Central Asia has outpaced developing countries in terms of GDP growth—7%, with Kyrgyzstan leading the way at 11.1%

By the end of 2025, Central Asian economies had grown by around 7%, significantly exceeding the average for developing countries of 4.4%. These figures are cited in the Eurasian Development Bank’s macroeconomic review.

Analysts note that active investment and robust domestic demand have become the key drivers of economic growth in the region. These factors have enabled Central Asian countries to maintain strong momentum even against a backdrop of mounting global economic risks, including rising energy and commodity prices, as well as disruptions in global supply chains.

Among the countries in the region, Kyrgyzstan demonstrated the highest growth rates. By the end of 2025, the country’s GDP had increased by 11.1%, the highest figure in Central Asia. Thus, the republic has retained its leadership in terms of economic growth rates in the region for the third consecutive year. Domestic demand and investment played a key role in this growth.

The positive trend has continued into early 2026 — in January, Kyrgyzstan’s economy grew by 9% year-on-year.

Other countries in the region are also seeing steady growth. In Kazakhstan, GDP rose by 6.5%, the highest figure in the last 13 years. Growth was supported by an expansion in industrial production: the mining sector grew by 9.4%, and the manufacturing sector by 6.4%.

Uzbekistan’s economy accelerated to 7.7% after 6.7% a year earlier. Growth was driven by strong domestic demand and an inflow of investment, particularly in trade, services and construction.

In Tajikistan, GDP grew by 8.4% thanks to industrial development and domestic consumption.

In Armenia, the economy grew by 7.2%, with the services sector—including finance, IT and construction—making the main contribution.

Meanwhile, in Russia and Belarus, economic growth rates were significantly lower. By the end of 2025, GDP growth in Russia stood at around 1%, and in Belarus at 1.3%. By early 2026, a decline in economic activity had already been recorded in these countries.

Analysts note that despite mounting global risks, domestic growth drivers in Central Asian countries are enabling the region to maintain stable economic momentum.