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Economy of Kyrgyzstan vs Oman compared: GDP & Debt

Updated on by Georank team

Kyrgyzstan has a GDP of $17.5B compared to $107B for Oman, ranking 135/197 and 70/197 by economy size, respectively.

Kyrgyzstan has $6.4B in government debt (38.5% of GDP), compared to $38B (35.4% of GDP) in Oman.

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 $
Oman
GDP, current $

GDP, constant 2015 $
Year GDP
Kyrgyzstan Oman
Current $ Constant $ Current $ Constant $
1960 - - $44,234,656 $1,249,211,742
1961 - - $45,634,487 $1,263,447,839
1962 - - $56,273,202 $1,518,510,059
1963 - - $59,912,763 $1,587,317,448
1964 - - $61,872,526 $1,588,503,801
1965 - - $63,279,975 $1,595,621,861
1966 - - $67,759,973 $1,678,665,421
1967 - - $107,151,832 $2,790,262,281
1968 - - $188,879,849 $5,075,146,585
1969 - - $239,999,808 $6,377,742,275
1970 - - $256,319,795 $7,263,935,714
1971 - - $301,010,587 $7,329,182,208
1972 - - $366,883,548 $8,049,290,789
1973 - - $483,066,991 $6,902,101,210
1974 - - $1,645,917,776 $7,695,760,470
1975 - - $2,096,699,189 $9,576,104,314
1976 - - $2,560,220,035 $11,543,047,911
1977 - - $2,741,169,948 $11,659,311,607
1978 - - $2,740,301,390 $11,228,671,308
1979 - - $3,733,352,635 $11,715,068,326
1980 - - $5,981,760,278 $12,422,124,728
1981 - - $7,259,120,151 $14,539,734,068
1982 - - $7,554,719,456 $16,221,957,658
1983 - - $7,932,541,691 $18,925,617,928
1984 - - $8,821,443,151 $22,088,390,354
1985 - - $10,005,645,420 $25,182,354,730
1986 - $4,159,487,047 $7,324,167,369 $25,686,545,709
1987 - $4,296,748,804 $7,811,183,095 $24,802,727,111
1988 - $4,863,920,938 $8,386,215,865 $26,281,968,614
1989 - $4,999,612,218 $9,372,171,651 $29,371,903,351
1990 $2,660,202,623 $5,284,729,935 $13,310,273,082 $29,333,594,830
1991 $2,542,256,424 $4,864,914,940 $12,918,335,501 $31,115,340,233
1992 $2,315,346,943 $4,191,715,901 $14,183,615,085 $33,733,348,947
1993 $2,026,019,253 $3,543,704,782 $14,230,429,129 $35,771,841,958
1994 $1,681,780,847 $2,831,946,048 $14,715,214,564 $37,158,277,767
1995 $1,661,147,035 $2,678,346,337 $15,722,236,671 $39,015,009,844
1996 $1,827,570,586 $2,868,093,848 $17,402,080,624 $40,203,383,600
1997 $1,767,864,036 $3,152,472,635 $18,039,791,938 $42,629,059,778
1998 $1,645,963,750 $3,219,362,911 $16,044,213,264 $42,600,125,690
1999 $1,249,061,487 $3,337,056,039 $17,832,769,831 $42,726,901,831
2000 $1,369,688,498 $3,518,703,233 $22,259,557,867 $45,372,727,045
2001 $1,525,116,370 $3,705,955,298 $22,205,721,717 $47,465,846,486
2002 $1,605,643,105 $3,705,313,255 $23,065,539,662 $47,093,635,558
2003 $1,919,008,090 $3,965,807,641 $24,733,680,104 $46,060,087,701
2004 $2,211,534,585 $4,244,477,505 $28,378,933,680 $46,977,841,908
2005 $2,460,246,766 $4,237,027,793 $35,506,892,068 $48,283,564,529
2006 $2,834,168,889 $4,368,498,476 $42,577,633,290 $50,538,317,581
2007 $3,802,570,553 $4,741,693,830 $48,300,390,117 $53,055,456,656
2008 $5,139,958,909 $5,140,072,740 $69,804,681,404 $57,803,951,303
2009 $4,690,061,381 $5,288,430,380 $55,454,096,229 $61,261,764,565
2010 $4,794,361,863 $5,263,491,909 $64,993,498,049 $62,776,154,507
2011 $6,197,765,984 $5,576,999,925 $77,497,529,259 $64,593,279,187
2012 $6,605,142,884 $5,572,083,788 $87,408,842,653 $70,318,260,490
2013 $7,335,033,801 $6,180,302,892 $89,936,020,806 $73,994,291,063
2014 $7,468,102,413 $6,429,000,668 $92,699,089,727 $74,950,483,987
2015 $6,678,177,512 $6,678,177,512 $78,710,793,238 $78,710,793,238
2016 $6,813,095,379 $6,967,733,667 $75,128,738,622 $82,682,873,556
2017 $7,702,938,379 $7,297,999,869 $80,856,697,009 $82,934,277,089
2018 $8,271,106,235 $7,572,252,145 $91,505,851,756 $84,001,727,416
2019 $9,371,275,264 $7,920,623,120 $88,060,858,257 $83,053,651,985
2020 $8,270,468,614 $7,354,379,549 $75,909,492,848 $80,246,670,661
2021 $9,249,133,946 $7,759,385,792 $87,323,797,139 $82,318,780,120
2022 $12,134,931,018 $8,455,209,117 $109,852,795,839 $88,892,516,940
2023 $15,180,842,369 $9,217,301,874 $105,895,708,713 $89,947,791,028
2024 $17,478,259,659 $10,050,558,458 $106,942,782,835 $91,453,585,977

Economic indicators

Kyrgyzstan Oman
Gross domestic product
$17.5B
2024
$107B
2024
GDP rank
135/197
2024
70/197
2024
GDP growth
15.1%
2023-2024
0.99%
2023-2024
GDP per capita
$2,419
2024
$20,248
2024
GDP per capita rank
149/197
2024
57/197
2024
GDP per capita, PPP
$8,009
2024
$41,664
2024
Government debt
$6.4B
2024
$38B
2024
Debt-to-GDP ratio
38.5%
2025
35.4%
2025
Government debt per person
$887
2024
$7,191
2024
Government debt per person rank
145/185
2024
68/185
2024
Average annual personal income after taxes
$4,925
2025
$20,368
2025
Market capitalization of domestic companies n/a
$22.3B
2022
Number of billionaires n/a
2
2025
Income share by richest 10%
23%
2023
n/a
Income share by poorest 10%
4.3%
2023
n/a
Government expenditure, % of GDP
35.5%
2025
28.2%
2025
Consumer prices inflation
8%
2024-2025
0.9%
2024-2025
Central bank interest rate
9.25%
2024
4.75%
2025
Unemployment rate
3.5%
2023
3.3%
2022
Population
7419369
5636678

GDP per capita in Kyrgyzstan vs Oman

Kyrgyzstan's GDP per capita is $2,419, ranking 149/197, compared to $20,248 in Oman, ranking 57/197. Adjusted for purchasing power (GDP per capita PPP), Kyrgyzstan ranks 139th at $8,009, while Oman ranks 54th at $41,664.

Kyrgyzstan
GDP per capita

GDP per capita, PPP
Oman
GDP per capita

GDP per capita, PPP
Year Current $
Kyrgyzstan Oman
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 - - $83.4 -
1961 - - $84.5 -
1962 - - $102.3 -
1963 - - $106.8 -
1964 - - $108.1 -
1965 - - $108.1 -
1966 - - $113.2 -
1967 - - $174.7 -
1968 - - $300 -
1969 - - $372 -
1970 - - $387 -
1971 - - $442 -
1972 - - $524 -
1973 - - $670 -
1974 - - $2,203 -
1975 - - $2,692 -
1976 - - $3,143 -
1977 - - $3,205 -
1978 - - $3,044 -
1979 - - $3,934 -
1980 - - $5,974 -
1981 - - $6,866 -
1982 - - $6,759 -
1983 - - $6,714 -
1984 - - $7,070 -
1985 - - $7,549 -
1986 - - $5,182 -
1987 - - $5,204 -
1988 - - $5,279 -
1989 - - $5,591 -
1990 $606 $2,544 $7,546 $26,904
1991 $570 $2,382 $6,977 $28,109
1992 $513 $2,075 $7,318 $29,773
1993 $449 $1,795 $7,039 $30,987
1994 $372 $1,466 $7,068 $31,925
1995 $364 $1,401 $7,414 $33,598
1996 $395 $1,505 $8,068 $34,661
1997 $376 $1,659 $8,235 $36,809
1998 $345 $1,687 $7,219 $36,666
1999 $258 $1,747 $7,915 $36,792
2000 $279.6 $1,862 $9,754 $39,443
2001 $308 $1,986 $9,612 $41,679
2002 $322 $1,998 $9,869 $41,511
2003 $381 $2,158 $10,464 $40,935
2004 $433 $2,343 $11,801 $42,142
2005 $477 $2,386 $14,435 $43,673
2006 $543 $2,508 $16,931 $46,091
2007 $722 $2,770 $18,793 $48,627
2008 $966 $3,031 $26,577 $52,841
2009 $870 $3,097 $20,656 $55,127
2010 $877 $3,076 $23,570 $55,667
2011 $1,117 $3,278 $25,188 $52,393
2012 $1,169 $3,589 $24,642 $49,989
2013 $1,270 $4,001 $23,458 $47,013
2014 $1,265 $4,228 $23,161 $44,236
2015 $1,106 $4,153 $18,808 $36,058
2016 $1,103 $4,604 $17,110 $33,334
2017 $1,221 $4,954 $17,820 $33,619
2018 $1,284 $4,778 $19,902 $37,780
2019 $1,422 $5,304 $19,180 $37,251
2020 $1,230 $5,179 $16,785 $35,163
2021 $1,350 $5,736 $19,403 $38,719
2022 $1,740 $6,578 $23,224 $42,616
2023 $2,138 $7,298 $20,972 $41,851
2024 $2,419 $8,009 $20,248 $41,664

Spending and national debt comparison

In 2024, Kyrgyzstan's government spending was $5.89B, accounting for 35.5% of its GDP, while Oman's spent $29.9B, or 28.2% of GDP.

Debt-to-GDP ratio is 38.5% in Kyrgyzstan and 35.4% in Oman, ranking 139/185 and 146/185, respectively.

Kyrgyzstan
Government spending

Government debt
Oman
Government spending

Government debt
Year % of GDP
Kyrgyzstan Oman
Government spending Government debt Government spending Government debt
1990 - - 36.5% 17.8%
1991 - - 37.4% 22.6%
1992 - - 40.1% 23.1%
1993 - - 40.1% 22.2%
1994 - - 39.7% 23.6%
1995 37.9% 52.4% 38.2% 21.9%
1996 28.6% 57.7% 33.5% 21.2%
1997 31.1% 64.8% 32.1% 20.8%
1998 35.9% 85.1% 36.1% 30.9%
1999 35.9% 119.6% 34.2% 28.9%
2000 30.2% 123.3% 31.2% 21.7%
2001 28.1% 108.2% 33.3% 22.5%
2002 29.3% 107.9% 34.1% 15.9%
2003 28.1% 108.2% 34% 13%
2004 28.5% 92.7% 34.1% 14.5%
2005 29.1% 85.7% 30.6% 8.39%
2006 29.1% 73.4% 30.1% 7.56%
2007 29.6% 57.7% 30.7% 4.44%
2008 27.9% 49% 25.6% 3.2%
2009 32.5% 58.5% 33.4% 5.8%
2010 37.1% 59.7% 30.6% 5.46%
2011 37.4% 50.1% 34.5% 4.44%
2012 40.6% 50.5% 38.6% 4.59%
2013 38.1% 47.1% 39.3% 4.66%
2014 38.5% 53.6% 41.4% 4.04%
2015 38.1% 67.1% 44.5% 13.9%
2016 38.9% 59.1% 44.6% 29.3%
2017 37% 58.8% 39.4% 40.1%
2018 33.1% 54.8% 38.3% 44.7%
2019 30.8% 48.8% 38.8% 52.5%
2020 32.1% 63.6% 44.5% 67.9%
2021 32.1% 56.2% 36.5% 61.9%
2022 35% 46.8% 30.9% 41.7%
2023 32.9% 42% 27.5% 37.5%
2024 33.7% 36.6% 27.9% 35.5%
2025 35.5% 38.5% 28.2% 35.4%

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 Oman's surplus of $6.75B, or 6.31% of GDP.

Over the past 30 years, Kyrgyzstan recorded a fiscal deficit in 25 of those years, while Oman ran a deficit in 11 years. On average, Kyrgyzstan posted an annual deficit equal to -4.32% of GDP, compared to surplus of +1.73% of GDP for Oman.

Deficit/surplus
Kyrgyzstan

Oman
Year Deficit/surplus, % of GDP
Kyrgyzstan Oman
1990 - 4.78%
1991 - 0.12%
1992 - -4.85%
1993 - -6.84%
1994 - -7.47%
1995 -13.5% -3.9%
1996 -9.1% 2.22%
1997 -9.3% 4.77%
1998 -12% -4.37%
1999 -13.5% 0.3%
2000 -10.7% 12.2%
2001 -6.75% 7.55%
2002 -5.9% 5.31%
2003 -5.17% 5.92%
2004 -4.89% 5.43%
2005 -3.79% 11.2%
2006 -2.1% 12.2%
2007 1.28% 10.5%
2008 1.92% 14.7%
2009 0.38% -0.27%
2010 -5.95% 4.95%
2011 -4.7% 8.24%
2012 -5.86% 4.07%
2013 -3.7% 2.78%
2014 -3.07% -1.58%
2015 -2.52% -13.5%
2016 -5.79% -19.6%
2017 -3.73% -10.5%
2018 -0.59% -6.72%
2019 -0.07% -4.83%
2020 -3.06% -15.7%
2021 -0.71% -3.17%
2022 -0.29% 10.5%
2023 1.59% 6.87%
2024 1.87% 6.31%
2025 -3.4% 1.24%

Inflation comparison by year

Over the past 30 years, Kyrgyzstan has recorded an average annual inflation rate of 9.97%, compared with 1.65% in Oman. In 2025, inflation was 8% in Kyrgyzstan and 0.9% in Oman.

Inflation
Kyrgyzstan

Oman
Year Inflation
Kyrgyzstan Oman Kyrgyzstan Oman
1996 31.9% 0.5%
1997 23.4% -0.4%
1998 10.5% 0.4%
1999 35.9% 0.5%
2000 19.7% -1.2%
2001 6.9% -0.8%
2002 2.1% -0.3%
2003 3% 0.2%
2004 4.1% 0.8%
2005 4.3% 1.9%
2006 5.6% 3.2%
2007 10.2% 5.9%
2008 24.5% 12.6%
2009 6.8% 3.5%
2010 8% 3.3%
2011 16.6% 4.1%
2012 2.8% 2.9%
2013 6.6% 1.3%
2014 7.5% 1.2%
2015 6.5% 0.1%
2016 0.4% 0.9%
2017 3.2% 1.5%
2018 1.5% 0.7%
2019 1.1% 0.5%
2020 6.3% -0.4%
2021 11.9% 1.7%
2022 13.9% 2.5%
2023 10.8% 1%
2024 5% 0.6%
2025 8% 0.9%

Top exports between countries

Kyrgyzstan
Export category Export value
Raw materials & minerals $29K
Metals $14K
Textiles & consumer goods $14K
Animal & marine products $7K
Raw agricultural goods $4K
Machinery & equipment $3K
Chemicals & pharma $1K
Oman
Export category Export value
Machinery & equipment $160K
Textiles & consumer goods $5K
Miscellaneous $2K

Balance of trade

Kyrgyzstan Oman
Current account balance
-$5.18B
2022
$2.64B
2023
Current account balance ranking
167/189
2022
40/189
2023
Current account balance, % of GDP
-42.7%
2022
+2.49%
2023
Goods imports
$9.17B
2022
$35.2B
2023
Goods exports
$2.25B
2022
$59B
2023
Service imports
$1.48B
2022
$12.2B
2023
Service exports
$1.37B
2022
$5.73B
2023
Imports of goods and services, % of GDP
95.5%
2023
44.8%
2023
Exports of goods and services, % of GDP
36.9%
2023
61.1%
2023

Economic freedom indices

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

Kyrgyzstan Oman
Economic freedom 55.6 65.4
Economic freedom ranking 127/197 64/197
Property rights 21.7 74.5
Government integrity 23.3 42.3
Judicial effectiveness 10.2 25.5
Tax burden 92.5 97.6
Government spending 64.8 70.8
Fiscal health 95.9 63.2
Business freedom 58.7 68.1
Labor freedom 52.9 52.2
Monetary freedom 63.4 82.5
Trade freedom 73.6 78.2
Investment freedom 60 70
Financial freedom 50 60

Economic freedom by year comparison

The Economic Freedom Index for Kyrgyzstan is 55.6, ranking 127/197, compared to 65.4 for Oman, ranking 64/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Kyrgyzstan
Oman
Year Economic freedom index
Kyrgyzstan Oman
1995 - 70.2
1996 - 65.4
1997 - 64.5
1998 51.8 64.9
1999 54.8 64.9
2000 55.7 64.1
2001 53.7 67.7
2002 51.7 64
2003 56.8 64.6
2004 58 66.9
2005 56.6 66.5
2006 61 63.7
2007 60.2 65.8
2008 61.1 67.3
2009 61.8 67
2010 61.3 67.7
2011 61.1 69.8
2012 60.2 67.9
2013 59.6 68.1
2014 61.1 67.4
2015 61.3 66.7
2016 59.6 67.1
2017 61.1 62.1
2018 62.8 61
2019 62.3 61
2020 62.9 63.6
2021 63.7 64.6
2022 55.8 56.6
2023 55.8 58.5
2024 55.2 62.9
2025 55.6 65.4

More economic indicators

Kyrgyzstan Oman
Services, % of GDP
52.1%
2024
46.5%
2024
Industry, % of GDP
24.7%
2024
54.2%
2024
Agriculture, forestry, and fishing, % of GDP
8.61%
2024
2.6%
2024
GNI, Atlas method
$15.5B
2024
$102B
2024
GNI per capita, PPP
$7,740
2024
$38,840
2024
Total reserves including gold
$5.09B
2024
$18.3B
2024
Total reserves ranking
100/177
2024
64/177
2024
Net foreign direct investment
-$509M
2022
-$12.1B
2023
Net inflows of foreign direct investment
$705M
2024
$8.69B
2024
Net outflows of foreign direct investment
$20M
2024
$1.04B
2024
Servicing debt to the IMF, % of GNI
7.87%
2023
n/a
Poverty at national poverty lines
25.7%
2024
n/a
Gross capital formation, % of GDP
34.5%
2023
26.7%
2023

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.