Real gdp growth in Kazakhstan
Kazakhstan: Real gdp growth was 5 in 2024. ◆ Volatile
Real gdp growth in Kazakhstan, 1993–2024
Source: Our World in Data.
Analysis
Kazakhstan recorded 5 for real gdp growth in 2024.
That represents a change of down 2.0% on the previous year and up 16.3% over ten years.
Over the whole period, real gdp growth in Kazakhstan peaked at 13.5 in 2001 and was at its lowest, -12.58, in 1994.
Kazakhstan ranks 47th of 196 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Real gdp growth in Kazakhstan, year by year
| Year | Value | Change |
|---|---|---|
| 1993 | -9.2 | — |
| 1994 | -12.58 | +36.7% |
| 1995 | -8.2 | -34.8% |
| 1996 | 0.5 | -106.1% |
| 1997 | 1.7 | +240.0% |
| 1998 | -1.9 | -211.8% |
| 1999 | 2.7 | -242.1% |
| 2000 | 9.8 | +263.0% |
| 2001 | 13.5 | +37.7% |
| 2002 | 9.8 | -27.4% |
| 2003 | 9.3 | -5.1% |
| 2004 | 9.6 | +3.2% |
| 2005 | 9.7 | +1.1% |
| 2006 | 10.7 | +10.3% |
| 2007 | 8.9 | -16.8% |
| 2008 | 3.3 | -62.9% |
| 2009 | 1.2 | -63.6% |
| 2010 | 7.3 | +508.3% |
| 2011 | 7.5 | +2.7% |
| 2012 | 5 | -33.3% |
| 2013 | 5.9 | +18.0% |
| 2014 | 4.3 | -27.1% |
| 2015 | 1 | -76.7% |
| 2016 | 0.9 | -10.0% |
| 2017 | 3.9 | +333.3% |
| 2018 | 4.1 | +5.1% |
| 2019 | 4.5 | +9.8% |
| 2020 | -2.6 | -157.8% |
| 2021 | 4.1 | -257.7% |
| 2022 | 3.2 | -22.0% |
| 2023 | 5.1 | +59.4% |
| 2024 | 5 | -2.0% |
Kazakhstan compared with similar countries
- Kazakhstan's 5 is above the median for upper middle income countries, which is 3.5, 1.4× the median. (57 countries reporting)
- Kazakhstan's 5 is above the median for Europe & Central Asia, which is 2.14, 2.3× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Real gdp growth in Kazakhstan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +508.3% | 1.2 | 7.3 |
| 2017 | +333.3% | 0.9 | 3.9 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -3.85 | -12.58 | 2.7 | 7 |
| 2000s | 8.58 | 1.2 | 13.5 | 10 |
| 2010s | 4.44 | 0.9 | 7.5 | 10 |
| 2020s | 2.96 | -2.6 | 5.1 | 5 |
Countries ranked near Kazakhstan
More economy & growth data for Kazakhstan
- Real gdp growth, annual growth rate -1.96 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.35 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.38 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0067 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 97.71 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.4404 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0049 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 71.35 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is real gdp growth in Kazakhstan?
- Real gdp growth in Kazakhstan was 5 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in Kazakhstan?
- The highest recorded value was 13.5 in 2001.
- What is the lowest real gdp growth recorded in Kazakhstan?
- The lowest recorded value was -12.58 in 1994.
- How does Kazakhstan rank for real gdp growth?
- Kazakhstan ranks 47th out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in Kazakhstan?
- Over the last ten years it is up 16.3%. The long-run trend across the full record is volatile.
- Where does this Kazakhstan data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
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