Kazakhstan Economy

Kazakhstan Economy

Kazakhstan's economy is oil-rich, with petroleum exports driving growth via the Caspian Sea fields. Mining of copper, zinc, and uranium is significant. Agriculture includes wheat and livestock in vast steppes. As a landlocked nation, pipelines and railways facilitate trade. Astana's modernization symbolizes diversification into finance and tech. Sovereign wealth funds manage oil revenues for stability. Challenges include corruption and inequality. The Belt and Road Initiative boosts connectivity. Kazakhstan's multi-ethnic society and strategic Eurasian position support regional leadership, with renewable energy investments addressing climate concerns for sustainable development.

World Bank Data. 2000-2024. Last updated Oct 2025.
Refer to the latest year-over-year Kazakhstan GDP statistics.