significant toll on Kazakhstan's economy, it has rebounded well. In response to the crisis, Kazakhstan's government devalued the tenge (Kazakhstan's currency) to stabilize market pressures and injected $ 19 billion in economic stimulus. Rising commodity prices have helped revive Kazakhstan's economy, which registered 7% growth in 2010. Barring a dramatic decline in oil prices, strong growth is expected to continue in 2011. Despite solid macroeconomic indicators, the government realizes that its economy suffers from an overreliance on oil and extractive industries, the so-called "Dutch disease." In response, Kazakhstan has embarked on an ambitious diversification program, aimed at developing targeted sectors like transport, pharmaceuticals, telecommunications, petrochemicals and food processing.
GDP (purchasing power parity)
$ 196.4 billion (2010 est.)
$ 183.6 billion (2009 est.)
$ 181.4 billion (2008 est.): data are in 2010 US dollars
GDP (official exchange rate)
$ 138.4 billion (2010 est.)
GDP - real growth rate
7% (2010 est.)
.2% (2009 est.)
.2% (2008 est.)
GDP - per capita (PPP)
$ 12,700 (2010 est.)
$ 11,900 (2009 est.)
$ 11,800 (2008 est.): data are in 2010 US dollars
GDP - composition by sector
agriculture: 5.4%: 42.8%: 51.8% (2010 est.)
Population below poverty line
8.2% (2009)
Labor force
8.611 million (2010 est.)
Labor force - by occupation
agriculture: 28.2%: 18.2%: 53.6% (2010)
Unemployment rate
5.8% (2010 est.)
.6% (2009 est.)
Unemployment, youth ages 15-24
total: 6.7%: 6.8%: 8.2% (2008)
Household income or consumption by percentage share
lowest 10%: 3.8% 10%: 25.2% (2007 est.)
Distribution of family income - Gini index
26.7 (2009)
.5 (2003)
Investment (gross fixed)
25.2% of GDP (2010 est.)
Budget
revenues: $ 29.18 billion: $ 32.77 billion (2010 est.)
Taxes and other revenues
21.1% of GDP (2010 est.)
Budget surplus (+) or deficit (-)
-2.6% of GDP (2010 est.)
Public debt
15.5% of GDP (2...
