ted into the World Trade Organization. With fits
and starts, inflation has been lowered to an estimated 7% in 2001,
2.1% in 2002, and 4.0% in 2003. Much of the government's stock in
enterprises has been sold. Drops in production had been severe after
the breakup of the Soviet Union in December 1991, but by mid-1995
production began to recover and exports began to increase.
Kyrgyzstan has distinguished itself by adopting relatively liberal
economic policies. The drop in output at the Kumtor gold mine
sparked a 0.5% decline in GDP in 2002, but GDP growth bounced back
to 6% in 2003. The government has made steady strides in controlling
its substantial fiscal deficit and aims to reduce the deficit to 4.4
percent of GDP in 2004. The government and the international
financial institutions have been engaged in a comprehensive
medium-term poverty reduction and economic growth strategy. Further
restructuring of domestic industry and success in attracting foreign
investment are keys to future growth.
GDP:
purchasing power parity - $7.808 billion (2003 est.)
GDP - real growth rate:
6.7% (2003 est.)
GDP - per capita:
purchasing power parity - $1,600 (2003 est.)
GDP - composition by sector:
agriculture: 38.7%
industry: 22.9%
services: 38.4% (2003 est.)
Investment (gross fixed):
17.6% of GDP (2003)
Population below poverty line:
50% (2003 est.)
Household income or consumption by percentage share:
lowest 10%: 3.2%
highest 10%: 27.7% (1999)
Distribution of family income - Gini index:
34.6 (1999)
Inflation rate (consumer prices):
3.5% (2003 est.)
Labor force:
2.7 million (2000)
Labor force - by occupation:
agriculture 55%, industry 15%, services 30% (2000 est.)
Unemployment rate:
7.2% (1999 est.)
Budget:
revenues: $371.5 million
expenditures: $387.1 million, including capital expenditures of NA
(2003 est.)
Agriculture - products:
tobacco, cotton, potatoes, vegetables, grapes, fruits and berries;
sheep, goats, cattle, wool
Industries:
small machinery, textiles, food processing, cement, shoes, sawn
logs, refrigerators, furniture, electric motors, gold, rare earth
metals
Industrial production growth rate:
6% (2000 est.)
Electricity - production:
13.45 billion kWh (2001)
Electricity - consumption:
10.46 billion kWh (2001)
Electricity - exports:
2.25 billion kWh (2001)
Electricity - imports:
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