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Economy of Kyrgyzstan vs Rwanda compared: GDP & Debt

Updated on by Georank

Kyrgyzstan has a GDP of $22.6B compared to $16.4B for Rwanda, ranking 126/197 and 142/197 by economy size, respectively.

Kyrgyzstan has $8.15B in government debt (36% of GDP), compared to $10.6B (64.6% of GDP) in Rwanda.

Kyrgyzstan vs Rwanda GDP by year

Kyrgyzstan
Rwanda
1x
Year GDP, current $
Kyrgyzstan Rwanda
2025 $22,623,752,095 $16,372,132,990
2024 $18,161,630,699 $15,111,064,182
2023 $15,180,842,369 $14,806,501,437
2022 $12,134,931,018 $13,747,404,814
2021 $9,249,133,946 $11,252,894,910
2020 $8,270,468,614 $10,487,146,253
2019 $9,371,275,264 $10,519,272,170
2018 $8,271,106,235 $9,650,161,136
2017 $7,702,938,379 $9,164,345,443
2016 $6,813,095,379 $8,596,812,241
2015 $6,678,177,512 $8,447,064,079
2014 $7,468,102,413 $8,129,984,484
2013 $7,335,033,801 $7,714,276,920
2012 $6,605,142,884 $7,556,673,276
2011 $6,197,765,984 $6,802,676,034
2010 $4,794,361,863 $6,052,276,078
2009 $4,690,061,381 $5,603,399,015
2008 $5,139,958,909 $5,120,655,375
2007 $3,802,570,553 $4,017,977,507
2006 $2,834,168,889 $3,274,207,945
2005 $2,460,246,766 $2,933,819,766
2004 $2,211,534,585 $2,376,496,067
2003 $1,919,008,090 $2,138,237,279
2002 $1,605,643,105 $1,966,003,468
2001 $1,525,116,370 $1,966,600,715
2000 $1,369,688,498 $2,068,836,754
1999 $1,249,061,487 $2,157,108,263
1998 $1,645,963,750 $1,989,343,546
1997 $1,767,864,036 $1,851,558,197
1996 $1,827,570,586 $1,382,334,879
1995 $1,661,147,035 $1,293,535,193
1994 $1,681,780,847 $753,636,370
1993 $2,026,019,253 $1,971,525,712
1992 $2,315,346,943 $2,029,026,962
1991 $2,542,256,424 $1,911,600,237
1990 $2,660,202,623 $2,550,185,679
1989 - $2,405,022,593
1988 - $2,395,492,687
1987 - $2,157,432,668
1986 - $1,944,710,684
1985 - $1,715,626,331
1984 - $1,587,413,084
1983 - $1,479,687,587
1982 - $1,407,243,139
1981 - $1,407,062,527
1980 - $1,254,765,642
1979 - $1,109,346,131
1978 - $905,709,076
1977 - $746,650,613
1976 - $637,753,853
1975 - $571,863,500
1974 - $308,458,423
1973 - $290,746,157
1972 - $246,457,838
1971 - $222,952,504
1970 - $219,900,006
1969 - $188,700,037
1968 - $172,200,018
1967 - $159,560,018
1966 - $124,525,703
1965 - $148,799,980
1964 - $129,999,994
1963 - $128,000,000
1962 - $125,000,008
1961 - $122,000,016
1960 - $119,000,024

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Kyrgyzstan vs Rwanda by year

Kyrgyzstan
GDP per capita

GDP per capita, PPP
Rwanda
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kyrgyzstan Rwanda
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,081 - $1,124 -
2024 $2,515 $8,012 $1,060 $3,711
2023 $2,138 $7,298 $1,061 $3,399
2022 $1,740 $6,578 $1,007 $3,099
2021 $1,350 $5,736 $843 $2,733
2020 $1,230 $5,179 $803 $2,285
2019 $1,422 $5,304 $823 $2,336
2018 $1,284 $4,778 $773 $2,125
2017 $1,221 $4,954 $751 $1,968
2016 $1,103 $4,604 $721 $1,866
2015 $1,106 $4,153 $726 $1,781
2014 $1,265 $4,228 $715 $1,678
2013 $1,270 $4,001 $695 $1,512
2012 $1,169 $3,589 $698 $1,455
2011 $1,117 $3,278 $643 $1,413
2010 $877 $3,076 $587 $1,314
2009 $870 $3,097 $557 $1,241
2008 $966 $3,031 $522 $1,191
2007 $722 $2,770 $421 $1,079
2006 $543 $2,508 $352 $1,002
2005 $477 $2,386 $324 $914
2004 $433 $2,343 $269.5 $832
2003 $381 $2,158 $249 $775
2002 $322 $1,998 $234 $760
2001 $308 $1,986 $237.3 $670
2000 $279.6 $1,862 $251.9 $609
1999 $258 $1,747 $264.7 $554
1998 $345 $1,687 $246.2 $528
1997 $376 $1,659 $238.7 $500
1996 $395 $1,505 $206 $499
1995 $364 $1,401 $228 $514
1994 $372 $1,466 $111 $311
1993 $449 $1,795 $247 $521
1992 $513 $2,075 $264.1 $575
1991 $570 $2,382 $254 $542
1990 $606 $2,544 $346 $549
1989 - - $335 -
1988 - - $344 -
1987 - - $320 -
1986 - - $297.7 -
1985 - - $271.6 -
1984 - - $259.9 -
1983 - - $250.6 -
1982 - - $246.4 -
1981 - - $254.6 -
1980 - - $234.4 -
1979 - - $213.8 -
1978 - - $179.9 -
1977 - - $152.7 -
1976 - - $134.4 -
1975 - - $124.1 -
1974 - - $68.9 -
1973 - - $66.9 -
1972 - - $58.4 -
1971 - - $54.4 -
1970 - - $55.2 -
1969 - - $48.9 -
1968 - - $46 -
1967 - - $44 -
1966 - - $35.4 -
1965 - - $43.5 -
1964 - - $39 -
1963 - - $39.3 -
1962 - - $39.2 -
1961 - - $39.3 -
1960 - - $39.4 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Kyrgyzstan's GDP per capita is $3,081, ranking 144/197, compared to $1,124 in Rwanda, ranking 178/197. Adjusted for purchasing power (GDP per capita PPP), Kyrgyzstan ranks 141st at $8,012, while Rwanda ranks 168th at $3,711.

Economic indicators

Kyrgyzstan Rwanda
Gross domestic product
$22.6B
2025
$16.4B
2025
GDP rank
126/197
2025
142/197
2025
GDP growth
11.1%
2024-2025
9.38%
2024-2025
GDP per capita
$3,081
2025
$1,124
2025
GDP per capita rank
144/197
2025
178/197
2025
GDP per capita, PPP
$8,012
2024
$3,711
2024
GDP per capita PPP rank
141/197
2024
168/197
2024
Government debt
$8.15B
2025
$10.6B
2025
Debt-to-GDP ratio
36%
2025
64.6%
2025
Government debt per person
$1,110
2025
$726
2025
Government debt per person rank
141/185
2025
155/185
2025
Average annual personal income after taxes
$2,331
2026
$1,614
2026
Market capitalization of domestic companies n/a
$3.2B
2025
Income share by richest 10%
22.9%
2024
33.4%
2023
Income share by poorest 10%
4.2%
2024
3.1%
2023
Government expenditure, % of GDP
38.4%
2025
24.1%
2025
Consumer prices inflation
8.2%
2024-2025
5.91%
2024-2025
Central bank interest rate
12%
2026
6.75%
2025
Unemployment rate
3.5%
2023
5.36%
2025
Population
7505771
15062056

Spending and national debt comparison by year

Kyrgyzstan
Spending

Debt
Rwanda
Spending

Debt
1x
Year % of GDP
Kyrgyzstan Rwanda
Government spending Government debt Government spending Government debt
2025 38.4% 36% 24.1% 64.6%
2024 32.5% 36.2% 27.1% 63.4%
2023 32.9% 42% 26.2% 61.4%
2022 35% 46.8% 28.7% 59%
2021 32.1% 56.2% 31% 66.2%
2020 32.1% 63.6% 32.5% 66.7%
2019 30.8% 48.8% 27.7% 52.8%
2018 33.1% 54.8% 26.3% 49.2%
2017 37% 58.8% 25.3% 46.1%
2016 38.9% 59.1% 25.4% 41.5%
2015 38.1% 67.1% 26.9% 33.5%
2014 38.5% 53.6% 27.8% 29.5%
2013 38.1% 47.1% 26.5% 27%
2012 40.6% 50.5% 24.9% 19.3%
2011 37.4% 50.1% 25% 18.9%
2010 37.1% 59.7% 24.1% 19%
2009 32.5% 58.5% 22.6% 18.7%
2008 27.9% 49% 22.7% 18.5%
2007 29.6% 57.7% 22.7% 22.4%
2006 29.1% 73.4% 20.9% 22.8%
2005 29.1% 85.7% 20.2% 59.8%
2004 28.5% 92.7% 18.1% 82.1%
2003 28.1% 108.2% 18.8% 80.7%
2002 29.3% 107.9% 20.7% 93.4%
2001 28.1% 108.2% 19.3% 85.2%
2000 30.2% 123.3% 18.5% 87.2%
1999 35.9% 119.6% 22.7% 79.5%
1998 35.9% 85.1% 16.6% 71.1%
1997 31.2% 64.8% 17.2% 73.3%
1996 28.6% 57.7% 19.8% 84.6%
1995 37.9% 52.4% 18.3% 102.2%
1994 - - 13.5% -
1993 - - 20.6% -
1992 - - 21.8% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1995–1999, retrieved 2026-07-08).

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

In 2025, Kyrgyzstan's government spending was $8.69B, accounting for 38.4% of its GDP, while Rwanda spent $3.95B, or 24.1% of GDP.

Debt-to-GDP ratio is 36% in Kyrgyzstan and 64.6% in Rwanda, ranking 141/185 and 68/185, respectively.

Government deficit by year

Deficit/surplus
Kyrgyzstan

Rwanda
1x
Year Deficit/surplus, % of GDP
Kyrgyzstan Rwanda
2025 -0.07% -4.49%
2024 1.71% -6.19%
2023 1.59% -4.88%
2022 -0.29% -5.56%
2021 -0.71% -6.89%
2020 -3.06% -9.26%
2019 -0.07% -5%
2018 -0.59% -2.57%
2017 -3.73% -2.54%
2016 -5.79% -2.3%
2015 -2.52% -2.71%
2014 -3.07% -3.97%
2013 -3.7% -1.29%
2012 -5.86% -2.41%
2011 -4.7% -0.87%
2010 -5.95% -0.65%
2009 0.38% 0.26%
2008 1.92% 0.84%
2007 1.28% -1.58%
2006 -2.1% -0.03%
2005 -3.79% 1.14%
2004 -4.89% 2.31%
2003 -5.17% -1.25%
2002 -5.9% -2.06%
2001 -6.75% -1.83%
2000 -10.7% -0.22%
1999 -13.5% -4.48%
1998 -12% -2.63%
1997 -9.31% -2.25%
1996 -9.1% -5.08%
1995 -13.5% -2.07%
1994 - -9.68%
1993 - -6.7%
1992 - -7.31%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08).

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

In 2025, Kyrgyzstan's government deficit, the difference between spending and revenue, was $15.1M, equivalent to 0.07% of GDP. This compares to Rwanda's deficit of $736M, or 4.49% of GDP.

Over the past 31 years, Kyrgyzstan recorded a fiscal deficit in 26 of those years, while Rwanda ran a deficit in 27 years. On average, Kyrgyzstan posted an annual deficit equal to 4.19% of GDP, compared to deficit of 2.6% of GDP for Rwanda.

Inflation comparison by year

Inflation
Kyrgyzstan

Rwanda
1x
Year Consumer prices inflation
Kyrgyzstan Rwanda
2025 8.2% 5.91%
2024 5% 1.77%
2023 10.8% 19.8%
2022 13.9% 17.7%
2021 11.9% -0.39%
2020 6.3% 9.85%
2019 1.1% 3.35%
2018 1.5% -0.31%
2017 3.2% 8.28%
2016 0.4% 7.17%
2015 6.5% 2.53%
2014 7.5% 2.35%
2013 6.6% 5.92%
2012 2.8% 10.3%
2011 16.6% 3.08%
2010 8% -0.25%
2009 6.8% 12.9%
2008 24.5% 15.4%
2007 10.2% 9.08%
2006 5.6% 8.88%
2005 4.3% 9.01%
2004 4.1% 12.3%
2003 3% 7.45%
2002 2.1% 1.99%
2001 6.9% 3.34%
2000 19.7% 3.9%
1999 35.9% -2.41%
1998 10.5% 6.21%
1997 23.4% 12%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Kyrgyzstan has recorded an average annual inflation rate of 9.22%, compared with 6.8% in Rwanda. In 2025, inflation was 8.2% in Kyrgyzstan and 5.91% in Rwanda.

Top exports between countries

Kyrgyzstan
Export category Export value
Rwanda
Export category Export value
Raw agricultural goods $57K
Textiles & consumer goods $4K
Chemicals & pharma $1K

Balance of trade

Kyrgyzstan Rwanda
Current account balance
-$4.11B
2024
-$1.81B
2024
Current account balance ranking
159/190
2024
136/190
2024
Current account balance, % of GDP
-22.6%
2024
-12%
2024
Goods imports
$11.7B
2024
$5.55B
2024
Goods exports
$5.14B
2024
$3.2B
2024
Service imports
$3.43B
2024
$991M
2024
Service exports
$3.32B
2024
$1.08B
2024
Imports of goods and services, % of GDP
65.6%
2025
35.1%
2025
Exports of goods and services, % of GDP
26.8%
2025
21.6%
2025

Economic freedom indices

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

Kyrgyzstan Rwanda
Economic freedom 56 56.5
Economic freedom ranking 126/197 121/197
Property rights 22.9 60.3
Government integrity 23.9 53.9
Judicial effectiveness 8.3 27.5
Tax burden 93.2 80.6
Government spending 65.6 75.7
Fiscal health 97.2 37.5
Business freedom 58.2 60.1
Labor freedom 52.3 49.1
Monetary freedom 68 72.3
Trade freedom 72.6 61.8
Investment freedom 60 60
Financial freedom 50 40

Economic freedom comparison by year

Kyrgyzstan
Rwanda
1x
Year Economic freedom index
Kyrgyzstan Rwanda
2026 56 56.5
2025 55.6 54.8
2024 55.2 51.6
2023 55.8 52.2
2022 55.8 57.1
2021 63.7 68.3
2020 62.9 70.9
2019 62.3 71.1
2018 62.8 69.1
2017 61.1 67.6
2016 59.6 63.1
2015 61.3 64.8
2014 61.1 64.7
2013 59.6 64.1
2012 60.2 64.9
2011 61.1 62.7
2010 61.3 59.1
2009 61.8 54.2
2008 61.1 54.2
2007 60.2 52.4
2006 61 52.8
2005 56.6 51.7
2004 58 53.3
2003 56.8 47.8
2002 51.7 50.4
2001 53.7 45.4
2000 55.7 42.3
1999 54.8 39.8
1998 51.8 39.1
1997 - 38.3

Data sources: The Heritage Foundation | Economic Freedom Index (1997–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Kyrgyzstan is 56, ranking 126/197, compared to 56.5 for Rwanda, ranking 121/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Kyrgyzstan Rwanda
Services, % of GDP
51.2%
2025
52.3%
2025
Industry, % of GDP
26.5%
2025
22%
2025
Agriculture, forestry, and fishing, % of GDP
8%
2025
20.3%
2025
GNI, Atlas method
$20.6B
2025
$16.7B
2025
GNI per capita, PPP
$9,120
2025
$4,070
2025
Total reserves including gold
$5.09B
2024
$1.96B
2025
Total reserves ranking
103/177
2024
128/177
2025
Net foreign direct investment
-$238M
2024
-$560M
2024
Net inflows of foreign direct investment
$255M
2024
$573M
2024
Net outflows of foreign direct investment
$17.4M
2024
$13.2M
2024
Servicing debt to the IMF, % of GNI
4.56%
2024
2.91%
2024
Poverty at national poverty lines
25.7%
2024
27.4%
2023
Gross capital formation, % of GDP
28%
2025
34.1%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1997–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1995–1999, retrieved 2026-07-08)
  6. TradeMap (2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.