resentation from the US: chief of mission: Ambassador
John M. O'KEEFE
embassy: 171 Prospect Mira, 720016 Bishkek
mailing address: use embassy street address
telephone: [996] (312) 551-241, (517) 777-217
FAX: [996] (312) 551-264
Flag description: red field with a yellow sun in the center having
40 rays representing the 40 Kirghiz tribes; on the obverse side the
rays run counterclockwise, on the reverse, clockwise; in the center
of the sun is a red ring crossed by two sets of three lines, a
stylized representation of the roof of the traditional Kirghiz yurt
Kyrgyzstan Economy
Economy - overview: Kyrgyzstan is a small, poor, mountainous country
with a predominantly agricultural economy. Cotton, wool, and meat
are the main agricultural products and exports. Industrial exports
include gold, mercury, uranium, and electricity. Kyrgyzstan has been
one of the most progressive countries of the former Soviet Union in
carrying out market reforms. Following a successful stabilization
program, which lowered inflation from 88% in 1994 to 15% for 1997,
attention is turning toward stimulating growth. Much of the
government's stock in enterprises has been sold. Drops in production
had been severe since the breakup of the Soviet Union in December
1991, but by mid-1995 production began to recover and exports began
to increase. Pensioners, unemployed workers, and government workers
with salary arrears continue to suffer. Foreign assistance played a
substantial role in the country's economic turnaround in 1996-97.
Growth was held down to 2.1% in 1998 largely because of the
spillover from Russia's economic difficulties, but moved ahead to
3.6% in 1999 and an estimated 5.7% in 2000. The government has
adopted a series of measures to combat such persistent problems as
excessive external debt, inflation, and inadequate revenue
collection.
GDP: purchasing power parity - $12.6 billion (2000 est.)
GDP - real growth rate: 5.7% (2000 est.)
GDP - per capita: purchasing power parity - $2,700 (2000 est.)
GDP - composition by sector: agriculture: 39%
industry: 22%
services: 39% (1999 est.)
Population below poverty line: 51% (1997 est.)
Household income or consumption by percentage share: lowest 10%:
2.7%
highest 10%: 31.7% (1997)
Inflation rate (consumer prices): 18.7% (2000 est.)
Labor force: 1.7 million
Labor force - by occupation: agriculture 55%, industry 15%, services
30% (1999 est.)
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