Business debt in Kyrgyzstan has risen to 1.4 trillion KGS over the past year

In 2025, the accounts payable of Kyrgyz businesses rose to 1.42 trillion KGS. Over the year, the volume of liabilities to creditors increased by approximately 79 per cent.

At the same time, accounts receivable also rose — to 1.5 trillion KGS, compared with 681.7 billion KGS a year earlier.

Against this backdrop, enterprises increased the volume of loans and borrowings taken out. The total amount rose from 744.2 billion KGS to 1.1 trillion KGS over the year.

At the same time, the businesses’ financial performance also improved. Enterprises’ revenue from the sale of goods, works and services in 2025 reached 2.28 trillion KGS, an increase of 61.9 per cent over the year.

The net financial result stood at 430.5 billion KGS, compared with 301.5 billion KGS in 2024.

However, return on sales fell from 21.4% to 18.9%. Profitability relative to production and sales costs fell from 27.8 per cent to 25.4 per cent.

Thus, in 2025, enterprises simultaneously increased both their turnover and profits, but at the same time significantly increased the volume of their mutual liabilities and borrowed funds.