Economy of Kazakhstan
Population: 18.28 M (2018)
GDP per Capita: 9,813 USD (2018)
179,340 M.

GDP USD

(2018)

Display Chart
67,300 M.

EXPORTS USD

(2018)

Display Chart
45,360 M.

IMPORTS USD

(2018)

Display Chart
21.01 %

PUBLIC DEBT

(2018)

Display Chart
Data is provided by World Bank, FMI and Central Banks.

GDP and Economic Growth

Indicator Value
Economic Growth 4.10 % (2018)
GDP of 2010 USD USD 204.10 B. (2018)
GDP Current USD USD 179.34 B. (2018)
GDP per Capita Current USD USD 9,813 (2018)
GDP per capita, PPP USD 24,738 (2018)
GDP per Capita, 2010 USD USD 11,166 (2018)

Government spending and balances

Indicator Value
Government Spending % GDP 8.35 % (2018)
Government Spending USD 14.98 B. (2018)
Government Debt % GDP 21.01 % (2018)

International Trade and Investment

Indicator Value
Terms of Trade Base Year 2000 189.27 (2018)
Trade Openness 62.82 % (2018)
Exports of Goods and Services % GDP 37.53 % (2018)
Exports Goods & Services USD 67.30 B. (2018)
Exports Annual Growth 11.50 % (2018)
Imports as % GDP 25.29 % (2018)
Total Imports USD 45.36 B. (2018)
Foreign Direct Investment % GDP 0.12 % (2018)
Foreign Direct Investment USD 0.21 B. (2018)
Current Account Balance % GDP USD -0.16 % (2018)
Current Account Balance USD -0.29 B. (2018)
Trade Balance % GDP 12.24 % (2018)
Trade Balance USD 20.86 B. (2018)
Foreign Exchange Reserves incl Gold USD 30.98 B. (2018)
Remittances % GDP 0.34 % (2018)
Remittances USD 614 M. (2018)
Balance of Payments USD 1,191 M. (2018)

Labor Market

Indicator Value
Labor Force 9.26 M. (2019)
Unemployment Rate 5.43 % (2019)
Unemployment Rate Females 5.22 % (2019)
Unemployment Rate Males 4.01 % (2019)
Youth Unemployment (ages 15-24) 4.84 % (2019)
Labor Force Participation Rate 70.52 % (2019)
Labor Force (Percent Female) 48.02 % (2019)
Female Labor Force Participation Rate 64.83 % (2019)
Male Labor Force Participation Rate 76.87 % (2019)
Dependent People 55.89 % (2018)

Agriculture Sector

Indicator Value
Forest Area 1.20 % (2016)
Forest Area km² 33,090 km² (2016)
Agricultural Land 80.38 % (2016)
Agricultural Land km² 2,169,920 km² (2016)
Employment 14.89 % (2019)
Value added % GDP 4.40 % (2018)
Agriculture Value added USD 7.88 B. (2018)
Crop Production Index 167.20 (2016)
Precipitation 250 mm (2014)
Arable Land 11 % (2016)
Cereal Yield 1,355 kg/hectare (2017)
Food production index 141 (2016)
Rural Population 43 % (2018)
Fertilizer use of Arable Land 4 kg/hectare (2016)
Livestock Production Index 119 (2016)
Economy of Kazakhstan

According to the World Bank and its latest published data, the economy of the Kazakhstan presents a growth rate of 4.10 % (2018) to the previous year.

With a population that reaches 18.28 M (2018) and a gross domestic product of USD 179.34 B. (2018), it translates a Gross Domestic Product per Capita of USD 9,813 placing its inhabitants on the threshold of an Upper middle income country (according to the World Bank's updated classification).

Kazakhstan also has a workforce of 9.26 M. (2019) with an unemployment rate of 5.43 % (2019), where women represent 5.22 % (2019) and men 4.01 % (2019), the unemployment rate for young people between 15-24 years old stood at 4.84 % (2019). The total number of dependent people stands at 55.89 % (2018).

The central government spent 8.35 % (2018) of its gross domestic product that year, which in absolute terms is USD 14.98 B. (2018). Its consolidated public debt reached 21.01 of its GDP, not exceeding the 35% risk limit used by the European Union.

Regarding its international trade, Kazakhstan exported USD 67.30 B. (2018), which represents 37.53 % (2018) of its gross domestic product, in that same sense its imports reached USD 45.36 B. (2018) with a direct foreign investment of USD 0.21 B. (2018).

Kazakhstan has a forest area of 33,090 km² (2016), which represents 1.20 % (2016) of its total area, an average rainfall of 250 mm (2014) per year and a population of 43 % (2018) living in rural areas. With a total area of 2,169,920 km² (2016) available for agriculture and 14.89 % (2019) of its employments, the agricultural sector contributes to the economy of the Kazakhstan about USD 7.88 B. (2018) (4.40 % (2018) of its GDP).