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Kyrgyzstan is a poor, mountainous country with a dominant agricultural sector. Cotton, tobacco, wool, and meat are the main agricultural products, although only tobacco and cotton are exported in any quantity. Industrial exports include gold, mercury, uranium, natural gas, and electricity. Following independence, Kyrgyzstan was progressive in carrying out market reforms such as an improved regulatory system and land reform. Kyrgyzstan was the first Commonwealth of Independent States (CIS) country to be accepted into the World Trade Organization. Much of the government's stock in enterprises has been sold. Drops in production had been severe after the breakup of the Soviet Union in December 1991 but by mid-1995 production began to recover and exports began to increase. The economy is heavily weighted toward gold export and a drop in output at the main Kumtor gold mine can sparks a decline in GDP. The government made steady strides in controlling its substantial fiscal deficit, nearly closing the gap between revenues and expenditures in 2006, before boosting expenditures more than 20% in 2007-08. The government and international financial institutions have been engaged in a comprehensive medium-term poverty reduction and economic growth strategy. In 2005, Bishkek agreed to pursue much needed tax reform and in 2006 became eligible for the heavily indebted poor countries (HIPC) initiative. Progress fighting corruption, further restructuring of domestic industry, and success in attracting foreign investment are keys to future growth. GDP grew about 8% annually in 2007-08, partly due to higher gold prices internationally, but GDP fell 1% in 2009, because of declines in remittances and investment following the global financial crisis and because of lower gold production.
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$12.11 billion (2009 est.)
country comparison to the world: 143
$11.83 billion (2008 est.)
$10.92 billion (2007 est.)
note:
data are in 2009 US dollars
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$4.57 billion (2009 est.)
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2.3% (2009 est.)
country comparison to the world: 79
8.4% (2008 est.)
8.5% (2007 est.)
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$2,200 (2009 est.)
country comparison to the world: 183
$2,200 (2008 est.)
$2,100 (2007 est.)
note:
data are in 2009 US dollars
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agriculture: 26.9%
industry:
18.4%
services:
54.7% (2009 est.)
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2.344 million (2007)
country comparison to the world: 111
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agriculture: 48%
industry:
12.5%
services:
39.5% (2005 est.)
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18% (2004 est.)
country comparison to the world: 160
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40% (2004 est.)
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lowest 10%: 3.6%
highest 10%:
25.9% (2004)
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30.3 (2003)
country comparison to the world: 111
29 (2001)
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27.9% of GDP (2009 est.)
country comparison to the world: 35
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revenues: $1.297 billion
expenditures:
$1.365 billion (2009 est.)
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6.9% (2009 est.)
country comparison to the world: 165
24.5% (2008 est.)
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NA%
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19.86% (31 December 2008)
country comparison to the world: 10
25.32% (31 December 2007)
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$NA (31 December 2008)
$911.1 million (31 December 2007)
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$NA (31 December 2008)
$303.7 million (31 December 2007)
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$NA (31 December 2008)
$558.3 million (31 December 2007)
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$NA (31 December 2009)
country comparison to the world: 113
$93.79 million (31 December 2008)
$121 million (31 December 2007)
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tobacco, cotton, potatoes, vegetables, grapes, fruits and berries; sheep, goats, cattle, wool
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small machinery, textiles, food processing, cement, shoes, sawn logs, refrigerators, furniture, electric motors, gold, rare earth metals
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-20% (2009 est.)
country comparison to the world: 162
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15.96 billion kWh (2007 est.)
country comparison to the world: 77
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9 billion kWh (2007 est.)
country comparison to the world: 89
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2.379 billion kWh (2007 est.)
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0 kWh (2008 est.)
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979.1 bbl/day (2009 est.)
country comparison to the world: 106
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15,000 bbl/day (2009 est.)
country comparison to the world: 139
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1,890 bbl/day (2007 est.)
country comparison to the world: 117
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12,850 bbl/day (2007 est.)
country comparison to the world: 134
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40 million bbl (1 January 2009 est.)
country comparison to the world: 79
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30 million cu m (2008 est.)
country comparison to the world: 85
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750 million cu m (2008 est.)
country comparison to the world: 91
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0 cu m (2008 est.)
country comparison to the world: 77
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720 million cu m (2008 est.)
country comparison to the world: 57
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5.663 billion cu m (1 January 2009 est.)
country comparison to the world: 91
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-$18 million (2009 est.)
country comparison to the world: 62
-$680.3 million (2008 est.)
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$1.698 billion (2009 est.)
country comparison to the world: 133
$1.847 billion (2008 est.)
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cotton, wool, meat, tobacco; gold, mercury, uranium, natural gas, hydropower; machinery; shoes
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Switzerland 25.96%, Russia 25.88%, Uzbekistan 15.72%, Kazakhstan 12.47% (2009)
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$2.814 billion (2009 est.)
country comparison to the world: 141
$3.754 billion (2008 est.)
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oil and gas, machinery and equipment, chemicals, foodstuffs
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China 57.03%, Russia 19.34%, Kazakhstan 5.9% (2009)
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$1.585 billion (31 December 2009 est.)
country comparison to the world: 120
$1.225 billion (31 December 2008 est.)
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$NA (31 December 2009)
$3.467 billion (31 December 2008)
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$NA (31 December 2009 est.)
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$NA
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soms (KGS) per US dollar - 43.069 (2009), 36.108 (2008), 37.746 (2007), 40.149 (2006), 41.012 (2005)
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