Kazakhstan: Economy
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Income Level (by per capita GNI) Source: The World Bank Possible values: High Income, Upper Middle Income, Lower Middle Income and Low Income |
Upper Middle Income |
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Level of Development
Source: United Nations Possible values: Developed, In Transition and Developing |
In Transition |
| Economic Trivia | Kazakhstan is the first nation from the former Soviet Union to get an investment-grade credit rating. |
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Trade
Source: United Nations Comtrade Note: Top 3 trade partners are calculated by imports + exports. |
Top 3 Trade Partners (2020): Russia, China, and Italy |
| Top Industries Source: CIA World Factbook | Oil; Coal; Iron Ore; Manganese |
Gross Domestic Product (GDP) [1]
| GDP, PPP (current international) | $604,550,591,431 (2022) |
| GDP Growth Rate (annual %) | 3.2% (2022) |
| GDP Per Capita, PPP (current international) | $30,810 (2022) |
GDP Country Rank 42/197 (2022)
Economic Indicators [1]
| Inflation, consumer prices (annual %) | 8.042% (2021) |
| External debt stocks, total (DOD, current US$) | $159,754,748,641 (2021) |
| Total tax rate (% of commercial profits) | 28.4% (2019) |
| Real Interest Rate (5 year average %) | Data unavailable |
| Manufacturing, value added (% of GDP) | 13.193% (2022) |
| Current Account Balance (BoP, current US$) | $8,527,557,647 (2022) |
Labor and Employment [1]
| Labor Force, Total | 9,632,385 (2022) |
| Employment in Agriculture (% of total employment) | 15.049% (2021) |
| Employment in Industry (% of total employment) | 21.178% (2021) |
| Employment in Services (% of total employment) | 63.774% (2021) |
| Unemployment Rate | 5.008% (2022) |
Trade [1]
| Imports of goods and services (current US$) | $47,301,125,714 (2021) |
| Exports of goods and services (current US$) | $66,124,956,006 (2021) |
| Total Merchandise Trade (% of GDP) | 60.85% (2022) |
| FDI, net inflows (BoP, current US$) | $4,907,465,709 (2022) |
| Commercial Service Exports (current US$) | $7,693,509,563 (2022) |
Economic Snapshot [1]
Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.
How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Kazakhstan’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.