Bishkek, Oct. 1, 2025 /Kabar/. Growth surged to an estimated 11.7% in the first half of 2025, up from 8.6% a year earlier, up from 8.6% a year earlier. It was led by continued strong performance in construction and trade, alongside robust private consumption, according to Asian Development Outlook (ADO) September 2025, released on September 30.
Construction rose by 42.5%, propelled by higher government infrastructure spending and vigorous investment. Services grew by 10.0%, with solid but moderating gains in trade, and expansion in accommodation and food services. Growth in industry rebounded to 9.8% from 1.3% a year earlier, reflecting greater expansion in manufacturing despite ongoing declines in metal production, mainly gold.
Agriculture grew by 3.8%, down from 5.1% during the first half of 2024, with gains in livestock production supporting the sector.
On the demand side, with data available for only the first quarter, growth in private consumption remained robust at 12.9%, though moderating from 21.6% a year earlier. Gross capital formation rose by 4.8%, down from 14.3% during the same period of 2024. Net exports contributed to growth on the demand side as the trade deficit narrowed.
Underpinning domestic demand were a 26.2% increase in remittance inflows, 11.5% growth in real wages, and a 37.9% increase in consumer lending.