Kyrgyzstan: Inflation

* indicates monthly or quarterly data series
 Kyrgyzstan

Inflation: percent change in the Consumer Price Index

 Latest value 10.8
 Year 2023
 Measure percent
 Data availability 1996 - 2023
 Average 10.2
 Min - Max 0.4 - 37.0
 Source The World Bank
The latest value from 2023 is 10.8 percent, a decline from 13.9 percent in 2022. In comparison, the world average is 10.0 percent, based on data from 149 countries. Historically, the average for Kyrgyzstan from 1996 to 2023 is 10.2 percent. The minimum value, 0.4 percent, was reached in 2016 while the maximum of 37 percent was recorded in 1999. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Kyrgyzstan - Inflation - Recent values chart

Historical series
Kyrgyzstan - Inflation - historical chart - 1996-2023




Inflation in Kyrgyzstan and other countries is usually calculated as the percent change in the Consumer Price Index (CPI) from one year to the next. The CPI represents the prices paid by the average urban consumer in each respective country. Inflation can also be calculated with other price indexes such as the Produce Price Index or the so-called GDP deflator.

Most countries try to keep inflation somewhere around 2-3 percent per year. That is too low to cause any problems for the businesses and households. At the same time, it is comfortably away from negative inflation, i.e. from deflation. Of course, this target is often missed.
Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

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 Related indicators Latest Reference Measure
 Inflation 10.8 2023 percent
 Exchange rate regimes 5 2022 index points
 USD exchange rate 86.3713 11/2024 Local Currency Units per USD
 Money supply (broad money) 429.94 6/2024 billion
 Consumer Price Index (CPI) 416.2578 10/2024 index points
 Inflation, monthly 0.72 10/2024 percent
 Inflation, annual 4.76 10/2024 percent
 Private sector credit 314.38 10/2024 billion
 Deposit interest rate 13.27 7/2024 percent
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