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Kazakhstan GDP Annual Growth Rate

Kazakhstan's GDP annual growth rate fell to 4.8% in 2024, down from 5.1% in 2023, according to World Bank. This represents a decrease of 0.3% from the previous year. Kazakhstan has GDP annual growth rate higher than the global median (4.80% vs median 3.24%). Compared with the median in Asia, Kazakhstan is higher (4.80% vs regional median 3.76%) and ranks 18th out of 47 countries in Asia.

Kazakhstan's real GDP rose to $244.03 billion in 2024, up from $232.85 billion in 2023.

Yearly Historical Data (1991-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 4.8%
2023 5.1%
2022 3.2%
2021 4.3%
2020 -2.5%
2019 4.5%
2018 4.1%
2017 4.1%
2016 1.1%
2015 1.2%
2014 4.2%
2013 6%
2012 4.8%
2011 7.4%
2010 7.3%
2009 1.2%
2008 3.3%
2007 8.9%
2006 10.7%
2005 9.7%
2004 9.6%
2003 9.3%
2002 9.8%
2001 13.5%
2000 9.8%
1999 2.7%
1998 -1.9%
1997 1.7%
1996 0.5%
1995 -8.2%
1994 -12.6%
1993 -9.2%
1992 -5.3%
1991 -11%
Kazakhstan GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Kazakhstan's total economic output.
Indicator Last Value Prior Value Period
GDP $288.41B $261.84B 2024
GDP per Capita $11,850.17 $11,453.4 2024
GDP per Capita PPP $35,905.44 $34,703.23 2024
R&D Expenditure (% GDP) 0.14% 0.12% 2023
Real GDP $244.03B $232.85B 2024