Eurasian Star Business & Economy Kyrgyzstan’s shadow economy steadily declines
Business & Economy KG

Kyrgyzstan’s shadow economy steadily declines

Kyrgyzstan’s non-observed (shadow) economy, excluding the agricultural sector, accounted for 19.5% of GDP in 2024, marking a 0.3% increase from 2023’s 19.2% but a 0.7% decrease from 2022’s 20.2%, according to the latest data from the National Statistical Committee.

The Committee reports a steady decline in the shadow economy’s share of GDP over recent years, estimated at 20.4% in 2021, 20.1% in 2020, and 22.8% in 2019.

Shadow economic activities in Kyrgyzstan are concentrated in sectors such as trade, car repair, transportation, construction, processing industries, hospitality (hotels and restaurants), and various services.

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