Akchabarsearch
More than 70% of households in Kyrgyzstan feel financially secure

Published

12/10/2024, 16:32

More than 70% of households in Kyrgyzstan feel financially secure

Since December 2021, the World Bank has been conducting monthly surveys to examine how people's well-being and public mood are changing. The telephone survey covers a representative sample of citizens across the country, capturing changes in the socio-economic situation.

The latest data shows that despite income stability from July to October 2024, more than 70% of households feel financially secure and the subjective poverty rate has remained at 16%. 
Food security has improved significantly, with the proportion of households confident in their food security rising from 41% in December 2021 to 86% in October 2024.

However, challenges remain in the economy. Agricultural income has not shown the traditional seasonal growth this year, which is a worrying sign. At the same time, real wages have fallen by 23 per cent when adjusted for inflation. But one positive change has been the decline in migration: while 14 per cent of households had a family member working abroad in 2021, in 2024 this proportion has fallen to 8 per cent.

Public opinion shows an increase in confidence in state reforms. According to the survey, 89 per cent of citizens believe that the country is moving in the right direction in the political, social and economic spheres. However, not all reforms receive unequivocal support. For example, the administrative-territorial reform aimed at enlarging aiyl aimags elicited mixed reviews. Only 21 per cent of respondents believe that the reform has fully achieved its goals, especially in rural areas.

At the same time, there are still unresolved problems that continue to worry citizens. The quality of electricity supply remains one of the most pressing issues: 80% of rural residents expressed dissatisfaction with its condition. Also among the main challenges citizens note the rise in prices and lack of jobs.

Despite these challenges, the survey records positive changes in the well-being of the population. Improved food security and lower migration rates indicate that societal and economic reforms are beginning to bear fruit.


Read Similar

  • Kyrgyzstan has banned the import of fish feed for six months

    The Kyrgyz Cabinet of Ministers has introduced a temporary ban on the import of fish feed. The restriction will remain in force for six months, starting from 10 September 2026.
    9/14/2026, 12:00:00 PM
  • Kyrgyzstan’s foreign trade rose by 7.7 per cent over seven months

    The value of Kyrgyzstan’s foreign trade for January–July 2026 amounted to $10 billion. Compared with the same period last year, the figure rose by 7.7 per cent.
    9/14/2026, 11:43:00 AM
  • Why do currency exchange bureaux buy the rouble for less than 1 KGS?

    The official exchange rate of the Russian rouble in Kyrgyzstan rose to 1.0373 KGS on 14 September. However, currency exchange bureaux continue to value the rouble at less than 1 KGS, with the average buying rate standing at 0.9700 KGS. The gap between the official and cash rates exceeds 4 tyiyn when buying roubles at a currency exchange. The reason is that the National Bank’s official rate and the rates at currency exchange bureaux reflect different market dynamics.
    9/14/2026, 11:19:31 AM
  • Kyrgyzstan has summarised the results of its SCO chairmanship

    Kyrgyzstan’s Ambassador to China, Aktilek Musaeva, and the Secretary-General of the Shanghai Cooperation Organisation, Nurlan Yermekbaev, held a briefing in Beijing on the outcomes of the SCO summit, which took place in Bishkek from 31 August to 1 September.
    9/14/2026, 10:41:00 AM