Kyrgyzstan M2 Growth
Key information about Kyrgyzstan M2 Growth
- Kyrgyzstan Money Supply M2 increased 50.5 % YoY in Sep 2025, compared with a growth of 43.8 % in the previous month
- Kyrgyzstan Money Supply M2 growth data is updated monthly, available from Jan 1995 to Sep 2025
- The data reached an all-time high of 114.9 % in Jan 1995 and a record low of -14.1 % in May 2015
CEIC calculates M2 Growth Rate from monthly M2. The National Bank of the Kyrgyz Republic provides M2 in local currency.
Further information about Kyrgyzstan M2 Growth
- In the latest reports, Kyrgyzstan Foreign Exchange Reserves was measured at 2.2 USD bn in Oct 2025
- The Foreign Exchange Reserves equaled 1.8 Months of Import in Sep 2025
- Kyrgyzstan Domestic Credit reached 5.6 USD bn in Oct 2025, representing an increased of 78.0 % YoY
- The country's Non Performing Loans Ratio stood at 10.8 % in Oct 2025, compared with the ratio of 10.7 % in the previous month
- Household Debt of Kyrgyzstan reached 2.5 USD bn in Oct 2025, accounting for 12.1 % of the country's Nominal GDP
View Kyrgyzstan's M2 Growth from Jan 1995 to Sep 2025 in the chart:
What was Kyrgyzstan's M2 Growth in Sep 2025?
Kyrgyzstan Money Supply M2 increased 50.5 % YoY in Sep 2025, compared with a growth of 43.8 % in the previous month See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 50.5 Sep 2025 | 43.8 Aug 2025 | -14.1 May 2015 | 114.9 Jan 1995 | % | monthly | Jan 1995 - Sep 2025 |
M2 Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 9.4 Jan 2025 | monthly | Dec 1994 - Jan 2025 |
| Algeria (%) | 4.0 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Argentina (%) | 37.9 Sep 2025 | monthly | Jan 1991 - Sep 2025 |
| Armenia (%) | 22.1 Sep 2025 | monthly | Jan 2003 - Sep 2025 |
| Australia (%) | 7.1 Oct 2025 | monthly | Mar 1966 - Oct 2025 |
| Austria (%) | 2.2 Oct 2025 | monthly | Sep 1998 - Oct 2025 |
| Azerbaijan (%) | 6.9 Oct 2025 | monthly | Dec 1996 - Oct 2025 |
| Bahrain (%) | -1.4 Sep 2025 | monthly | Dec 1975 - Sep 2025 |
| Bangladesh (%) | 8.1 Sep 2025 | monthly | Jun 1987 - Sep 2025 |
| Belarus (%) | 23.9 Oct 2025 | monthly | Dec 1990 - Oct 2025 |
| Belgium (%) | 2.2 Oct 2025 | monthly | Dec 1997 - Oct 2025 |
| Bolivia (%) | 17.4 Aug 2025 | monthly | Dec 1988 - Aug 2025 |
| Bosnia and Herzegovina (%) | 9.2 Sep 2025 | monthly | Aug 1998 - Sep 2025 |
| Botswana (%) | -0.5 Sep 2025 | monthly | Jan 2002 - Sep 2025 |
| Brazil (%) | 12.0 Oct 2025 | monthly | Jan 1971 - Oct 2025 |
| Bulgaria (%) | 7.7 Oct 2025 | monthly | Dec 1996 - Oct 2025 |
| Cambodia (%) | 16.7 Oct 2025 | monthly | Jan 1996 - Oct 2025 |
| Canada (%) | 5.2 Sep 2025 | monthly | Jan 1969 - Sep 2025 |
| Chile (%) | 2.4 Oct 2025 | monthly | Jan 1987 - Oct 2025 |
| China (%) | 7.0 Jan 2025 | monthly | Mar 1997 - Jan 2025 |
| Colombia (%) | 11.2 Oct 2025 | monthly | Dec 1980 - Oct 2025 |
| Croatia (%) | 7.6 Sep 2025 | monthly | Jun 1995 - Sep 2025 |
| Cyprus (%) | -5.2 2014 | yearly | 2006 - 2014 |
| Czech Republic (%) | 2.3 Oct 2025 | monthly | Jan 2003 - Oct 2025 |
| Denmark (%) | 3.4 Aug 2017 | monthly | Jan 1996 - Aug 2017 |
| Ecuador (%) | 14.1 Sep 2025 | monthly | Dec 2007 - Sep 2025 |
| Egypt (%) | 22.9 Sep 2025 | monthly | Jan 1997 - Sep 2025 |
| Estonia (%) | 4.8 Oct 2025 | monthly | Jan 2012 - Oct 2025 |
| European Union (%) | 3.1 Oct 2025 | monthly | Jan 1981 - Oct 2025 |
| Finland (%) | 3.6 Oct 2025 | monthly | Jan 1981 - Oct 2025 |
| France (%) | 0.5 Sep 2025 | monthly | Dec 1978 - Sep 2025 |
| Georgia (%) | 17.9 Oct 2025 | monthly | Oct 1996 - Oct 2025 |
| Germany (%) | 3.3 Oct 2025 | monthly | Jan 1970 - Oct 2025 |
| Ghana (%) | 30.3 Jun 2025 | quarterly | Mar 1991 - Jun 2025 |
| Greece (%) | 4.2 Oct 2025 | monthly | Jan 2002 - Oct 2025 |
| Hong Kong SAR, China (%) | 10.6 Oct 2025 | monthly | Dec 1981 - Oct 2025 |
| Hungary (%) | 8.3 Sep 2025 | monthly | Jan 1999 - Sep 2025 |
| Iceland (%) | 7.7 Oct 2025 | monthly | Sep 1987 - Oct 2025 |
| India (%) | 11.3 Sep 2025 | monthly | Mar 1995 - Sep 2025 |
| Indonesia (%) | 7.7 Oct 2025 | monthly | Feb 1969 - Oct 2025 |
| Iran (%) | 27.8 Feb 2025 | monthly | Dec 2000 - Feb 2025 |
| Ireland (%) | 4.7 Oct 2025 | monthly | Jan 2000 - Oct 2025 |
| Israel (%) | 6.6 Dec 2024 | monthly | Apr 1982 - Dec 2024 |
| Italy (%) | 2.7 Sep 2025 | monthly | Dec 1975 - Sep 2025 |
| Ivory Coast (%) | 17.0 Aug 2025 | monthly | Jan 2005 - Aug 2025 |
| Japan (%) | 1.6 Oct 2025 | monthly | Jan 1968 - Oct 2025 |
| Jordan (%) | 6.4 Jan 2025 | monthly | Jan 1991 - Jan 2025 |
| Kazakhstan (%) | 16.6 Oct 2025 | monthly | Dec 1994 - Oct 2025 |
| Kenya (%) | 27.8 Sep 2025 | monthly | Dec 1996 - Sep 2025 |
| South Korea (%) | 8.9 Sep 2025 | monthly | Jan 1971 - Sep 2025 |
| Kosovo (%) | 12.4 2024 | yearly | 2002 - 2024 |
| Kuwait (%) | 3.5 Oct 2025 | monthly | Jan 1995 - Oct 2025 |
| Kyrgyzstan (%) | 50.5 Sep 2025 | monthly | Jan 1995 - Sep 2025 |
| Laos (%) | 15.7 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| Latvia (%) | 6.2 Oct 2025 | monthly | Jan 2015 - Oct 2025 |
| Lebanon (%) | 7.4 Nov 2024 | monthly | Dec 1980 - Nov 2024 |
| Lithuania (%) | 8.4 Oct 2025 | monthly | Dec 1994 - Oct 2025 |
| Luxembourg (%) | 6.5 Sep 2025 | monthly | Jan 2000 - Sep 2025 |
| Macau SAR, China (%) | 8.1 Sep 2025 | monthly | Jun 1985 - Sep 2025 |
| North Macedonia (%) | 7.0 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Malawi (%) | 51.0 Sep 2025 | monthly | Jan 1976 - Sep 2025 |
| Malaysia (%) | 4.5 Oct 2025 | monthly | Dec 1970 - Oct 2025 |
| Malta (%) | 5.8 Oct 2025 | monthly | Jan 2009 - Oct 2025 |
| Mauritius (%) | 10.1 Oct 2025 | monthly | Jul 1977 - Oct 2025 |
| Mexico (%) | 8.1 Oct 2025 | monthly | Dec 1986 - Oct 2025 |
| Moldova (%) | 10.7 Oct 2025 | monthly | Jan 2001 - Oct 2025 |
| Mongolia (%) | 7.0 Oct 2025 | monthly | Dec 1997 - Oct 2025 |
| Montenegro (%) | 9.9 2024 | yearly | 2003 - 2024 |
| Morocco (%) | 9.1 Oct 2025 | monthly | Jan 1986 - Oct 2025 |
| Mozambique (%) | 12.6 Aug 2025 | monthly | Dec 2002 - Aug 2025 |
| Myanmar (%) | 15.9 Mar 2024 | quarterly | Dec 2002 - Mar 2024 |
| Nepal (%) | 12.4 Sep 2025 | monthly | Jan 2002 - Sep 2025 |
| Netherlands (%) | 3.5 Sep 2025 | monthly | Dec 1957 - Sep 2025 |
| New Zealand (%) | 5.6 Oct 2025 | monthly | Mar 1989 - Oct 2025 |
| Nigeria (%) | 10.2 Oct 2025 | monthly | Apr 1991 - Oct 2025 |
| Norway (%) | 6.1 Oct 2025 | monthly | Dec 1993 - Oct 2025 |
| Oman (%) | 4.3 Sep 2025 | monthly | Jan 2000 - Sep 2025 |
| Pakistan (%) | 12.9 Sep 2025 | monthly | Jan 1989 - Sep 2025 |
| Palestinian Territory (%) | 16.7 Sep 2025 | monthly | Jul 2003 - Sep 2025 |
| Panama (%) | 9.0 Aug 2025 | monthly | Dec 2003 - Aug 2025 |
| Paraguay (%) | 12.9 Oct 2025 | monthly | Dec 1989 - Oct 2025 |
| Peru (%) | 2.4 Oct 2025 | monthly | Jan 1993 - Oct 2025 |
| Philippines (%) | 8.0 Sep 2025 | monthly | Dec 1989 - Sep 2025 |
| Poland (%) | 9.5 Jan 2025 | monthly | Dec 1997 - Jan 2025 |
| Portugal (%) | 6.0 Oct 2025 | monthly | Dec 1980 - Oct 2025 |
| Qatar (%) | 0.9 Oct 2025 | monthly | Jan 1983 - Oct 2025 |
| Romania (%) | 7.3 Oct 2025 | monthly | Dec 2002 - Oct 2025 |
| Russia (%) | 13.0 Oct 2025 | monthly | Dec 1992 - Oct 2025 |
| Saudi Arabia (%) | 7.4 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| Serbia (%) | 12.5 Oct 2025 | monthly | Aug 2002 - Oct 2025 |
| Singapore (%) | 6.4 Oct 2025 | monthly | Mar 2005 - Oct 2025 |
| Slovakia (%) | 5.6 Oct 2025 | monthly | Dec 2001 - Oct 2025 |
| Slovenia (%) | 6.1 Oct 2025 | monthly | Jan 2008 - Oct 2025 |
| South Africa (%) | 8.1 Oct 2025 | monthly | Mar 1966 - Oct 2025 |
| Spain (%) | 5.3 Oct 2025 | monthly | Jan 1963 - Oct 2025 |
| Sri Lanka (%) | 11.1 Jan 2025 | monthly | Jan 1995 - Jan 2025 |
| Sudan (%) | 90.6 Dec 2024 | monthly | Dec 2004 - Dec 2024 |
| Sweden (%) | 4.1 Oct 2025 | monthly | Jan 1999 - Oct 2025 |
| Switzerland (%) | -10.4 Jun 2023 | monthly | Dec 1985 - Jun 2023 |
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Learn more about what we doKyrgyzstan Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 7.5 Sep 2025 | monthly | Jan 2007 - Sep 2025 |
| Consolidated Fiscal Balance (USD mn) | 78.756 Oct 2025 | monthly | Jan 2007 - Oct 2025 |
| Tax Revenue (USD mn) | 508.372 Oct 2025 | monthly | Jan 2007 - Oct 2025 |
| Tax Revenue: % of GDP (%) | 21.7 Sep 2025 | quarterly | Mar 2007 - Sep 2025 |
| National Government Debt (USD mn) | 8,646.5 Aug 2025 | monthly | Jan 2011 - Aug 2025 |
| Government Debt: % of GDP (%) | 44.6 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Forecast: Government Expenditure (KGS bn) | 1,075.720 2030 | yearly | 1995 - 2030 |
| Forecast: Government Net Debt (KGS bn) | 1,221.773 2030 | yearly | 2000 - 2030 |
| Forecast: Government Revenue (KGS bn) | 993.554 2030 | yearly | 1993 - 2030 |
| State Budget: ytd: Operating Activities (OA): Net Inflow (KGS mn) | 11,838.491 Jan 2025 | monthly | Jan 2007 - Jan 2025 |
| State Budget: ytd: OA: Revenue: Tax: ow VAT (KGS mn) | 13,541.933 Jan 2025 | monthly | Jan 2007 - Jan 2025 |
| State Budget: ytd: OA: Revenue: Tax: ow Excises (KGS mn) | 856.543 Jan 2025 | monthly | Jan 2007 - Jan 2025 |
| State Budget: ytd: OA: Revenue (KGS mn) | 35,987.660 Jan 2025 | monthly | Jan 2007 - Jan 2025 |
| State Budget: ytd: OA: Expenditure (KGS mn) | 24,149.170 Jan 2025 | monthly | Jan 2007 - Jan 2025 |
| State Budget: ytd: Deficit or Surplus of Cash Resources (KGS mn) | 7,482.482 Jan 2025 | monthly | Jan 2007 - Jan 2025 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.562 2028 | yearly | 1993 - 2028 |
| Trade Balance (USD mn) | -818.0 Sep 2025 | monthly | Jan 2002 - Sep 2025 |
| Total Exports (USD mn) | 447.5 Sep 2025 | monthly | Jan 2003 - Sep 2025 |
| Total Exports Growth (%) | -25.8 Sep 2025 | monthly | Jan 2004 - Sep 2025 |
| Aluminum: Exports (USD th) | 2,871.713 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 2,626.440 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 2,029.801 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 1,265.5 Sep 2025 | monthly | Jan 2003 - Sep 2025 |
| Total Imports Growth (%) | -20.5 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Imports: Medicament (USD th) | 216,152.457 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 23,830.274 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 0.518 Sep 2025 | monthly | Jan 2003 - Sep 2025 |
| Total Imports from USA (USD mn) | 15.188 Sep 2025 | monthly | Jan 2003 - Sep 2025 |
| Total Exports to China (USD mn) | 5.885 Sep 2025 | monthly | Jan 2003 - Sep 2025 |
| Total Imports from China (USD mn) | 397.967 Sep 2025 | monthly | Sep 1994 - Sep 2025 |
| Exports: Harmonised System: Pearls and Precious Stones (USD mn) | 0.246 Aug 2021 | monthly | Jan 2003 - Aug 2021 |
| Exports: Harmonised System: Plastics and Rubber (USD mn) | 4.918 Aug 2021 | monthly | Jan 2003 - Aug 2021 |
| Exports: Harmonised System: Textiles and Textile Products (USD mn) | 7.308 Aug 2021 | monthly | Jan 2003 - Aug 2021 |
| Exports: Harmonised System: Vegetable Products (USD mn) | 6.482 Aug 2021 | monthly | Jan 2003 - Aug 2021 |
| Exports: Harmonised System: Mineral Products (USD mn) | 13.545 Aug 2021 | monthly | Jan 2003 - Aug 2021 |
| Exports: CIS States: Kazakhstan (USD mn) | 22.994 Aug 2021 | monthly | Jan 2003 - Aug 2021 |
| Exports: CIS States: Uzbekistan (USD mn) | 14.751 Aug 2021 | monthly | Jan 2003 - Aug 2021 |
| Exports: CIS States: Russia (USD mn) | 25.356 Aug 2021 | monthly | Jan 2003 - Aug 2021 |
| Exports: Non CIS States: Switzerland (USD mn) | 0.027 Aug 2021 | monthly | Jan 2003 - Aug 2021 |
| Exports: Non CIS States: United Arab Emirates (USD mn) | 6.822 Aug 2021 | monthly | Jan 2003 - Aug 2021 |
| Imports: Harmonised System: Metals and Metal Products (USD mn) | 31.096 Aug 2021 | monthly | Jan 2003 - Aug 2021 |
| Imports: Harmonised System: Mineral Products (USD mn) | 76.405 Aug 2021 | monthly | Jan 2003 - Aug 2021 |
| Imports: Harmonised System: Machinery and Equipment (USD mn) | 60.724 Aug 2021 | monthly | Jan 2003 - Aug 2021 |
| Imports: Harmonised System: Chemical Products (USD mn) | 37.810 Aug 2021 | monthly | Jan 2003 - Aug 2021 |
| Imports: Harmonised System: Food, Beverages and Tobacco (USD mn) | 41.171 Aug 2021 | monthly | Jan 2003 - Aug 2021 |
| Imports: Non CIS States: USA (USD mn) | 7.662 Aug 2021 | monthly | Jan 2003 - Aug 2021 |
| Imports: CIS States: Russia (USD mn) | 136.069 Aug 2021 | monthly | Jan 2003 - Aug 2021 |
| Imports: CIS States: Ukraine (USD mn) | 4.991 Aug 2021 | monthly | Jan 2003 - Aug 2021 |
| Imports: Non CIS States: China (USD mn) | 113.146 Aug 2021 | monthly | Jan 2003 - Aug 2021 |
| Imports: CIS States: Kazakhstan (USD mn) | 60.820 Aug 2021 | monthly | Jan 2003 - Aug 2021 |
| Export Index (Prev Year=100) | 146.800 2023 | yearly | 2004 - 2023 |
| Trade Index (Prev Year=100) | 129.900 2023 | yearly | 2004 - 2023 |
| Import Index (Prev Year=100) | 126.000 2023 | yearly | 2004 - 2023 |
| Import Value Index (2015=100) | 136.871 2021 | yearly | 1995 - 2021 |
| Export Value Index (2015=100) | 115.089 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 10.8 Oct 2025 | monthly | Dec 2000 - Oct 2025 |
| Household Debt: % of GDP (%) | 9.1 Dec 2024 | quarterly | Dec 2000 - Dec 2024 |
| Non-Performing Loans (USD mn) | 587.846 Oct 2025 | monthly | Dec 2000 - Oct 2025 |
| Money Supply M1 (USD mn) | 4,193.599 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
| Money Supply M2 (USD mn) | 5,625.371 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
| M2 Growth (%) | 50.5 Sep 2025 | monthly | Jan 1995 - Sep 2025 |
| Reserve Requirement Ratio (%) | 9.0 Sep 2015 | monthly | Jan 2007 - Sep 2015 |
| Foreign Exchange Reserves (USD mn) | 2,164.3 Oct 2025 | monthly | Jul 1995 - Oct 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 9.151 Dec 2024 | quarterly | Dec 2000 - Dec 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.8 Sep 2025 | monthly | Jan 2003 - Sep 2025 |
| Gold Reserves (USD mn) | 5,441.922 Oct 2025 | monthly | Sep 1995 - Oct 2025 |
| Total Deposits (USD mn) | 9,200.443 Sep 2025 | monthly | Jan 1996 - Sep 2025 |
| Total Deposits Growth (%) | 44.8 Sep 2025 | monthly | Jan 1997 - Sep 2025 |
| Domestic Credit (USD mn) | 5,633.6 Oct 2025 | monthly | Dec 2002 - Oct 2025 |
| Domestic Credit Growth (%) | 78.0 Oct 2025 | monthly | Dec 2003 - Oct 2025 |
| Household Debt (USD mn) | 2,510.2 Oct 2025 | monthly | Jan 1996 - Oct 2025 |
| Total Loans (USD mn) | 5,462.952 Oct 2025 | monthly | Jan 1996 - Oct 2025 |
| Total Loans Growth (%) | 51.96 Oct 2025 | monthly | Jan 1997 - Oct 2025 |
| Private Debt: % of Nominal GDP (%) | 27.20 Sep 2025 | quarterly | Dec 2003 - Sep 2025 |
| Monetary Aggregates: M2 (KGS mn) | 489,407.278 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
| Monetary Aggregates: M0 (KGS mn) | 205,865.943 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
| Monetary Aggregates: M1 (KGS mn) | 395,637.487 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
| Official Reserve Assets: Gold incl Gold Deposits and Gold Swapped (USD mn) | 488.910 Jan 2019 | monthly | Jan 2009 - Jan 2019 |
| Official Reserve Assets (USD mn) | 5,224.360 Feb 2025 | monthly | Jan 2009 - Feb 2025 |
| Official Reserve Assets: Foreign Currency (USD mn) | 1,398.150 Feb 2025 | monthly | Jan 2009 - Feb 2025 |
| Reserve Requirement Ratio: Foreign Currency Deposits (%) | 15.000 Dec 2024 | monthly | Oct 2015 - Dec 2024 |
| Credit: CB: Outstanding Amount: Mortgages (KGS mn) | 39,897.151 Jan 2025 | monthly | Jan 1996 - Jan 2025 |
| Credit: CB: Outstanding Amount: Consumer Loans (KGS mn) | 104,038.457 Jan 2025 | monthly | Jan 1996 - Jan 2025 |
| Credit: Commercial Banks (CB): Outstanding Amount (KGS mn) | 347,175.606 Jan 2025 | monthly | Jan 1996 - Jan 2025 |
More Indicators for Kyrgyzstan
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