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Economy of Kazakhstan

Population: 17 million in 20131

GDP: $224 billion in 20132

GDP per capita: $13,610 nominal3 ($23,206 PPP4) in 2013

GDP growth rate: 6.0% in 20135


GDP by Industry 20126

Industry sectorValue added ($ billions) 2012Percent of total
Other activities4927.6%
Mining and utilities3821.7%
Wholesale, retail trade, restaurants and hotels2815.8%
Transport, storage and communication1810.2%
Agriculture, hunting, forestry, fishing105.5%
Total value added176100%


Unemployment rate: 5.2% in 20137

Employment by Industry 20138

Employment sector Employees (thousands) 2013Percent of total
Agriculture, forestry and fishing2,07424.2%
Wholesale trade, retail trade and repair of motor vehicles1,25714.7%
Transportation and storage5696.6%
Human health and social work4255.0%
Public administration and defence4024.7%
Mining and quarrying2492.9%
Other service2272.7%
Professional, scientific and technical1822.1%
Administrative and support service1752.0%
Electricity, gas, steam and air conditioning1621.9%
Accommodation and food service1391.6%
Finance and insurance1381.6%
Information and communication1331.6%
Arts, entertainment and recreation1071.3%
Real estate1051.2%
Water supply, sewerage and waste management800.9%
Activities of households as employers150.2%
Extraterritorial organizations and bodies00.0%
Total employment8,571100%


Top 10 Corporations by Revenue 20139



Household Wealth: $64 billion (29% of GDP) in 201410

Household Wealth per Adult: $5,854 in 201410

Gini Coefficient: .289 in 201111


Central Government

Central Government Revenue: $44 billion (20% of GDP) in 201312

Central Government Expenditure: $49 billion (22% of GDP) in 201312

Central Government Budget Balance: -$5 billion (-2% of GDP) in 201312

Central Government Public Debt: $29 billion (13% of GDP) in 2013* 13

Central Government 10 Year Bond Interest Rate: 4.07% in Oct 201414

* Public debt calculated using the exchange rate 184.7 KZT = 1 USD

Government Funds

Samruk-Kazyna: $103 billion (45% of GDP) in 201415

Tax Structure

Individual Income Tax Rates and Thresholds: N/A

Corporate Tax Rate: 20% in 201416

Monetary Policy

Money Supply (M0): $18 billion (8% of GDP) in Nov 2014* 17

Benchmark Interest Rate: 5.5% in Jan 201518

Total Reserves: $25 billion (11% of GDP) in 201319

Exchange Rate: 184.7 Kazakhstani Tenge = 1 U.S. Dollar on Jan 27, 201520

Inflation: 5.8% in 201321

* Money supply calculated using the exchange rate 184.7 KZT = 1 USD

Financial Institutions

Top 10 Financial Institutions by Assets 201322

N/A (data not available at Relbanks.com)

International Accounts

Exports: $87 billion (39% of GDP) in 201323

Imports: $52 billion (23% of GDP) in 201323

Trade Balance: +$35 billion (+16% of GDP) in 201323

Foreign Direct Investment Inflow: $10 billion (4% of GDP) in 201324

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: $129 million (0.1% of GDP) in 201225

Foreign Aid Outflow: N/A


1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: International Labor Organization, Downloads (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: CIA World Factbook (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: IMF Dissemination Standards Bulletin Board, National Summary Data Page (Public debt) Go back
14. Source: Nikkei Asian Review, Kazakh bond return paves way for corporate borrowers (Government bond yield) Go back
15. Source: ESADE Sovereign Wealth Funds (Government funds) Go back
16. Source: Tax Foundation (Corporate tax rate) Go back
17. Source: National Bank of Kazakhstan, Statistics, Monetary Aggregates (Money supply) Go back
18. Source: National Bank of Kazakhstan, The official refinancing rate (Benchmark interest rate) Go back
19. Source: World Bank Indicators (Total reserves) Go back
20. Source: Yahoo Finance (Exchange rate) Go back
21. Source: World Bank Indicators (Inflation rate) Go back
22. Source: Relbanks.com (Financial institutions by assets) Go back
23. Source: CIA World Factbook (Trade data) Go back
24. Source: World Bank Indicators (FDI data) Go back
25. Source: Global Humanitarian Assistance (Aid data) Go back