India vs Kazakhstan: Economic Indicators Comparison

India with a GDP of $2.7T ranked the 7th largest economy in the world, while Kazakhstan ranked 55th with $179.3B. By GDP 5-years average growth and GDP per capita, India and Kazakhstan ranked 6th vs 95th and 150th vs 75th, respectively.

Gross Domestic Product & Income

StatIndiaKazakhstan
GDP$2.7T$179.3B
GDP growth, 1 year7.1%4.1%
GDP growth, 5-years average7.6%2.9%
Population1.3B18.3M
GDP per capita$2k$9.8k
GDP per capita growth5.71%2.74%
Purchasing Power Parity conversion factor18.1121.32
Price level ratio of PPP conversion factor GDP to market exchange rate0.260.35
GDP per capita, PPP adjusted$7.9k$28k
GNI, Atlas method$2.7T$147.6B
GNI per capita$2k$8.1k
GNI, PPP adjusted$10.4T$446.9B
GNI per capita, PPP adjusted$7.7k$24k

Financial system and Human development

StatIndiaKazakhstan
Income Tax Rate30.9%10%
Corporate Tax Rate32.4%20%
Inflation, consumer prices3.5%6%
Inflation, GDP deflator4.1%9.2%
Unemployment2.6%4.9%
Economic Freedom Index56.569.6
Personal Freedom Index6.966.87
Human Freedom Index6.86.91
Property Rights Index6361.3
Judical Effectiveness Index64.162.1
Business Freedom Index65.674.6
Fiscal Health Index13.184.1
Labor Freedom Index41.286
Investment Freedom Index4050
Financial Freedom Index4050
Trade Freedom Index73.480.2
Monetary Freedom Index7368.1
Government Spending Index77.985.5
Tax Burden Index79.492.3
Government Integrity Index47.240.9
Corruption Perceptions Index4131
Life expectancy at birth, years69.273
Suicide mortality rate, per 100,000 people16.322.5
Mortality caused by road traffic injury, per 100,000 people22.617.6
Intentional homicides, per 100,000 people3.25
International tourism, number of arrivals17.4M8.8M

Government debt & reserves

StatIndiaKazakhstan
Central government debt, % of GDP69.8%21.9%
External debt stocks, % of GNI19.3%105.7%
External debt stocks$521.4B$156.9B
Short-term debt, % of total reserves26.1%27%
Total debt service, % of exports and primary income11.4%48.3%
Adjusted net savings including particulate emission damage, % of GNI16.3%5.8%
Gross savings, % of GDP30.9%30.2%
Gross capital formation, % of GDP31.3%23.8%
Total reserves including gold$399.2B$31B
Foreign direct investment net inflows$42.1B$213.8M

Exports, imports and economic structure

StatIndiaKazakhstan
Exports of goods and services, % of GDP19.7%37.5%
Imports of goods and services, % of GDP23.6%25.3%
Current account balance (balance of payments)-$65.6B-$288.9M
Revenue excluding grants, % of GDP12.9%16%
Grants excluding technical cooperation, BoP$689.4M$90.9M
Personal remittances received$78.8B$618M
Industry including construction value added, % of GDP26.7%33.5%
Agriculture, forestry and fishing value added, % of GDP14.6%4.4%
Charges for the use of intellectual property, payments BoP$7.9B$167.7M
Charges for the use of intellectual property, receipts BoP$784.9M$912k
Expense, % of GDP14.9%14.7%
Government Expenditure, % of GDP27.1%22%

Compare with countries close by GDP per capita

India vs

CountryGDP
per capita
Population
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M

Kazakhstan vs

CountryGDP
per capita
Population
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M