BAKU, Azerbaijan, October 14. Kyrgyzstan’s
secondary income balance surplus amounted to $687.3 million in the
first quarter of 2026, decreasing by 7.1% year-on-year.
This was reported based on statistical data published by the
National Bank of the Kyrgyz Republic.
According to the national bank, the figure decreased from $740.1
million recorded in the same period of 2025.
In 2025, the secondary income balance surplus amounted to $3.4
billion, compared with $2.77 billion in 2024, $2.31 billion in
2023, and $2.15 billion in 2022.
During 2025, the surplus amounted to $740.1 million in the first
quarter, $865.7 million in the second quarter, $926.5 million in
the third quarter, and $866.7 million in the fourth quarter.
Trend estimates
that Kyrgyzstan’s secondary income balance is likely to remain in
surplus throughout 2026, supported by the established scale of
secondary income inflows and the consistently positive balance
recorded in recent years.
According to Trend’s calculations, if quarterly surplus remains
broadly within the range of $650–900 million, Kyrgyzstan’s annual
secondary income balance surplus could amount to approximately
$2.7–3.4 billion in 2026. This range reflects the quarterly levels
recorded in 2025 and the $687.3 million surplus registered in the
first quarter of 2026.
The continued positive balance would provide a stable
contribution to Kyrgyzstan’s external income flows during the year.
Further quarterly data will help determine whether the annual
surplus remains close to the level recorded in 2025 or moves toward
the upper end of the estimated range.
