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Before we start to discuss Kazakhstan GDP, first we discuss Kazakhstan economic overview. It is officially called the Republic of Kazakhstan. It is located in Central Asia.
Its capital city name is Nur-Sultan. Its largest city name is Almaty. Its official language is Kazakh and its co-official language is Russian.
In ethnic groups, 68% Kazakh, 19% Russian, other ethnic groups live in Kazakhstan. When we talk about religion in Kazakhstan, so 72% Islam, 23% Christianity and others. Its total land area is 2,724,800 km2.
Its land area rank is 9th in the world. Its total population is 19,082,500 in the year 2021. Its population rank is 64th in the world.
Kazakhstan’s population density is 7 / km2 which is considered the very low population density in the world. Its population density rank is 236th in the world.
Kazakhstan Economy
Kazakhstan’s currency name is Tenge. Kazakhstan economy is a developing and emerging and also an Upper middle-income economy country.
The inflation rate in Kazakhstan is 7% in the year 2020. 2.6% of the population lives below the poverty line in the year 2017. Kazakhstan’s HDI rate is 0.817 which is considered very high in the world.
Its HDI rank is 59th in the world. The unemployment rate in Kazakhstan is 7.8% in the year 2020. Its gross external debt is $190 billion in the year 2020. Its total foreign reserves are $30 billion in the year 2017.
Kazakhstan GDP
Its total GDP is $162 billion (nominal) and $540 billion (PPP) in the year 2020. Its GDP rank is 55th (nominal) and 41st (PPP) in the year 2019.
Its GDP growth is 2.4% in the year 2021. Its GDP per capita is $9,150 (nominal) and $28,800 (PPP) in the year 2019. Its GDP per capita rank is 69th (nominal) and 52nd (PPP) in the year 2019.
Exports
Kazakhstan’s total exports are $58 billion in the year 2019. Its main export goods are oil, natural gas, chemicals, machinery, food products and others. Its main export partners are China, Italy, Russia, South Korea, Spain and others.
Imports
Its total imports are $38 billion in the year 2019. Its main import goods are machinery, metal, food products and others. Its main import partners are Russia, China, the United States, Turkey and others.
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