Imports of Goods and Services for Kyrgyz Republic
KGZBMUSD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,898,174,816.70
Year-over-Year Change
121.60%
Date Range
1/1/2000 - 1/1/2025
Summary
The 'Imports of Goods and Services for Kyrgyz Republic' metric tracks the total value of goods and services imported into Kyrgyzstan's economy. This is a key indicator of the country's trade balance and economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the dollar value of all goods and services imported into Kyrgyzstan, including merchandise, travel, transportation, intellectual property, and other services. Analyzing import trends provides insights into domestic consumption, production, and trade dynamics.
Methodology
The data is collected and reported by the National Statistics Committee of the Kyrgyz Republic.
Historical Context
Imports are an important variable used by policymakers, analysts, and businesses to understand Kyrgyzstan's economic performance and trade relationships.
Key Facts
- Kyrgyzstan is a landlocked country in Central Asia.
- Imports account for over 60% of Kyrgyzstan's GDP.
- Top import categories include machinery, vehicles, and mineral fuels.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of goods and services imported into the Kyrgyz economy, providing a measure of the country's international trade activity.
Q: Why is this trend relevant for users or analysts?
A: Analyzing import trends offers insights into Kyrgyzstan's domestic consumption, production capabilities, and trade dynamics, which are crucial for understanding the overall state of the economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the National Statistics Committee of the Kyrgyz Republic.
Q: How is this trend used in economic policy?
A: Imports are a key variable used by policymakers, economists, and businesses to assess Kyrgyzstan's trade balance, economic performance, and effectiveness of trade policies.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and procedures of the Kyrgyz statistical agency, which may result in occasional delays or revisions.
Related Trends
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Value of Exports to Kyrgyzstan from New Hampshire
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Value of Exports to Kyrgyzstan from North Carolina
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Bank's Non-Interest Income to Total Income for Kyrgyzstan
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Citation
U.S. Federal Reserve, Imports of Goods and Services for Kyrgyz Republic (KGZBMUSD), retrieved from FRED.