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Economy

Remittances to Kyrgyzstan fall to $279.5 million in July, 12% below a year earlier, with Russia sending 9 dollars in 10

Individuals sent $279.5 million to Kyrgyzstan in July, the National Bank’s figures show: $262.1 million from CIS countries, $253.9 million of it from Russia, and $17.4 million from further abroad. The month is $12.6 million below June’s record of $292.1 million and $38.2 million below the $317.7 million of July 2025, a fall of 12% on the year; money sent out of the country fell to $24.4 million from $35.5 million in June, $21.8 million of it to the CIS.

By CAW Staff23 September 2026
Bar chart of remittances to Kyrgyzstan in million dollars, July 2025 at 317.7, June 2026 at 292.1 and July 2026 at 279.5 with an amber cap marking the fall since June.

The 7-month total passed $1.8 billion on the bank’s data, after $1.54 billion in the first half, so July’s fall is a fall from a high base: June was the largest month of the year. Russia’s share of the July inflow is 90.8%, the same 9 dollars in 10 it has held all year, and the far-abroad $17.4 million is the part that does not move with the rouble. The July fall is against a record June.

A month is a month, and the bank publishes no reason with the figure. The year’s figure is the one the budget watches; July is a month below its 2025 counterpart, and August, due in October, will say whether June was a peak or a pause.

The July fall is against a record June.

The Kyrgyz side of the ledger is small and shrinking too: $24.4 million out in July against $35.5 million in June, most of it to the CIS. Net, the country took in $255 million in the month, and the somoni and the Uzbek som have the same question on their desks: what a Russian labour market that sent record money in June sends in the autumn.

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