About Kazakhstan

About Kazakhstan
Invest in Kazakhstan
Growing economy with a long-term plan ustoichivosti
+9%
GDP growth
in 2005-2017.
In recent years, Kazakhstan's economy grew at a record pace, outperforming other Central Asian countries, Russia and the EU, marginally behind only China.
The growth rate of GDP
In dollars, at current prices 2005-2017 gg., interest
  • China
    17
  • Kazakhstan
    8,9
  • Of the Russian Federation
    5,7
  • USA
    3,2
  • EU
    1,2

Source: Worldbank

All areas of economic, social and international policy implemented in accordance with the plan for sustainable long-term development strategy "Kazakhstan-2050".

The main goal of the strategy is joining the thirty most developed countries in the world to 2050г.

The center of stability and liberal economic policies
The government of Kazakhstan is committed to the principles of economic liberalization: in the context of the national privatization program by 2020. the share of state participation in the economy will be reduced by three times.
In the world Bank ranking Ease of doing business Kazakhstan has the best position in the region (World Bank, Doing Business 2019).
  • Turkey 28
  • Kyrgyzstan 31
  • China 37
  • Kazakhstan 43
  • Russia 70
  • Belarus 46
According to the world economic forum (the report for 2016-2017.), Kazakhstan has made significant improvements in the field of efficiency of state regulation and support of investors.
  • Transparency of government decisions: 35 position of 140 (16 points higher compared to 2016)
  • Protecting investors: 25 position out of 189 countries (retaining position 2017.)
According to the world Bank, the efficiency of the institutions (the time required to start a business)
in Kazakhstan reduced from 19 days in 2010. to five in 2017 For comparison, in Russia this indicator makes 11 days in China — 31.
In Kazakhstan one of the lowest rates of income inequality in the world: the Gini coefficient is equal to 26,3 (in Norway — 25,96, Russia — 41,6, China — 42, 2 (world Bank data).
One of the leaders in attracting foreign direct investment
4%
of GDP
The gross volume of foreign investments in 2017.
The gross volume of foreign investments in 2017.
A percentage of GDP
  • Kazakhstan
    4
  • Canada
    3,6
  • Australia
    3,2
  • UAE
    2,8
  • Turkey
    2,4
  • Indonesia
    2,3
  • China
    2,2
  • India
    2,1
  • Saudi Arabia
    1,3
  • Nigeria
    0,6
  • Russia
    0,5

Source: EIU

"Over the past three years, the government has taken steps for development of special economic zones by the example of Singapore and China. It has become a magnet for foreign direct investment." — Forbes, 2016 г.
One of the leaders in attracting foreign direct investment
20%
the gross volume of foreign
investment in 2017.
12%
the gross volume of foreign
investment in 2017.
Corporate tax
Percents
  • Kazakhstan
    20
  • Russia
    20
  • Turkey
    20
  • China
    25
  • Germany
    30

Source: КПМГ

The standard VAT rate
Percents
  • Kazakhstan
    12
  • Russia
    18
  • Turkey
    18
  • China
    17
  • Germany
    19

Source: VAT Live

A young and rapidly growing population
The average age of the population median
Years
  • Kazakhstan
    20
  • Russia
    20
  • China
    20
  • EU
    25
The growth rate of the population, 2017
Percents
  • Kazakhstan
    12
  • Russia
    18
  • China
    18
  • EU
    17
«Kazakhstan occupies the 29th position on Human Capital Index among 130 countries»
1st place in the category "cost Effectiveness" according to the foreign direct investment Magazine "top 10 producers of the future" 2018/2019
Average exchange rate of the US dollar
Tenge per 1 US dollar
2012
149
13
152
14
179
15
222
1 half
2017
343


Source: НБРК

The devaluation further increased competitiveness of Kazakh products in terms of cost.
Further we expect a stable exchange rate of tenge.
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