Kyrgyz Republic's borrowers from commercial banks (per 1,000 adults) was 267.63 in 2024, the latest year in the World Bank's World Development Indicators. That is up 377.39% from 56.06 in 2014 (16.92% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 267.63 | 2024 |
| Five years earlier | 121.95 | 2019 |
| Ten years earlier | 56.06 | 2014 |
| Highest | 267.63 | 2024 |
| Lowest | 22.64 | 2009 |
| Average since 2015 | 135.06 | 2015–2024 |
| First recorded | 22.64 | 2009 |
What the numbers say
In 2024, Kyrgyz Republic's borrowers from commercial banks (per 1,000 adults) rose 75.85 on 2023 (from 191.78 to 267.63).
Across the 14 yearly changes before that (2010 to 2023), the average change was +12.08 and a typical year strayed about 13.35 from that (the standard deviation). This year's change was 4.8 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 75.85 in 2024 and the biggest yearly fall was 10.31 in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 15.82 a year. A straight line explains 74% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about 249.83 for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 50.07, against 77.72 for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2024, Kyrgyz Republic had the 33rd highest value of the 78 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Kyrgyz Republic | 267.63 | 2024 |
| World | 196.36 | 2022 |
| Lower middle income | 75.98 | 2024 |
Closest to Kyrgyz Republic in the 2024 ranking
What this measures
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.
Limitations: For many countries data cover the total number of loan accounts due to lack of information on loan account holders. For several countries, data cover all borrowers including commercial banks, credit unions and financial cooperatives, deposit taking microfinance institutions, and other deposit takers. These include all resident financial corporations and quasi-corporations (except the central bank) that are mainly engaged in financial intermediation and that issue liabilities included in the national definition of broad money.
Regional and income-group figures are computed by the World Bank as a median.
All 16 values
| Year | Borrowers from commercial banks (per 1,000 adults) |
|---|---|
| 2024 | 267.63 |
| 2023 | 191.78 |
| 2022 | 147.68 |
| 2021 | 124.64 |
| 2020 | 111.65 |
| 2019 | 121.95 |
| 2018 | 108.13 |
| 2017 | 96.52 |
| 2016 | 94.74 |
| 2015 | 85.92 |
| 2014 |
Borrowers from commercial banks (per 1,000 adults) in nearby economies
- Albania — 155.95 (2024)
- Azerbaijan — 392.8 (2024)
- Belgium — 672.95 (2021)
- Bosnia and Herzegovina — 333.59 (2024)
- Croatia — 540.72 (2024)
- Cyprus — 348.79 (2024)
- Estonia — 505.66 (2024)
- Georgia — 559.22 (2024)
- Hungary — 417.28 (2024)
- Italy
More financial sector data for Kyrgyz Republic
- GDP deflator (base year varies by country) — 209.56 (2025)
- Inflation, GDP deflator (annual % growth) — 12.4% (2025)
- Inflation, GDP deflator, linked series (annual % growth) — 12.4% (2025)
- GDP deflator, linked series (base year varies by country) — 209.56 (2025)
- DEC alternative conversion factor (LCU per US$) — US$87.36 (2025)
- Official exchange rate (LCU per US$, period average) — US$87.36 (2025)
- Consumer price index (2010 = 100) — 265.55 (2025)
- Domestic credit to private sector by banks (% of GDP) — 22.17% (2024)
- Net domestic credit (current LCU)
Reading data like this
Questions people ask
- What is Kyrgyz Republic's borrowers from commercial banks (per 1,000 adults)?
- 267.63 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2009?
- It is up 1,082% from 22.64 in 2009 (17.9% a year on average, compounded). The highest value was 267.63 in 2024 and the lowest 22.64 in 2009.
Source
World Bank, World Development Indicators, indicator FB.CBK.BRWR.P3, licensed CC BY 4.0. Original source: Financial Access Survey, International Monetary Fund (IMF), uri: https://data.imf.org/en/datasets/IMF.STA:FAS Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in