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Kyrgyzstan

Kyrgyzstan > Law firm and leading lawyer rankings

Editorial

Legal market overview

The elections held in October 2017 marked the first democratic transfer of power in Kyrgyzstan, yet it continues to be ranked among the top 50 countries in the world with the highest perceived level of corruption. It is the second poorest country in Central Asia after Tajikistan, with around 32% of the country’s population living below the poverty line.

Kyrgyzstan is rich in mineral resources, especially gold; the Kumtor gold mine alone accounts for 10% of the country’s GDP. In recent months, the government has increased its share of the mine from a quarter to a third, in an attempt to take more control over the country’s biggest asset. Negligible petroleum and natural gas reserves mean there is still a high dependence on foreign energy imports. The country’s plentiful water sources and mountainous terrain provide opportunities for hydroelectric projects, yet this resource remains largely untapped due to energy tariffs and restrictions on land ownership by foreigners. Agricultural processing is a key component of the economy; however, a lack of advanced technology means the work is carried out by hand, decreasing potential output.

Kyrgyzstan is rich in mineral resources, especially gold; the Kumtor gold mine alone accounts for 10% of the country’s GDP. In recent months, the government has increased its share of the mine from a quarter to a third, in an attempt to take more control over the country’s biggest asset. Negligible petroleum and natural gas reserves mean there is still a high dependence on foreign energy imports. The country’s plentiful water sources and mountainous terrain provide opportunities for hydroelectric projects, yet this resource remains largely untapped due to energy tariffs and restrictions on land ownership by foreigners. Agricultural processing is a key component of the economy; however, a lack of advanced technology means the work is carried out by hand, decreasing potential output.

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