Published
10/02/2025, 13:34The structure of investment in fixed capital is changing significantly in Kyrgyzstan. Whereas previously the lion's share went to the private sector, in recent years funds have increasingly been directed towards state and municipal property. This is evidenced by data from the National Statistics Committee.
In 2020, the public sector accounted for only 4.2% of all investments, but by 2024 this figure had grown to 12%. Municipal projects also strengthened their position, from 3.4% to 10.3%.
Investments in state property increased more than sixfold, from 5.1 billion KGS in 2020 to almost 33 billion KGS in 2024. Municipal investments during this period grew 6.7 times, to 28.2 billion KGS.
At the same time, the private sector still holds the largest share – almost 78% – but its share is gradually declining. While in 2020 it accounted for more than 92%, by 2024 it had fallen by 15 percentage points.
In total, more than 274.3 billion KGS were invested in fixed capital in 2024, which is almost twice the level of 2022 and 2.2 times higher than in 2020.
