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Small business production hits 38 percent of Kyrgyz GDP

Business Materials 5 March 2012 12:21 (UTC +04:00)

Azerbaijan, Baku, March 5 / Trend V. Zhavoronkova/

The production of small business enterprises hit about 38 percent of the Kyrgyz GDP, KyrTAG reported on Monday.

There are 11,400 small enterprises, 204,000 sole proprietors and 322,000 peasant farms in Kyrgyzstan.

The small business accounts for 62 percent in agriculture, 72 percent in retail trade and car repair service, 74 percent in hotel and food services, 54 percent in transport and 17 percent in industry.

According to official data, Kyrgyz small business involves about 53,000 people.

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