Domestic Policy > Economy

Economic Quick Facts

ECONOMIC QUICK FACTS ABOUT KAZAKHSTAN

  • GDP (2017): $478.6 billion (#42 in the world)
  • GDP per capita: $26,300 (#79 in the world)
  • GDP growth rate: 4% in 2017, 1.1% in 2016, 1.7% in 2015
  • International Reserves: $98 billion (45% of GDP)
  • Unemployment: 4.9% (youth - 3.8%)
  • Inflation: 1.8% (Aug 2015), 7.4% (2017)
  • Foreign trade turnover increased by 25 percent to $69.5 billion in 2017.
  • Exports increased by 30% to $48.3 billion (2017) / Imports increased by 15.5 to $29.3 billion (2017)

KZUS trade

  • Major trade partners: EU (49.8%), Russia (19%), China (13.5%), US (2.6%)
  • Major exports: energy (78%), mining (8%) and agriculture (3%)
  • Crude oil production: 1.6 million barrels per day (#9 by proved reserves)
  • Foreign Direct Investments: over $203 billion (since 1993)
  • Government debt: 12% of GDP or $27 billion (42% external)
  • Budget spending: $25.4 billion (3% deficit)
  • Market capitalization of Kazakhstan Stock Exchange: $44 billion
  • Member of Eurasian Economic Union (Russia, Kazakhstan, Belorussia, Armenia and Kyrgyzstan)
  • Member of WTO since 2015
  • Ranked 59th in World Economic Forum’s Global Competitiveness Index (2018)
  • Ranked 28th in World Bank’s Ease of Doing Business (2019)