Kyrgyzstan Must Add Up to 1 Million Jobs by 2040
Employers across Central Asia should plan for a growing labor pool and rising hiring competition over the next fifteen years.
Updated on Nov. 3, 2026 in Employment
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The Eurasian Fund for Stabilization and Development (EFSD) presented its flagship report on economic growth, demography and the labor market in Astana, covering Kyrgyzstan, Kazakhstan, Tajikistan and Uzbekistan. The report projects that Kyrgyzstan will need to generate 700,000 to 1 million new jobs by 2040 to absorb its growing working-age population.
Why it matters
Population growth and a reorientation of migration flows across Central Asia will force employers and governments to adapt their hiring and labor capacity. For businesses in the region, the projected labor supply shift is a planning variable for recruitment, wage budgeting and expansion decisions over the next fifteen years.
Kyrgyzstan's economy grew by an average of 10.2% annually from 2022 to 2025, and its poverty rate fell from 34% to 24% over the same period. The country's 2.7 million employed people are projected to rise to between 3.4 and 3.7 million by 2040.
The players
Eurasian Fund for Stabilization and Development (EFSD)
A regional multilateral development fund that publishes economic research and finances projects across Eurasia.
The details
The report links Kyrgyzstan's labor outlook to major infrastructure, including the Kambar-Ata-1 Hydropower Plant and the China-Kyrgyzstan-Uzbekistan railway, which support economic growth. It also highlights programs that encourage the expansion of private businesses and the creation of new companies. Together these are presented as the means of generating the jobs needed to absorb a working-age population expected to grow by 1.19 million by 2040.
Timeline
2022 to 2025: Kyrgyzstan's GDP grew by an average of 10.2% annually.
2040: Kyrgyzstan is projected to need 700,000 to 1 million new jobs.
Market Landscape
The EFSD's flagship report frames labor market planning across four Central Asian economies rather than one country at a time. The regional scope suggests that migration and demographic pressures are being treated as shared challenges for economic policy.
Employers operating in Kyrgyzstan should plan for a larger labor pool as the working-age population grows toward 2040. Companies should also expect hiring competition to intensify as the economy must add 700,000 to 1 million jobs over that period.
The takeaway
Businesses in the region should treat the 2040 job creation target as a planning horizon for recruitment and wage budgets. Monitoring private-sector expansion programs and infrastructure project timelines will indicate whether the economy is on track to absorb the projected workforce.
Further reading
For broader context on hiring trends and workforce planning, see the Employment section.
Source note: This article includes information reported by Kabar.
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