Kazakhstan GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$14,154.63

Source: world bank Nominal/PPP
Summary:

Kazakhstan GDP Per Capita expanded from 1990 to 2024, increasing from $1,570.01 to $14,154.63 .The compound annual growth rate (CAGR) averaged 6.68% 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 44.54%, indicating the largest cyclical decline from peak levels. The country experienced 5 recession episode(s) during the observed period.

Latest GDP Per Capita of Kazakhstan 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 14,154.63 dollars$ 40,890.93 Int dollars
Growth (YoY)9.901%6.168%
Net Change vs Previous Year$ 1,275.20 dollars$ 2,375.75 Int dollars
% of World GDP Per Capita12.75%20.48%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Kazakhstan GDP | Kazakhstan GDP Growth

Kazakhstan Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
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19901570.01--7874.19--
19911442.42-127.58-8.126 %7192.8-681.39-8.653 %
19921437.6-4.83-0.335 %6945.09-247.71-3.444 %
19931355.13-82.46-5.736 %6477.35-467.75-6.735 %
19941246.84-108.3-7.992 %5860.35-617-9.525 %
19951217.79-29.04-2.329 %5595.43-264.92-4.52 %
19961281.3963.65.223 %5836.07240.644.301 %
19971381.64100.247.823 %6177.92341.855.858 %
19981414.5932.962.385 %6283.55105.621.71 %
19991091.55-323.05-22.837 %6625.78342.245.447 %
20001180.0488.58.107 %7418.2792.4111.96 %
20011422.27242.2320.527 %8568.091149.8915.501 %
20021573.55151.2810.636 %9504.45936.3610.929 %
20031958.02384.4724.433 %10532.45102810.816 %
20042722.47764.4539.042 %11777.111244.6711.817 %
20053577.36854.8831.401 %13226.151449.0312.304 %
20065030.131452.7840.61 %14965.771739.6313.153 %
20076449.441419.328.216 %16581.221615.4510.794 %
20088123.551674.1125.957 %17278.47697.254.205 %
20096938.01-1185.54-14.594 %17389.01110.540.64 %
20108793.081855.0626.738 %18641.811252.797.205 %
201111287.152494.0728.364 %20159.931518.138.144 %
201212018.8731.656.482 %21367.221207.295.989 %
201313478.461459.6612.145 %23754.132386.9211.171 %
201412427.71-1050.75-7.796 %23958.11203.980.859 %
201510196.12-2231.59-17.957 %22484.37-1473.75-6.151 %
20167475.57-2720.56-26.682 %23023.09538.722.396 %
20178943.081467.5219.631 %23973.06949.974.126 %
20189472.49529.45.92 %25096.131123.074.685 %
20199457.13-15.36-0.162 %28689.273593.1414.318 %
20208781.51-675.62-7.144 %29039.82350.551.222 %
20219983.61202.0913.689 %32945.853906.0313.451 %
202211255.341271.7412.738 %35895.082949.238.952 %
202312879.431624.0914.429 %38515.182620.17.299 %
202414154.631275.29.901 %40890.932375.756.168 %

Kazakhstan Economic Phases (1990 - 2024)

From 1990 to 2024, Kazakhstan economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Contraction (1991–1995) indicating temporary slowdown
  • High Growth (1996–1997) indicating robust economic expansion
  • High Growth (2000–2008) indicating robust economic expansion
  • High Growth (2010–2013) indicating robust economic expansion
  • Crisis (2015–2016) indicating severe economic downturn
  • High Growth (2017–2018) indicating robust economic expansion
  • Contraction (2019–2020) indicating temporary slowdown
  • High Growth (2021–2024) indicating robust economic expansion

The most remarkable growth occurred in 2006 with an increase of 40.61%, while the largest decline was in 2016 at -26.682%.