Formal & Mobile Money Borrowing Statistics in Kyrgyzstan (2026)

According to World Bank Global Findex data, 18% of adults in Kyrgyzstan borrowed from a formal financial institution or using a mobile money account in 2024. Down from 18.2% in 2021 to 18% in 2024 (−0.2 percentage points). Kyrgyzstan ranks #37 of 46 economies in Europe & Central Asia on this measure, and #72 of 142 globally.

Latest value (2024)
18% (2024)
Formal & Mobile Money Borrowing in Kyrgyzstan as of 2024, the most recent observation in World Bank Global Findex data.
Change since 2021
−0.2 pp (2024)
Down from 18.2% in 2021 to 18% in 2024 (−0.2 percentage points).
Earliest value in this dataset (2014)
14.7% (2014)
Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 14.7% in 2014 to 18% in 2024.
Peak value (2021)
18.2% (2021)
Highest value in the available series; the 2024 value is 18%.
Rank in Europe & Central Asia
#37 of 46 (2024)
Kyrgyzstan ranks 37 of 46 countries in Europe & Central Asia with data, based on each country's latest value.
Global rank
#72 of 142 (2024)
Kyrgyzstan ranks 72 of 142 countries with data globally.
Europe & Central Asia average
33.4% (2024)
Kyrgyzstan (18%) is below the average of 33.4% across the 46 countries in Europe & Central Asia with data.
Borrowed from a formal bank or similar financial institution (% age 15+) (2024)
17.6% (2024)
Related indicator from World Bank Global Findex.
Internet use in Kyrgyzstan (2024)
92% (2024)
92% of the population in Kyrgyzstan used the internet in 2024 (World Bank); shown for context only.
Population (2024)
7.2 million (2024)
Kyrgyzstan had a population of 7.2 million in 2024 (World Bank); shown for scale only.
Formal & Mobile Money Borrowing in Kyrgyzstan by year (% of adults (age 15+))
Year % of adults (age 15+) Change
2024 18%−0.2 pp
2021 18.2%+8.0 pp
2017 10.2%−4.5 pp
2014 14.7%
Formal & Mobile Money Borrowing in Kyrgyzstan, 2014–2024Line chart of 4 observations from 2014 to 2024. Values range from 10.2% to 18.2%; the series starts at 14.7% in 2014 and ends at 18% in 2024.10%12.5%15%17.5%20%20142016201820202022202414.7%18%
Fig. 1 — Formal & Mobile Money Borrowing in Kyrgyzstan, 2014–2024

Frequently asked questions

What share of adults in Kyrgyzstan borrowed from a formal financial institution or using a mobile money account?

18% of adults in Kyrgyzstan borrowed from a formal financial institution or using a mobile money account in 2024, according to World Bank Global Findex data.

How does Kyrgyzstan compare with other countries in Europe & Central Asia?

Kyrgyzstan ranks 37 of 46 countries in Europe & Central Asia with data, with 18% versus a regional average of 33.4% (latest values per country).

Where does Kyrgyzstan rank globally on formal & mobile money borrowing?

Kyrgyzstan ranks 72 of 142 countries with data globally, based on the latest World Bank Global Findex value for each country.

When did formal & mobile money borrowing in Kyrgyzstan peak?

The highest value in the available series was 18.2% in 2021; the latest (2024) value is 18%.

How recent is the formal & mobile money borrowing data for Kyrgyzstan?

The most recent observation is from 2024. World Bank Global Findex data is reported with a lag, so 2024 is the latest available year for Kyrgyzstan.

Source: World Bank Global Findex, indicator fin22a.22a1.22g.d, retrieved .

Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.

Last updated .