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Economy of Kyrgyzstan vs San Marino compared: GDP & Debt

Updated on by Georank

Kyrgyzstan has a GDP of $22.6B compared to $2.03B for San Marino, ranking 126/197 and 180/197 by economy size, respectively.

Kyrgyzstan has $8.15B in government debt (36% of GDP), compared to $1.39B (60.6% of GDP) in San Marino.

Kyrgyzstan vs San Marino GDP by year

Kyrgyzstan
San Marino
1x
Year GDP, current $
Kyrgyzstan San Marino
2025 $22,623,752,095 -
2024 $18,161,630,699 -
2023 $15,180,842,369 $2,027,243,194
2022 $12,134,931,018 $1,831,701,023
2021 $9,249,133,946 $1,855,395,712
2020 $8,270,468,614 $1,544,713,785
2019 $9,371,275,264 $1,616,231,696
2018 $8,271,106,235 $1,655,354,329
2017 $7,702,938,379 $1,528,621,193
2016 $6,813,095,379 $1,468,342,400
2015 $6,678,177,512 $1,419,400,396
2014 $7,468,102,413 $1,673,910,988
2013 $7,335,033,801 $1,678,741,202
2012 $6,605,142,884 $1,604,701,051
2011 $6,197,765,984 $1,813,717,695
2010 $4,794,361,863 $1,881,191,950
2009 $4,690,061,381 $2,064,277,984
2008 $5,139,958,909 $2,403,214,436
2007 $3,802,570,553 $2,188,653,429
2006 $2,834,168,889 $1,909,765,811
2005 $2,460,246,766 $1,786,513,631
2004 $2,211,534,585 $1,715,341,295
2003 $1,919,008,090 $1,462,590,387
2002 $1,605,643,105 $1,148,872,076
2001 $1,525,116,370 $1,059,529,731
2000 $1,369,688,498 $1,007,661,291
1999 $1,249,061,487 $1,109,473,282
1998 $1,645,963,750 $1,048,316,226
1997 $1,767,864,036 $976,606,911
1996 $1,827,570,586 -
1995 $1,661,147,035 -
1994 $1,681,780,847 -
1993 $2,026,019,253 -
1992 $2,315,346,943 -
1991 $2,542,256,424 -
1990 $2,660,202,623 -

Data sources: World Bank | Economy & Growth (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/kyrgyzstan/san-marino | CC BY

GDP per capita in Kyrgyzstan vs San Marino by year

Kyrgyzstan
GDP per capita

GDP per capita, PPP
San Marino
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kyrgyzstan San Marino
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,081 - - -
2024 $2,515 $8,012 - -
2023 $2,138 $7,298 $59,871 $78,745
2022 $1,740 $6,578 $54,265 $75,941
2021 $1,350 $5,736 $54,169 $64,745
2020 $1,230 $5,179 $44,427 $55,207
2019 $1,422 $5,304 $46,627 $57,444
2018 $1,284 $4,778 $47,951 $54,461
2017 $1,221 $4,954 $45,192 $52,463
2016 $1,103 $4,604 $44,359 $53,033
2015 $1,106 $4,153 $43,147 $52,247
2014 $1,265 $4,228 $51,260 $52,909
2013 $1,270 $4,001 $50,808 $50,770
2012 $1,169 $3,589 $47,946 $51,274
2011 $1,117 $3,278 $55,601 $56,240
2010 $877 $3,076 $56,543 $58,926
2009 $870 $3,097 $62,429 $61,970
2008 $966 $3,031 $75,902 $71,724
2007 $722 $2,770 $70,124 $71,744
2006 $543 $2,508 $63,271 $67,434
2005 $477 $2,386 $59,878 $63,739
2004 $433 $2,343 $58,232 $61,114
2003 $381 $2,158 $52,530 $60,224
2002 $322 $1,998 $41,791 $57,584
2001 $308 $1,986 $39,035 $57,252
2000 $279.6 $1,862 $37,601 $53,713
1999 $258 $1,747 $41,932 $52,064
1998 $345 $1,687 $40,127 $47,679
1997 $376 $1,659 $37,853 $44,426
1996 $395 $1,505 - -
1995 $364 $1,401 - -
1994 $372 $1,466 - -
1993 $449 $1,795 - -
1992 $513 $2,075 - -
1991 $570 $2,382 - -
1990 $606 $2,544 - -

Data sources: World Bank | Economy & Growth (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/kyrgyzstan/san-marino | CC BY

Kyrgyzstan's GDP per capita is $3,081, ranking 144/197, compared to $59,871 in San Marino, ranking 20/197. Adjusted for purchasing power (GDP per capita PPP), Kyrgyzstan ranks 141st at $8,012, while San Marino ranks 17th at $78,745.

Economic indicators

Kyrgyzstan San Marino
Gross domestic product
$22.6B
2025
$2.03B
2023
GDP rank
126/197
2025
180/197
2023
GDP growth
11.1%
2024-2025
0.4%
2022-2023
GDP per capita
$3,081
2025
$59,871
2023
GDP per capita rank
144/197
2025
20/197
2023
GDP per capita, PPP
$8,012
2024
$78,745
2023
GDP per capita PPP rank
141/197
2024
17/197
2023
Government debt
$8.15B
2025
$1.39B
2023
Debt-to-GDP ratio
36%
2025
60.6%
2025
Government debt per person
$1,110
2025
$40,914
2023
Government debt per person rank
141/185
2025
17/185
2023
Average annual personal income after taxes
$2,331
2026
$46,440
2026
Income share by richest 10%
22.9%
2024
n/a
Income share by poorest 10%
4.2%
2024
n/a
Government expenditure, % of GDP
38.4%
2025
22%
2025
Consumer prices inflation
8.2%
2024-2025
2.3%
2024-2025
Central bank interest rate
12%
2026
n/a
Unemployment rate
3.5%
2023
4.92%
2022
Population
7505771
34159

Spending and national debt comparison by year

Kyrgyzstan
Spending

Debt
San Marino
Spending

Debt
1x
Year % of GDP
Kyrgyzstan San Marino
Government spending Government debt Government spending Government debt
2025 38.4% 36% 22% 60.6%
2024 32.5% 36.2% 20.9% 62.9%
2023 32.9% 42% 21.7% 68.3%
2022 35% 46.8% 21.7% 70.6%
2021 32.1% 56.2% 37.1% 77.2%
2020 32.1% 63.6% 59.2% 69.8%
2019 30.8% 48.8% 22.4% 56.2%
2018 33.1% 54.8% 24.5% 56.7%
2017 37% 58.8% 25.6% 56.6%
2016 38.9% 59.1% 23.4% 21.4%
2015 38.1% 67.1% 26.3% 19.3%
2014 38.5% 53.6% 23.7% 21%
2013 38.1% 47.1% 30.2% 23.2%
2012 40.6% 50.5% 30.6% 17.2%
2011 37.4% 50.1% 25.4% 16.6%
2010 37.1% 59.7% 24.4% 20%
2009 32.5% 58.5% 24.8% 20.1%
2008 27.9% 49% 22% 15.5%
2007 29.6% 57.7% 20.7% 12.6%
2006 29.1% 73.4% 19.7% 14.2%
2005 29.1% 85.7% 19.3% 14.5%
2004 28.5% 92.7% 19% 16.9%
2003 28.1% 108.2% - 16.1%
2002 29.3% 107.9% - 17.2%
2001 28.1% 108.2% - 11.6%
2000 30.2% 123.3% - -
1999 35.9% 119.6% - -
1998 35.9% 85.1% - -
1997 31.2% 64.8% - -
1996 28.6% 57.7% - -
1995 37.9% 52.4% - -

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

GeoRank.org/economy/kyrgyzstan/san-marino | CC BY

In 2025, Kyrgyzstan's government spending was $8.69B, accounting for 38.4% of its GDP, while San Marino spent $439M, or 22% of GDP.

Debt-to-GDP ratio is 36% in Kyrgyzstan and 60.6% in San Marino, ranking 141/185 and 75/185, respectively.

Government deficit by year

Deficit/surplus
Kyrgyzstan

San Marino
1x
Year Deficit/surplus, % of GDP
Kyrgyzstan San Marino
2025 -0.07% -1%
2024 1.71% 0.39%
2023 1.59% -0.72%
2022 -0.29% 0.42%
2021 -0.71% -16.4%
2020 -3.06% -37.6%
2019 -0.07% -0.11%
2018 -0.59% -1.56%
2017 -3.73% -3.49%
2016 -5.79% -0.19%
2015 -2.52% -3.32%
2014 -3.07% 1.06%
2013 -3.7% -7.74%
2012 -5.86% -7.08%
2011 -4.7% -4.05%
2010 -5.95% -2.24%
2009 0.38% -2.46%
2008 1.92% 0.18%
2007 1.28% 1.83%
2006 -2.1% 1.51%
2005 -3.79% 3.58%
2004 -4.89% 2.44%
2003 -5.17% -
2002 -5.9% -
2001 -6.75% -
2000 -10.7% -
1999 -13.5% -
1998 -12% -
1997 -9.31% -
1996 -9.1% -
1995 -13.5% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/kyrgyzstan/san-marino | CC BY

In 2023, Kyrgyzstan's government surplus, the difference between spending and revenue, was $241M, equivalent to 1.59% of GDP. This compares to San Marino's deficit of $14.7M, or 0.72% of GDP.

Over the past 20 years, Kyrgyzstan recorded a fiscal deficit in 16 of those years, while San Marino ran a deficit in 13 years. On average, Kyrgyzstan posted an annual deficit equal to 2.28% of GDP, compared to deficit of 3.8% of GDP for San Marino.

Inflation comparison by year

Inflation
Kyrgyzstan

San Marino
1x
Year Consumer prices inflation
Kyrgyzstan San Marino
2025 8.2% 2.3%
2024 5% 1.2%
2023 10.8% 5.9%
2022 13.9% 5.3%
2021 11.9% 1.6%
2020 6.3% -0.1%
2019 1.1% 0.5%
2018 1.5% 1.2%
2017 3.2% 1%
2016 0.4% 0.6%
2015 6.5% 0.1%
2014 7.5% 1.1%
2013 6.6% 1.6%
2012 2.8% 2.8%
2011 16.6% 2.2%
2010 8% 2.4%
2009 6.8% 2.4%
2008 24.5% 4.1%
2007 10.2% 2.5%
2006 5.6% 2.1%
2005 4.3% 1.7%
2004 4.1% 1.4%
2003 3% 1.3%
2002 2.1% -
2001 6.9% -
2000 19.7% -
1999 35.9% -
1998 10.5% -
1997 23.4% -

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

GeoRank.org/economy/kyrgyzstan/san-marino | CC BY

Over the past 23 years, Kyrgyzstan has recorded an average annual inflation rate of 7.34%, compared with 1.97% in San Marino. In 2025, inflation was 8.2% in Kyrgyzstan and 2.3% in San Marino.

Balance of trade

Kyrgyzstan San Marino
Current account balance
-$4.11B
2024
$446M
2023
Current account balance ranking
159/190
2024
60/190
2023
Current account balance, % of GDP
-22.6%
2024
+22%
2023
Goods imports
$11.7B
2024
$2.25B
2023
Goods exports
$5.14B
2024
$2.53B
2023
Service imports
$3.43B
2024
$894M
2023
Service exports
$3.32B
2024
$1.25B
2023
Imports of goods and services, % of GDP
65.6%
2025
155%
2023
Exports of goods and services, % of GDP
26.8%
2025
186%
2023

Economic freedom indices

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

Kyrgyzstan San Marino
Economic freedom 56 76
Economic freedom ranking 126/197 16/197
Property rights 22.9 n/a
Government integrity 23.9 n/a
Judicial effectiveness 8.3 n/a
Tax burden 93.2 n/a
Government spending 65.6 n/a
Fiscal health 97.2 n/a
Business freedom 58.2 n/a
Labor freedom 52.3 n/a
Monetary freedom 68 n/a
Trade freedom 72.6 n/a
Investment freedom 60 n/a
Financial freedom 50 n/a

Other economic metrics

Kyrgyzstan San Marino
Services, % of GDP
51.2%
2025
56.9%
2023
Industry, % of GDP
26.5%
2025
35.8%
2023
Agriculture, forestry, and fishing, % of GDP
8%
2025
0.02%
2023
GNI, Atlas method
$20.6B
2025
$1.83B
2023
GNI per capita, PPP
$9,120
2025
$71,920
2023
Total reserves including gold
$5.09B
2024
$861M
2025
Total reserves ranking
103/177
2024
144/177
2025
Net foreign direct investment
-$238M
2024
$52.7M
2023
Net inflows of foreign direct investment
$255M
2024
-$18.1M
2023
Net outflows of foreign direct investment
$17.4M
2024
$0
2024
Servicing debt to the IMF, % of GNI
4.56%
2024
n/a
Poverty at national poverty lines
25.7%
2024
n/a
Gross capital formation, % of GDP
28%
2025
16.6%
2023

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/san-marino | CC BY

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Data sources:

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