BAKU, Azerbaijan, August 16. Kyrgyzstan
recorded the highest growth in industrial production among EAEU
member states in January-June 2026, increasing output by 12.7%
year-on-year.
This was reported by the Eurasian Economic Commission (EEC) on
August 7.
According to the report, industrial production across the EAEU
increased by 0.7% in the first six months of 2026 compared with the
same period of 2025.
Armenia ranked second with a 10.8% increase, followed by
Kazakhstan with 3.5% and Russia with 0.4%.
Meanwhile, Belarus was the only EAEU member state to record a
decline, with industrial production decreasing by 0.7%
year-on-year.
The figures indicate that Kyrgyzstan's industrial sector
expanded at a substantially faster pace than the EAEU average
during the reporting period.
At the same time, the structure of growth shows that
Kyrgyzstan's industrial expansion is already moving beyond
individual commodity-based industries. According to the country’s
National Statistical Committee, chemical production increased
nearly 2.9 times, pharmaceutical output rose 80%, vehicle
production 40.7%, and construction materials 33.4%. Meanwhile,
mining output increased 12.8%, while basic metals production rose
11.9%.
Trend's analysis
suggests that the combination of industrial expansion with active
construction and investment will gradually increase demands on
Kyrgyzstan's energy system. The divergence in growth rates is
particularly notable: while industry is expanding at a double-digit
pace, electricity, gas, steam and air-conditioning supply is not
showing comparable growth. In the first half of the year, value
added in this sector even declined 1.2% year-on-year, while its
share of GDP fell from 2.3% to 1.9%.
This creates a rather unusual sequence of economic priorities
for Kyrgyzstan. The country is rapidly expanding its production
base, increasingly through processing industries, while
subsequently facing the need to provide this base with sufficient
volumes of reliable and relatively affordable energy. Therefore,
further development of generation capacity, modernization of power
grids and improvements in energy supply reliability will likely
become not merely infrastructure tasks, but prerequisites for
sustaining the current pace of industrial growth.
The fact that industrial growth is accompanied by a significant
expansion in construction is also noteworthy. This means energy
demand could increase on several fronts at once, driven by new
production facilities, infrastructure and growing domestic
consumption. If current growth rates persist, Kyrgyzstan will
likely need to direct increasing investment toward the energy
sector to prevent industrial expansion from running into the limits
of the country's power system.