Bloomberg named Kyrgyzstan the new “tiger economy” of Central Asia

The international agency Bloomberg has devoted a separate analytical article to the economy of Kyrgyzstan, describing the country as the new “tiger economy” of Central Asia. The publication notes the republic's consistently high GDP growth and active involvement in regional and global trade flows.

According to estimates, Kyrgyzstan's economy will grow by more than 10% in 2025, after GDP growth rates have consistently exceeded 9% per year over the past three years. Bloomberg, citing a statement by National Bank Governor Melis Turgunbaev, attributes this result to a boom in tourism, construction, domestic consumption, and the expansion of re-exports of goods, primarily from China to neighboring countries.

The publication notes that Kyrgyzstan was among the economies in the region that received a boost after changes in trade and financial routes against the backdrop of geopolitical events in recent years. The country has become an active intermediary in imports, exports, and payments, which has allowed it to increase foreign trade turnover and attract additional investment.

Bloomberg separately notes the attraction of $700 million through the first-ever sale of Eurobonds, as well as the implementation of major infrastructure projects — in particular, the China-Kyrgyzstan-Uzbekistan railway and the Kambarata-1 hydroelectric power plant, with a total estimated cost of approximately $10 billion. According to analysts, these projects strengthen the country's logistics potential and lay the foundation for long-term growth.

At the same time, the agency also draws attention to the risks. The International Monetary Fund forecasts a slowdown in Kyrgyzstan's economic growth to just over 5% per year in the medium term, pointing to the country's continued dependence on external conditions, remittances, and geopolitical factors.

Despite this, Bloomberg emphasizes that at the current stage, Kyrgyzstan is demonstrating one of the highest economic growth rates in the region, which suggests the formation of a “tiger economy” by Central Asian standards.