Economic Analysis of

Kazakhstan

Authors name :
-AL Shaimaa Ahmed Ahmed / 21225108
-Esmael Ragab Mohamed /21225113
-Ghada Salah Hamed / 21225115
-Ibrahim Mohamed fetouh / 21225117
-Noha Nabil Mohamed /21225125
Kazakhstan
• Republic of Kazakhstan
• Capital :Nur-Sultan
• the world's largest landlocked country
• 9th biggest country in the world
• located mainly in Central Asia and partly in Eastern Europe. It borders Russia to
the north and west, China to the east, Kyrgyzstan to the southeast, Uzbekistan to
the south, and Turkmenistan to the southwest.
• One of belt & road main targeted countries
• Total area : 2,724,900 sq km

land area: 2,699,700 sq km

water area: 25,200 sq km

Kazakhstan political system
• Kazakhstan is a democratic, secular, constitutional unitary republic
• The president may veto legislation that has been passed by the
parliament and is also the commander in chief of the armed forces.
• the president appoints ministers after consultations with the Chair of
the Security Council
• Kazakhstan has a bicameral parliament composed of
the Majilis (the lower house) and senate (the upper house)
Kazakhstan GDP ppp
• GDP per capita PPP for the last
10 years shows steady growth
Especially in last 6 years
And post covid -19 recovery
With good expectation for
Upcoming years
And will reach 28,250
USD in 2024
Kazakhstan inflation rate

Inflation rate reached to 16 % by the end of Q3 2022 but,

There is high expectation that will decrease Significantly in

the upcoming last Q4 2022 will reach14.5%

& on long term expectations will reach 7.0 % by the end of

2024

-Which is still healthy range for investment & trading

 Kazakhstan Unemployment rate
Unemployment rate in Kazakhstan in the past years

Are in decreasing motion it reached before 13%

And reached by the end of this Q3 2022 4.9%

And expectations states that it will reach 4.80% in

2023
 Kazakhstan taxation
Upon comparing Kazakhstan , Bangladesh &

Pakistan . Taxation on corporates has fixed rate

of 20 % for long time & not expected to be

same rate and it is also 10% on personal basis

fixed and expected not to be changed

Till the end of 2023

Kazakhstan interest rate

Interest rate in Kazakhstan in compare to the same

countries before , still keeps its healthy style to be with

in range keeping normal & active investment media

And keeping inflation rate under control and to achieve

Good and healthy investment environment

 Kazakhstan fiscal policy
Government Debt in Kazakhstan increased to 26,017,352 USD Thousand in the second quarter Government Budget in Kazakhstan decreased to -4 percent of GDP in 2020 from -
of 2022 from 25012430 USD Thousand in the first quarter of 2022 1.80 percent of GDP in 2019

Government Budget in Kazakhstan is expected to reach -2.00 percent of GDP by

the end of 2022, according to Trading Economics global macro models and
analysts expectations. In the long-term, the Kazakhstan Government Budget is
projected to trend around -2.20 percent of GDP in 2023 and -2.00 percent of
Government Debt in Kazakhstan is expected to be 27500000.00 USD Thousand by the end of GDP in 2024, according to our econometric models.
this quarter, according to Trading Economics global macro models and analysts expectations. In
the long-term, the Kazakhstan Government Debt is projected to trend around 31500000.00
USD Thousand in 2023 and 32500000.00 USD Thousand in 2024, according to our econometric
models.
Kazakhstan balance of payment
• Kazakhstan's trade surplus widened to USD 3,736 million in June of 2022 from USD 1,931 billion in the same month last
year

Balance of Trade in Kazakhstan is expected to be 3950.00

USD Million by the end of this quarter, according to
Trading Economics global macro models and analysts
expectations. In the long-term, the Kazakhstan Balance
of Trade is projected to trend around 3200.00 USD
Million in 2023 and 2600.00 USD Million in 2024,
according to our econometric models.
Kazakhstan final conclusion
• Kazakhstan is big country with good resources. Have stable political
status .its position is unique and will be one of the biggest
contributors in belt & road Chinese plan for trading.
• Kazakhstan rather than suffered from COVID-19 pandemic &low oil
prices & Russian –Ukrainian war but the government policy is
pushing to enrich investment and also the macroecominc indicators
still promising in upcoming years

• So we advise investment in Kazakhstan