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Economy of Kyrgyzstan vs Norway compared: GDP & Debt

Updated on by Georank team

Kyrgyzstan has a GDP of $17.5B compared to $484B for Norway, ranking 135/197 and 32/197 by economy size, respectively.

Kyrgyzstan has $6.56B in government debt (37.5% of GDP), compared to $207B (42.7% of GDP) in Norway.

Kyrgyzstan vs Norway GDP by year

Kyrgyzstan
Norway
1x
Year GDP, current $
Kyrgyzstan Norway
2024 $17,478,259,659 $483,592,648,313
2023 $15,180,842,369 $482,949,731,777
2022 $12,134,931,018 $596,297,651,036
2021 $9,249,133,946 $503,367,986,030
2020 $8,270,468,614 $367,633,418,887
2019 $9,371,275,264 $408,742,840,909
2018 $8,271,106,235 $439,788,625,884
2017 $7,702,938,379 $401,745,275,035
2016 $6,813,095,379 $370,956,547,619
2015 $6,678,177,512 $388,159,512,246
2014 $7,468,102,413 $501,736,471,833
2013 $7,335,033,801 $526,014,468,085
2012 $6,605,142,884 $512,777,309,841
2011 $6,197,765,984 $501,360,549,669
2010 $4,794,361,863 $431,052,143,940
2009 $4,690,061,381 $387,976,400,617
2008 $5,139,958,909 $464,917,553,191
2007 $3,802,570,553 $402,643,260,488
2006 $2,834,168,889 $346,915,160,682
2005 $2,460,246,766 $309,978,579,744
2004 $2,211,534,585 $265,268,662,473
2003 $1,919,008,090 $229,385,469,337
2002 $1,605,643,105 $195,914,852,576
2001 $1,525,116,370 $174,239,354,071
2000 $1,369,688,498 $171,457,201,936
1999 $1,249,061,487 $162,383,706,021
1998 $1,645,963,750 $154,230,295,158
1997 $1,767,864,036 $161,356,631,888
1996 $1,827,570,586 $163,520,109,151
1995 $1,661,147,035 $152,029,612,325
1994 $1,681,780,847 $127,131,319,429
1993 $2,026,019,253 $120,579,213,713
1992 $2,315,346,943 $130,838,040,068
1991 $2,542,256,424 $121,872,464,483
1990 $2,660,202,623 $119,791,843,060
1989 - $102,633,934,391
1988 - $101,900,260,856
1987 - $94,229,907,236
1986 - $78,693,118,044
1985 - $65,416,879,914
1984 - $62,057,955,033
1983 - $61,627,240,831
1982 - $62,647,195,538
1981 - $63,596,654,761
1980 - $64,439,382,896
1979 - $53,132,244,624
1978 - $46,522,900,254
1977 - $41,508,030,431
1976 - $35,942,270,686
1975 - $32,877,805,200
1974 - $27,145,693,810
1973 - $22,534,253,703
1972 - $17,358,610,850
1971 - $14,583,114,840
1970 - $12,814,123,115
1969 - $11,136,187,440
1968 - $10,227,087,165
1967 - $9,577,383,653
1966 - $8,753,940,267
1965 - $8,111,945,661
1964 - $7,206,522,122
1963 - $6,553,269,536
1962 - $6,107,076,929
1961 - $5,669,689,210
1960 - $5,197,398,721

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Kyrgyzstan vs Norway by year

Kyrgyzstan
GDP per capita

GDP per capita, PPP
Norway
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kyrgyzstan Norway
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,420 $8,012 $86,785 $102,038
2023 $2,138 $7,298 $87,497 $103,638
2022 $1,740 $6,578 $109,270 $125,490
2021 $1,350 $5,736 $93,073 $88,984
2020 $1,230 $5,179 $68,340 $67,111
2019 $1,422 $5,304 $76,431 $70,940
2018 $1,284 $4,778 $82,793 $70,254
2017 $1,221 $4,954 $76,132 $64,590
2016 $1,103 $4,604 $70,867 $59,280
2015 $1,106 $4,153 $74,810 $60,738
2014 $1,265 $4,228 $97,667 $66,332
2013 $1,270 $4,001 $103,554 $67,378
2012 $1,169 $3,589 $102,176 $65,774
2011 $1,117 $3,278 $101,222 $62,460
2010 $877 $3,076 $88,163 $58,213
2009 $870 $3,097 $80,348 $55,648
2008 $966 $3,031 $97,504 $62,073
2007 $722 $2,770 $85,502 $56,179
2006 $543 $2,508 $74,434 $54,358
2005 $477 $2,386 $67,047 $47,967
2004 $433 $2,343 $57,769 $42,667
2003 $381 $2,158 $50,250 $38,680
2002 $322 $1,998 $43,171 $38,056
2001 $308 $1,986 $38,602 $37,829
2000 $279.6 $1,862 $38,178 $36,994
1999 $258 $1,747 $36,393 $30,574
1998 $345 $1,687 $34,803 $28,200
1997 $376 $1,659 $36,629 $28,610
1996 $395 $1,505 $37,322 $26,826
1995 $364 $1,401 $34,876 $24,360
1994 $372 $1,466 $29,316 $23,027
1993 $449 $1,795 $27,964 $21,584
1992 $513 $2,075 $30,524 $20,623
1991 $570 $2,382 $28,597 $19,580
1990 $606 $2,544 $28,243 $18,461
1989 - - $24,281 -
1988 - - $24,207 -
1987 - - $22,506 -
1986 - - $18,883 -
1985 - - $15,754 -
1984 - - $14,989 -
1983 - - $14,928 -
1982 - - $15,225 -
1981 - - $15,513 -
1980 - - $15,772 -
1979 - - $13,047 -
1978 - - $11,463 -
1977 - - $10,266 -
1976 - - $8,927 -
1975 - - $8,204 -
1974 - - $6,812 -
1973 - - $5,690 -
1972 - - $4,414 -
1971 - - $3,736 -
1970 - - $3,306 -
1969 - - $2,894 -
1968 - - $2,680 -
1967 - - $2,531 -
1966 - - $2,333 -
1965 - - $2,179 -
1964 - - $1,951 -
1963 - - $1,787 -
1962 - - $1,678 -
1961 - - $1,571 -
1960 - - $1,451 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Kyrgyzstan's GDP per capita is $2,420, ranking 150/197, compared to $86,785 in Norway, ranking 8/197. Adjusted for purchasing power (GDP per capita PPP), Kyrgyzstan ranks 141st at $8,012, while Norway ranks 7th at $102,038.

Economic indicators

Kyrgyzstan Norway
Gross domestic product
$17.5B
2024
$484B
2024
GDP rank
135/197
2024
32/197
2024
GDP growth
9.04%
2023-2024
2.1%
2023-2024
GDP per capita
$2,420
2024
$86,785
2024
GDP per capita rank
150/197
2024
8/197
2024
GDP per capita, PPP
$8,012
2024
$102,038
2024
GDP per capita PPP rank
141/197
2024
7/197
2024
Government debt
$6.56B
2024
$207B
2024
Debt-to-GDP ratio
37.5%
2024
42.7%
2024
Government debt per person
$908
2024
$37,074
2024
Government debt per person rank
144/185
2024
17/185
2024
Average annual personal income after taxes
$4,187
2026
$49,765
2026
Market capitalization of domestic companies n/a
$296B
2019
Number of millionaires n/a
348,000
2025
Number of billionaires n/a
17
2025
Income share by richest 10%
23%
2023
21.6%
2023
Income share by poorest 10%
4.3%
2023
3.6%
2023
Government expenditure, % of GDP
33.7%
2024
48.5%
2024
Consumer prices inflation
5%
2023-2024
3.15%
2023-2024
Central bank interest rate
10%
2025
4%
2025
Unemployment rate
3.5%
2023
3.98%
2024
Population
7471102
5671119

Spending and national debt comparison by year

Kyrgyzstan
Spending

Debt
Norway
Spending

Debt
1x
Year % of GDP
Kyrgyzstan Norway
Government spending Government debt Government spending Government debt
2024 33.7% 37.5% 48.5% 42.7%
2023 32.9% 42% 45.9% 44.1%
2022 35% 46.8% 37.5% 36.1%
2021 32.1% 56.2% 46.3% 41.6%
2020 32.1% 63.6% 56.7% 46%
2019 30.8% 48.8% 50.2% 40.5%
2018 33.1% 54.8% 47.7% 39.3%
2017 37% 58.8% 49.2% 38.2%
2016 38.9% 59.1% 50.4% 37.9%
2015 38.1% 67.1% 48.2% 34.3%
2014 38.5% 53.6% 45.2% 29.6%
2013 38.1% 47.1% 43.5% 31.4%
2012 40.6% 50.5% 42.4% 30.9%
2011 37.4% 50.1% 43.3% 29.6%
2010 37.1% 59.7% 44.5% 43%
2009 32.5% 58.5% 45.6% 42.5%
2008 27.9% 49% 39.8% 47.5%
2007 29.6% 57.7% 41% 49.5%
2006 29.1% 73.4% 40.5% 52.6%
2005 29.1% 85.7% 41.8% 42.3%
2004 28.5% 92.7% 44.7% 43.8%
2003 28.1% 108.2% 47.6% 43.1%
2002 29.3% 107.9% 46.1% 33.9%
2001 28.1% 108.2% 43.2% 27.2%
2000 30.2% 123.3% 41.3% 28.7%
1999 35.9% 119.6% 46.4% 25%
1998 35.9% 85.1% 47.8% 23.6%
1997 31.1% 64.8% 45.5% 25.8%
1996 28.6% 57.7% 47% 28.4%
1995 37.9% 52.4% 49.3% 32.7%
1994 - - 49.4% 50.6%
1993 - - 50.2% 53.7%
1992 - - 51.3% 45%
1991 - - 50% 39.2%
1990 - - 48.9% 28.9%
1989 - - 52.2% 30.4%
1988 - - 52.6% 30.5%
1987 - - 50.5% 31.3%
1986 - - 48.1% 37.8%
1985 - - 44% 30.2%
1984 - - 44.5% 27.8%
1983 - - 46.4% 27.4%
1982 - - 46.6% 29.7%
1981 - - 46.1% 32.9%
1980 - - 46.1% 36.8%
1979 - - 47.2% 39.6%
1978 - - 47.9% 49.9%
1977 - - 46.5% 43.8%
1976 - - 45.2% 38.5%
1975 - - 43.5% 36.7%
1974 - - 42.2% 35.4%
1973 - - 42.3% 37.7%
1972 - - 42.2% 38.9%
1971 - - 40.7% 38.5%
1970 - - 38.9% 38.6%
1969 - - 38% 22.3%
1968 - - 36.2% 22.5%
1967 - - 34.9% 22.6%
1966 - - 33.5% 22.4%
1965 - - 32.9% 23%
1964 - - 32% 24.2%
1963 - - 31.9% 25.3%
1962 - - 30.6% 26.7%
1961 - - 20.4% 27.7%
1960 - - 18% 29.8%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

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

In 2024, Kyrgyzstan's government spending was $5.89B, accounting for 33.7% of its GDP, while Norway spent $234B, or 48.5% of GDP.

Debt-to-GDP ratio is 37.5% in Kyrgyzstan and 42.7% in Norway, ranking 140/185 and 127/185, respectively.

Government deficit by year

Deficit/surplus
Kyrgyzstan

Norway
1x
Year Deficit/surplus, % of GDP
Kyrgyzstan Norway
2024 1.87% 13.2%
2023 1.59% 16.6%
2022 -0.29% 25.5%
2021 -0.71% 10.3%
2020 -3.06% -2.56%
2019 -0.07% 6.52%
2018 -0.59% 7.81%
2017 -3.73% 4.96%
2016 -5.79% 4.04%
2015 -2.52% 5.99%
2014 -3.07% 8.57%
2013 -3.7% 10.6%
2012 -5.86% 13.7%
2011 -4.7% 13.3%
2010 -5.95% 10.9%
2009 0.38% 10.2%
2008 1.92% 18.5%
2007 1.28% 17%
2006 -2.1% 17.9%
2005 -3.79% 14.7%
2004 -4.89% 10.8%
2003 -5.17% 7.2%
2002 -5.9% 9.03%
2001 -6.75% 13.2%
2000 -10.7% 15%
1999 -13.5% 5.71%
1998 -12% 3.07%
1997 -9.3% 7.35%
1996 -9.1% 6.01%
1995 -13.5% 2.96%
1994 - 0.04%
1993 - -1.64%
1992 - -2.07%
1991 - -0.12%
1990 - 1.95%
1989 - 1.81%
1988 - 2.65%
1987 - 4.56%
1986 - 5.87%
1985 - 9.84%
1984 - 6.97%
1983 - 6.03%
1982 - 3.96%
1981 - 4.82%
1980 - 5.38%
1979 - 2.16%
1978 - 0.94%
1977 - 1.01%
1976 - 2.2%
1975 - 2.88%
1974 - 4.06%
1973 - 4.99%
1972 - 3.93%
1971 - 3.71%
1970 - 2.83%
1969 - 3.57%
1968 - 3.38%
1967 - 4.19%
1966 - 3.59%
1965 - 2.78%
1964 - 3.08%
1963 - 2.6%
1962 - 4%
1961 - -0.7%
1960 - 1.42%
1959 - 1.89%
1958 - 1.7%
1957 - 1.55%
1956 - 1.22%
1955 - 0.82%
1954 - -0.54%
1953 - 1.3%
1952 - 2.15%
1951 - 1.59%
1950 - -0.89%
1949 - -0.72%
1948 - -0.35%
1947 - -4.66%
1946 - -3.82%
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -0.54%
1938 - 0.03%
1937 - -0.16%
1936 - -0.7%
1935 - -1.1%
1934 - -0.59%
1933 - -1.29%
1932 - -1.14%
1931 - -1.15%
1930 - -0.46%
1929 - -0.83%
1928 - -0.81%
1927 - -0.76%
1926 - -1.59%
1925 - -1.92%
1924 - -2.96%
1923 - -3.58%
1922 - -4.28%
1921 - -5.47%
1920 - -1.15%
1919 - -2.11%
1918 - -1.17%
1917 - 0.2%
1916 - -0.36%
1915 - -2.04%
1914 - -1.09%
1913 - -0.9%
1912 - -0.89%
1911 - -0.05%
1910 - 0.3%
1909 - -0.52%
1908 - -0.06%
1907 - 0.16%
1906 - -0.59%
1905 - -0.52%
1904 - -0.75%
1903 - -1.12%
1902 - -1.52%
1901 - -1.41%
1900 - -1.99%
1899 - -1.35%
1898 - -1.39%
1897 - -0.63%
1896 - -1.57%
1895 - -1.66%
1894 - -1.13%
1893 - -1.25%
1892 - -0.94%
1891 - -0.44%
1890 - -0.2%
1889 - -0.07%
1888 - -0.23%
1887 - -0.17%
1886 - -0.2%
1885 - -0.005%
1884 - -0.08%
1883 - -0.17%
1882 - -0.62%
1881 - -1.13%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1881–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/kyrgyzstan/norway | 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 Norway's surplus of $64.1B, or 13.2% of GDP.

Over the past 30 years, Kyrgyzstan recorded a fiscal deficit in 25 of those years, while Norway ran a deficit in 1 years. On average, Kyrgyzstan posted an annual deficit equal to 4.32% of GDP, compared to surplus of 10.3% of GDP for Norway.

Inflation comparison by year

Inflation
Kyrgyzstan

Norway
1x
Year Consumer prices inflation
Kyrgyzstan Norway
2024 5% 3.15%
2023 10.8% 5.52%
2022 13.9% 5.76%
2021 11.9% 3.48%
2020 6.3% 1.29%
2019 1.1% 2.17%
2018 1.5% 2.76%
2017 3.2% 1.88%
2016 0.4% 3.55%
2015 6.5% 2.17%
2014 7.5% 2.04%
2013 6.6% 2.12%
2012 2.8% 0.7%
2011 16.6% 1.28%
2010 8% 2.42%
2009 6.8% 2.2%
2008 24.5% 3.75%
2007 10.2% 0.71%
2006 5.6% 2.33%
2005 4.3% 1.53%
2004 4.1% 0.45%
2003 3% 2.49%
2002 2.1% 1.29%
2001 6.9% 3%
2000 19.7% 3.09%
1999 35.9% 2.37%
1998 10.5% 2.25%
1997 23.4% 2.57%

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/norway | CC BY

Over the past 28 years, Kyrgyzstan has recorded an average annual inflation rate of 9.25%, compared with 2.44% in Norway. In 2024, inflation was 5% in Kyrgyzstan and 3.15% in Norway.

Top exports between countries

Kyrgyzstan
Export category Export value
Machinery & equipment $84K
Chemicals & pharma $25K
Raw materials & minerals $8K
Textiles & consumer goods $6K
Precious metals & jewellery $3K
Norway
Export category Export value
Animal & marine products $3.94M
Machinery & equipment $1.36M
Chemicals & pharma $779K
Metals $184K
Textiles & consumer goods $90K
Precious metals & jewellery $55K
Miscellaneous $19K
Raw materials & minerals $3K
Processed food, beverages & tobacco $1K

Balance of trade

Kyrgyzstan Norway
Current account balance
-$5.18B
2022
$71.6B
2024
Current account balance ranking
167/190
2022
11/190
2024
Current account balance, % of GDP
-42.7%
2022
+14.8%
2024
Goods imports
$9.17B
2022
$97.5B
2024
Goods exports
$2.25B
2022
$162B
2024
Service imports
$1.48B
2022
$63.6B
2024
Service exports
$1.37B
2022
$55.6B
2024
Imports of goods and services, % of GDP
84.2%
2024
33.9%
2024
Exports of goods and services, % of GDP
43.4%
2024
47.5%
2024

Economic freedom indices

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

Kyrgyzstan Norway
Economic freedom 56 78.8
Economic freedom ranking 126/197 9/197
Property rights 22.9 99.6
Government integrity 23.9 94.3
Judicial effectiveness 8.3 96.4
Tax burden 93.2 63.3
Government spending 65.6 42
Fiscal health 97.2 96.4
Business freedom 58.2 91.2
Labor freedom 52.3 69.3
Monetary freedom 68 72.4
Trade freedom 72.6 85.6
Investment freedom 60 75
Financial freedom 50 60

Economic freedom comparison by year

Kyrgyzstan
Norway
1x
Year Economic freedom index
Kyrgyzstan Norway
2026 56 78.8
2025 55.6 78.3
2024 55.2 77.5
2023 55.8 76.9
2022 55.8 76.9
2021 63.7 73.4
2020 62.9 73.4
2019 62.3 73
2018 62.8 74.3
2017 61.1 74
2016 59.6 70.8
2015 61.3 71.8
2014 61.1 70.9
2013 59.6 70.5
2012 60.2 68.8
2011 61.1 70.3
2010 61.3 69.4
2009 61.8 70.2
2008 61.1 68.6
2007 60.2 67.9
2006 61 67.9
2005 56.6 64.5
2004 58 66.2
2003 56.8 67.2
2002 51.7 67.4
2001 53.7 67.1
2000 55.7 70.1
1999 54.8 68.6
1998 51.8 68
1997 - 65.1
1996 - 65.4

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Kyrgyzstan is 56, ranking 126/197, compared to 78.8 for Norway, ranking 9/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Kyrgyzstan Norway
Services, % of GDP
52.1%
2024
51.8%
2024
Industry, % of GDP
24.7%
2024
37%
2024
Agriculture, forestry, and fishing, % of GDP
8.61%
2024
2.08%
2024
GNI, Atlas method
$15.8B
2024
$547B
2024
GNI per capita, PPP
$7,900
2024
$106,830
2024
Total reserves including gold
$5.09B
2024
$81.2B
2024
Total reserves ranking
100/177
2024
32/177
2024
Net foreign direct investment
-$509M
2022
-$7.83B
2024
Net inflows of foreign direct investment
$705M
2024
$12B
2024
Net outflows of foreign direct investment
$20M
2024
$4.95B
2024
Servicing debt to the IMF, % of GNI
4.74%
2024
n/a
Poverty at national poverty lines
25.7%
2024
12.2%
2021
Gross capital formation, % of GDP
29.8%
2024
24.1%
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/norway | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1881–1999, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  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)

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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.