BISHKEK, Kyrgyzstan, April 26. The service
sector accounted for 51 percent of Kyrgyzstan’s nominal GDP,
compared to 31.5 percent contributed by goods-producing sectors in
the first quarter of 2025.
According to the data obtained by Trend from the State Statistical Committee of
Kyrgyzstan, the value of services produced in January–March 2025
amounted to 254.2 billion soms ($2.9 billion), marking a 9.2
percent increase compared to the same period in 2024.
The strong performance in the services sector was largely driven
by rising household incomes. The nominal average monthly wage in
January–February 2025 rose by 17.8 percent year-on-year, while the
average pension for January–March 2025 increased by nearly 15
percent compared to the same period in the previous year.
Among the service-related sectors, wholesale and retail trade
accounted for the largest share at 27.4 percent, followed by
transportation and storage services at 10.3 percent, and financial
intermediation and insurance services, also at 10.3 percent.
For reference, inflation in the country stood at 1.8 percent in
March 2025 compared to December of the previous year. The average
annual inflation rate for January–March 2025, compared to the same
period in 2024, reached 6.9 percent.
Kyrgyzstan’s gross domestic product reached 329.1 billion soms
(equivalent to $3.7 billion) during the first quarter of 2025,
reflecting a robust 13.1 percent growth relative to the
corresponding timeframe of the previous year.