Foreign investment in Kyrgyzstan’s tourism sector has increased almost eightfold over the past year

In 2025, the inflow of foreign direct investment into the leisure and tourism sector in Kyrgyzstan totalled $87.8 million. By way of comparison, the figure for the previous year was $11.2 million. Thus, the volume of investment increased by almost 7.9 times.

The bulk of investment in 2025 came from countries outside the CIS — $78.7 million. The Netherlands was the largest investor, accounting for $63.9 million. A further $7.2 million came from the United Arab Emirates, $3.8 million from Switzerland and $1.2 million from the USA.

Among the CIS countries, Russia provided the largest volume of investment in the tourism sector – $3.6 million. Uzbekistan invested $4.4 million, and Kazakhstan – $1.1 million.

By way of comparison, in 2024 the total inflow of foreign direct investment into tourism amounted to just $11.2 million. At that time, the largest sources were the UAE ($2.2 million), Russia ($2.2 million), the US ($1.8 million) and Kazakhstan ($2.3 million).

Thus, 2025 marked a sharp turning point in the trend of foreign investment in Kyrgyzstan’s tourism sector: following a decline in investment from $49.8 million in 2022 to $11.2 million in 2024, the annual figure rose to a record $87.8 million for the period in question.