Kazakhstan Economy

Europe & Central Asia · Upper middle income · Capital: Astana

Updated 17 Oct 2026

GDP Annual Growth Rate in Kazakhstan increased to 6.50 percent in 2025 from 5.00 percent in 2024. Inflation Rate in Kazakhstan increased to 11.38 percent in 2025 from 8.68 percent in 2024.

GDP Growth Rate

Real GDP, annual % change. Hatched bars are IMF projections.

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Inflation Rate

Annual data, %. Source: World Bank.

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Key Highlights

  • Real GDP grew 6.5% in 2025 (previous year: 5.0%).
  • Consumer price inflation was 11.4% in 2025, compared with 8.7% in the previous period.
  • The unemployment rate was 4.8% in 2025 (previous: 4.8%).
  • General government debt was 24.3% of GDP in 2025.
  • The IMF projects real GDP growth of 4.4% for 2026 (World Economic Outlook projection).

Main Indicators

IndicatorLastPreviousPeriodTrendSource
GDP Annual Growth Rate6.5%5.0%2025World Bank
Inflation Rate11.4%8.7%2025World Bank
Unemployment Rate4.8%4.8%2025World Bank
Government Debt to GDP24.3%24.4%2025IMF
Balance of Trade$17.5B$18.2B2024World Bank
Current Account to GDP-4.1%-2.3%2025World Bank
GDP$306.2B$291.5B2025World Bank

GDP

IndicatorLastPreviousPeriodTrendSource
GDP per Capita$14,692$14,1552025World Bank
GDP per Capita PPP$44,293$40,9502025World Bank
Gross National Income$284.1B$268.1B2025World Bank
GDP from Agriculture3.7%3.9%2025World Bank
GDP from Industry32.3%32.1%2025World Bank
GDP from Manufacturing12.7%12.4%2025World Bank
GDP from Services57.7%57.9%2025World Bank
Gross Fixed Capital Formation24.3%25.0%2024World Bank
Household Consumption to GDP52.3%51.7%2024World Bank

Labour

IndicatorLastPreviousPeriodTrendSource
Youth Unemployment Rate3.8%3.8%2025World Bank
Labour Force Participation Rate67.8%70.6%2025World Bank
Employment Rate64.5%67.2%2025World Bank
Population20.84M20.59M2025World Bank

Prices

IndicatorLastPreviousPeriodTrendSource
GDP Deflator Growth9.6%9.0%2025World Bank

Money

IndicatorLastPreviousPeriodTrendSource
Broad Money Growth15.5%19.2%2025World Bank
Foreign Exchange Reserves$66.1B$45.8B2025World Bank

Trade

IndicatorLastPreviousPeriodTrendSource
Current Account-$12.5B-$6.8B2025World Bank
Exports$92.1B$90.7B2024World Bank
Imports$74.5B$72.5B2024World Bank
Foreign Direct Investment-$0.92B$2.04B2025World Bank
External Debt$167.5B$171.5B2024World Bank
Remittances$0.24B$0.24B2025World Bank
Terms of Trade119.4124.42024World Bank
Tourist Arrivals2.04M8.52M2020World Bank
Tourism Revenues$0.59B$2.92B2020World Bank

Government

IndicatorLastPreviousPeriodTrendSource
Government Budget-3.1%-3.4%2025IMF
Tax Revenue to GDP11.9%12.1%2023World Bank
Military Expenditure0.43%0.40%2025World Bank

Kazakhstan economy explained in simple words

Size of the economy

The economy of Kazakhstan produced goods and services worth $306.2B in 2025, making it the 49th largest of 214 economies with data.

With a population of about 20.8 million, GDP per person is $14,692. The World Bank classifies Kazakhstan as a “upper middle income” economy.

Economic growth

Real GDP grew 6.5% in 2025, compared with world growth of 3.5% (IMF).

Over the last 10 years growth averaged 3.5% a year, ranging from -2.5% to 6.5%.

The IMF projects growth of 4.4% in 2026.

Prices and interest rates

Consumer price inflation was 11.4% in 2025.

Jobs

The unemployment rate was 4.8% in 2025 (world: 4.8%).

About 67.8% of people aged 15 and over are in the labour force (working or looking for work).

Government finances

General government debt was 24.3% of GDP in 2025, compared with a median of 52.9% across 191 economies.

The government budget balance was -3.1% of GDP (2025) — a deficit, meaning spending exceeded revenue.

Trade and external position

The current account was -4.1% of GDP in 2025 — a deficit with the rest of the world.

Exports of goods and services were $92.1B and imports $74.5B.

Foreign exchange reserves (including gold) stood at $66.1B.

Structure of the economy

By sector, value added is split roughly as: services 57.7%, industry 32.3%, agriculture 3.7% of GDP.

How to read this page

The four boxes at the top show the most-watched numbers: GDP growth (how fast the economy is expanding), inflation (how fast prices are rising), the central bank policy rate (the base cost of borrowing) and unemployment (the share of job-seekers without work). The small arrow shows the change from the previous reading.

The tabs group all available indicators by topic — GDP, labour, prices, money, trade, government and housing. Each row shows the latest value, the previous value, the period it refers to, a small trend line and the source. Click any indicator to open its full history, chart, statistics and comparison with other countries.

Monthly and quarterly figures come from national statistics offices and central banks — via the OECD, the Bank for International Settlements (BIS) and, for India, the Ministry of Statistics (MoSPI); annual figures come from the World Bank and the IMF. Different indicators are published at different times, so the periods shown can differ.

Frequently asked questions

What is the GDP growth rate of Kazakhstan?
The latest GDP growth rate of Kazakhstan is 6.5% (2025), compared with 5.0% in the previous period. Source: World Bank — World Development Indicators.
What is the inflation rate of Kazakhstan?
The latest inflation rate of Kazakhstan is 11.4% (2025), compared with 8.7% in the previous period. Source: World Bank — World Development Indicators.
What is the unemployment rate of Kazakhstan?
The latest unemployment rate of Kazakhstan is 4.8% (2025), compared with 4.8% in the previous period. Source: World Bank — World Development Indicators.
What is the government debt to GDP ratio of Kazakhstan?
The latest government debt to GDP ratio of Kazakhstan is 24.3% (2025), compared with 24.4% in the previous period. Source: IMF — World Economic Outlook.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.