[ Nominal GDP in billions of USD ]
Year -
$291.48 billions
Kazakhstan GDP expanded from 1990 to 2024, increasing from $26.93 billion to $291.48 billion.The compound annual growth rate (CAGR) averaged 7.26% over the period. The economy recorded its peak level in 2024 and its lowest level in 1999. Growth volatility remained high. The maximum drawdown reached 41.99%, indicating the largest cyclical decline from peak levels. The country experienced 5 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 291.48 Billions | $ 842.05 Int Billions |
| Growth (YoY) | 11.32% | 7.539% |
| Net Change vs Previous Year | $ 29.64 Billion | $ 59.03 Int Billion |
| % of World GDP | 0.26% | 0.42% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | - | - | - | - | - | - |
| 1966 | - | - | - | - | - | - |
| 1967 | - | - | - | - | - | - |
| 1968 | - | - | - | - | - | - |
| 1969 | - | - | - | - | - | - |
| 1970 | - | - | - | - | - | - |
| 1971 | - | - | - | - | - | - |
| 1972 | - | - | - | - | - | - |
| 1973 | - | - | - | - | - | - |
| 1974 | - | - | - | - | - | - |
| 1975 | - | - | - | - | - | - |
| 1976 | - | - | - | - | - | - |
| 1977 | - | - | - | - | - | - |
| 1978 | - | - | - | - | - | - |
| 1979 | - | - | - | - | - | - |
| 1980 | - | - | - | - | - | - |
| 1981 | - | - | - | - | - | - |
| 1982 | - | - | - | - | - | - |
| 1983 | - | - | - | - | - | - |
| 1984 | - | - | - | - | - | - |
| 1985 | - | - | - | - | - | - |
| 1986 | - | - | - | - | - | - |
| 1987 | - | - | - | - | - | - |
| 1988 | - | - | - | - | - | - |
| 1989 | - | - | - | - | - | - |
| 1990 | 26.93 | - | - | 135.07 | - | - |
| 1991 | 24.92 | -2.01 | -7.459 % | 124.28 | -10.79 | -7.99 % |
| 1992 | 24.92 | -0.01 | -0.023 % | 120.38 | -3.91 | -3.142 % |
| 1993 | 23.41 | -1.51 | -6.052 % | 111.89 | -8.48 | -7.048 % |
| 1994 | 21.25 | -2.16 | -9.221 % | 99.88 | -12.01 | -10.734 % |
| 1995 | 20.37 | -0.88 | -4.125 % | 93.61 | -6.27 | -6.275 % |
| 1996 | 21.04 | 0.66 | 3.245 % | 95.81 | 2.19 | 2.34 % |
| 1997 | 22.17 | 1.13 | 5.375 % | 99.11 | 3.31 | 3.454 % |
| 1998 | 22.14 | -0.03 | -0.138 % | 98.32 | -0.79 | -0.797 % |
| 1999 | 16.87 | -5.26 | -23.783 % | 102.41 | 4.08 | 4.153 % |
| 2000 | 18.29 | 1.42 | 8.424 % | 114.99 | 12.58 | 12.287 % |
| 2001 | 22.15 | 3.86 | 21.106 % | 133.45 | 18.46 | 16.056 % |
| 2002 | 24.64 | 2.48 | 11.213 % | 148.81 | 15.36 | 11.506 % |
| 2003 | 30.83 | 6.2 | 25.154 % | 165.86 | 17.05 | 11.458 % |
| 2004 | 43.15 | 12.32 | 39.95 % | 186.67 | 20.81 | 12.547 % |
| 2005 | 57.12 | 13.97 | 32.379 % | 211.2 | 24.53 | 13.14 % |
| 2006 | 81 | 23.88 | 41.804 % | 241.01 | 29.81 | 14.114 % |
| 2007 | 104.85 | 23.85 | 29.438 % | 269.57 | 28.56 | 11.85 % |
| 2008 | 133.44 | 28.59 | 27.269 % | 283.83 | 14.26 | 5.29 % |
| 2009 | 115.31 | -18.13 | -13.589 % | 289 | 5.18 | 1.824 % |
| 2010 | 148.05 | 32.74 | 28.392 % | 313.87 | 24.87 | 8.604 % |
| 2011 | 192.63 | 44.58 | 30.111 % | 344.05 | 30.18 | 9.615 % |
| 2012 | 208 | 15.37 | 7.981 % | 369.78 | 25.73 | 7.48 % |
| 2013 | 236.64 | 28.64 | 13.767 % | 417.04 | 47.26 | 12.78 % |
| 2014 | 221.42 | -15.22 | -6.431 % | 426.85 | 9.81 | 2.351 % |
| 2015 | 184.39 | -37.03 | -16.723 % | 406.61 | -20.23 | -4.74 % |
| 2016 | 137.28 | -47.11 | -25.549 % | 422.79 | 16.18 | 3.978 % |
| 2017 | 166.81 | 29.53 | 21.51 % | 447.14 | 24.36 | 5.761 % |
| 2018 | 179.34 | 12.53 | 7.514 % | 475.14 | 27.99 | 6.261 % |
| 2019 | 181.67 | 2.33 | 1.298 % | 551.11 | 75.97 | 15.989 % |
| 2020 | 171.08 | -10.59 | -5.827 % | 565.76 | 14.65 | 2.658 % |
| 2021 | 197.11 | 26.03 | 15.215 % | 650.47 | 84.71 | 14.973 % |
| 2022 | 225.5 | 28.38 | 14.4 % | 719.14 | 68.67 | 10.558 % |
| 2023 | 261.84 | 36.34 | 16.117 % | 783.02 | 63.87 | 8.882 % |
| 2024 | 291.48 | 29.64 | 11.32 % | 842.05 | 59.03 | 7.539 % |
Between 1990 to 2024, Kazakhstan experienced the following economic phases:
The most remarkable growth occurred in 2006 with an increase of 41.804%, while the largest decline was in 2016 at -25.549%.