
2009 0.38% -2.63%
2008 1.92% -0.93%
2007 1.28% 0.58%
2006 -2.1% -0.51%
2005 -3.79% 0.21%
2004 -4.89% 0.37%
2003 -5.17% -0.07%
2002 -5.9% -5.24%
2001 -6.75% -5.88%
2000 -10.7% 2.37%
1999 -13.5% 0.03%
1998 -12% -1.63%
1997 -9.3% -0.36%
1996 -9.1% -
1995 -13.5% -

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

GeoRank.org/economy/kyrgyzstan/north-macedonia | 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 North Macedonia's deficit of $754M, or 4.45% of GDP.

Over the past 28 years, Kyrgyzstan recorded a fiscal deficit in 23 of those years, while North Macedonia ran a deficit in 23 years. On average, Kyrgyzstan posted an annual deficit equal to 3.82% of GDP, compared to deficit of 2.52% of GDP for North Macedonia.

Inflation comparison by year

Inflation
Kyrgyzstan

North Macedonia
1x
Year Consumer prices inflation
Kyrgyzstan North Macedonia
2024 5% 3.5%
2023 10.8% 9.4%
2022 13.9% 14.2%
2021 11.9% 3.2%
2020 6.3% 1.2%
2019 1.1% 0.8%
2018 1.5% 1.5%
2017 3.2% 1.4%
2016 0.4% -0.2%
2015 6.5% -0.3%
2014 7.5% -0.3%
2013 6.6% 2.8%
2012 2.8% 3.3%
2011 16.6% 3.9%
2010 8% 1.5%
2009 6.8% -0.7%
2008 24.5% 8.3%
2007 10.2% 2.3%
2006 5.6% 3.2%
2005 4.3% 0.5%
2004 4.1% -0.4%
2003 3% 0.9%
2002 2.1% 1.1%
2001 6.9% 5.2%
2000 19.7% 6.6%
1999 35.9% -1.3%
1998 10.5% 0.5%
1997 23.4% 1.3%

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

GeoRank.org/economy/kyrgyzstan/north-macedonia | CC BY

Over the past 28 years, Kyrgyzstan has recorded an average annual inflation rate of 9.25%, compared with 2.62% in North Macedonia. In 2024, inflation was 5% in Kyrgyzstan and 3.5% in North Macedonia.

Top exports between countries

Kyrgyzstan
Export category Export value
Raw agricultural goods $1.42M
North Macedonia
Export category Export value
Machinery & equipment $76K
Chemicals & pharma $24K
Raw agricultural goods $17K
Miscellaneous $1K

Balance of trade

Kyrgyzstan North Macedonia
Current account balance
-$5.18B
2022
-$356M
2024
Current account balance ranking
167/190
2022
102/190
2024
Current account balance, % of GDP
-42.7%
2022
-2.1%
2024
Goods imports
$9.17B
2022
$10.6B
2024
Goods exports
$2.25B
2022
$7.3B
2024
Service imports
$1.48B
2022
$2.01B
2024
Service exports
$1.37B
2022
$3.16B
2024
Imports of goods and services, % of GDP
84.2%
2024
74.6%
2024
Exports of goods and services, % of GDP
43.4%
2024
61.7%
2024

Economic freedom indices

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

Kyrgyzstan North Macedonia
Economic freedom 56 63.3
Economic freedom ranking 126/197 81/197
Property rights 22.9 56.2
Government integrity 23.9 43.2
Judicial effectiveness 8.3 49.5
Tax burden 93.2 94.9
Government spending 65.6 61.7
Fiscal health 97.2 57.7
Business freedom 58.2 72.2
Labor freedom 52.3 51.4
Monetary freedom 68 69.6
Trade freedom 72.6 77.8
Investment freedom 60 65
Financial freedom 50 60

Economic freedom comparison by year

Kyrgyzstan
North Macedonia
1x
Year Economic freedom index
Kyrgyzstan North Macedonia
2026 56 63.3
2025 55.6 63.2
2024 55.2 61.4
2023 55.8 63.7
2022 55.8 65.7
2021 63.7 68.6
2020 62.9 69.5
2019 62.3 71.1
2018 62.8 71.3
2017 61.1 70.7
2016 59.6 67.5
2015 61.3 67.1
2014 61.1 68.6
2013 59.6 68.2
2012 60.2 68.5
2011 61.1 66
2010 61.3 65.7
2009 61.8 61.2
2008 61.1 61.1
2007 60.2 60.6
2006 61 59.2
2005 56.6 56.1
2004 58 56.8
2003 56.8 60.1
2002 51.7 58
2001 53.7 -
2000 55.7 -
1999 54.8 -
1998 51.8 -

Data sources: The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-03-09).

GeoRank.org/economy/kyrgyzstan/north-macedonia | CC BY

The Economic Freedom Index for Kyrgyzstan is 56, ranking 126/197, compared to 63.3 for North Macedonia, ranking 81/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Kyrgyzstan North Macedonia
Services, % of GDP
52.1%
2024
56.2%
2024
Industry, % of GDP
24.7%
2024
24.1%
2024
Agriculture, forestry, and fishing, % of GDP
8.61%
2024
6.08%
2024
GNI, Atlas method
$15.8B
2024
$15.1B
2024
GNI per capita, PPP
$7,900
2024
$25,610
2024
Total reserves including gold
$5.09B
2024
$5.25B
2024
Total reserves ranking
100/177
2024
97/177
2024
Net foreign direct investment
-$509M
2022
-$1.12B
2024
Net inflows of foreign direct investment
$705M
2024
$1.06B
2024
Net outflows of foreign direct investment
$20M
2024
-$64.9M
2024
Servicing debt to the IMF, % of GNI
4.74%
2024
9.59%
2024
Poverty at national poverty lines
25.7%
2024
22.2%
2022
Gross capital formation, % of GDP
29.8%
2024
30.6%
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/north-macedonia | 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 (1998–2026, 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 (2020–2024, 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.