Translated with AI
The International Monetary Fund has published new statistics showing that Kazakhstan has become a leader in the post-Soviet space in terms of GDP per capita at current prices, NUR.KZ reports.
According to IMF data, in 2025 this figure in Kazakhstan will be $14,770, which is higher than in Russia ($14,260), Turkmenistan ($13,340) and even China ($13,690).
Other countries include: Georgia ($9.57 thousand), Armenia ($8.86 thousand), Moldova ($8.26 thousand), Belarus ($7.88 thousand), Azerbaijan ($7.6 thousand), Ukraine ($6.26 thousand), Uzbekistan ($3.51 thousand), Kyrgyzstan ($2.75 thousand) and Tajikistan ($1.43 thousand).
This indicator takes into account current prices and inflation, and therefore accurately reflects the country's level of economic well-being. By comparison, Russia, traditionally considered the economic leader in the post-Soviet space, showed a result of $14,260, while Turkmenistan, rich in energy resources, showed a result of $13,340. Notably, Kazakhstan also surpassed China, where GDP per capita was $13,690.
For Kazakhstan, this is a significant result, demonstrating accelerated economic development and strengthening of its position in the region.
Kazakhstan's success is attributed to several key factors. The country possesses large reserves of oil, gas, uranium, and other resources, and energy and mineral exports remain the main driver of the economy. In recent years, Kazakhstan has been actively developing raw material processing and high-value-added manufacturing.
Consistent reforms have improved the business climate, attracted foreign investment, and modernized infrastructure, particularly in transportation, logistics, and technology. Investments in education, healthcare, and social services have raised living standards, contributing to increased productivity and the development of the domestic market.
Its strategic location between Europe and Asia, participation in projects like the Belt and Road Initiative, and cooperation with Russia, China, and the EU strengthen the country's economic opportunities. At the same time, Kazakhstan maintains macroeconomic stability—low inflation, a stable tenge exchange rate, and a balanced budget—enabling the economy to withstand global challenges.
