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Economy of Kazakhstan vs Kyrgyzstan compared: GDP & Debt

Updated on by Georank

Kazakhstan has a GDP of $306B compared to $22.6B for Kyrgyzstan, ranking 49/197 and 126/197 by economy size, respectively.

Kazakhstan has $75.2B in government debt (24.6% of GDP), compared to $8.15B (36% of GDP) in Kyrgyzstan.

Kazakhstan vs Kyrgyzstan GDP by year

Kazakhstan
Kyrgyzstan
1x
Year GDP, current $
Kazakhstan Kyrgyzstan
2025 $306,239,209,650 $22,623,752,095
2024 $291,480,274,649 $18,161,630,699
2023 $261,840,101,060 $15,180,842,369
2022 $225,496,328,925 $12,134,931,018
2021 $197,112,255,361 $9,249,133,946
2020 $171,082,365,861 $8,270,468,614
2019 $181,667,184,855 $9,371,275,264
2018 $179,339,977,690 $8,271,106,235
2017 $166,805,788,827 $7,702,938,379
2016 $137,278,320,084 $6,813,095,379
2015 $184,388,404,706 $6,678,177,512
2014 $221,415,613,595 $7,468,102,413
2013 $236,634,603,409 $7,335,033,801
2012 $207,998,568,866 $6,605,142,884
2011 $192,626,464,617 $6,197,765,984
2010 $148,047,348,241 $4,794,361,863
2009 $115,308,686,941 $4,690,061,381
2008 $133,441,648,852 $5,139,958,909
2007 $104,849,915,058 $3,802,570,553
2006 $81,003,864,630 $2,834,168,889
2005 $57,123,671,734 $2,460,246,766
2004 $43,151,647,003 $2,211,534,585
2003 $30,833,692,900 $1,919,008,090
2002 $24,636,598,527 $1,605,643,105
2001 $22,152,689,180 $1,525,116,370
2000 $18,291,990,662 $1,369,688,498
1999 $16,870,817,182 $1,249,061,487
1998 $22,135,245,507 $1,645,963,750
1997 $22,165,932,063 $1,767,864,036
1996 $21,035,357,937 $1,827,570,586
1995 $20,374,302,652 $1,661,147,035
1994 $21,250,792,886 $1,681,780,847
1993 $23,409,260,880 $2,026,019,253
1992 $24,917,355,372 $2,315,346,943
1991 $24,923,076,923 $2,542,256,424
1990 $26,932,016,270 $2,660,202,623

Data sources: World Bank | Economy & Growth (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/kazakhstan/kyrgyzstan | CC BY

GDP per capita in Kazakhstan vs Kyrgyzstan by year

Kazakhstan
GDP per capita

GDP per capita, PPP
Kyrgyzstan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kazakhstan Kyrgyzstan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $14,692 - $3,081 -
2024 $14,155 $40,891 $2,515 $8,012
2023 $12,879 $38,515 $2,138 $7,298
2022 $11,255 $35,895 $1,740 $6,578
2021 $9,984 $32,946 $1,350 $5,736
2020 $8,782 $29,040 $1,230 $5,179
2019 $9,457 $28,689 $1,422 $5,304
2018 $9,472 $25,096 $1,284 $4,778
2017 $8,943 $23,973 $1,221 $4,954
2016 $7,476 $23,023 $1,103 $4,604
2015 $10,196 $22,484 $1,106 $4,153
2014 $12,428 $23,958 $1,265 $4,228
2013 $13,478 $23,754 $1,270 $4,001
2012 $12,019 $21,367 $1,169 $3,589
2011 $11,287 $20,160 $1,117 $3,278
2010 $8,793 $18,642 $877 $3,076
2009 $6,938 $17,389 $870 $3,097
2008 $8,124 $17,278 $966 $3,031
2007 $6,449 $16,581 $722 $2,770
2006 $5,030 $14,966 $543 $2,508
2005 $3,577 $13,226 $477 $2,386
2004 $2,722 $11,777 $433 $2,343
2003 $1,958 $10,532 $381 $2,158
2002 $1,574 $9,504 $322 $1,998
2001 $1,422 $8,568 $308 $1,986
2000 $1,180 $7,418 $279.6 $1,862
1999 $1,092 $6,626 $258 $1,747
1998 $1,415 $6,284 $345 $1,687
1997 $1,382 $6,178 $376 $1,659
1996 $1,281 $5,836 $395 $1,505
1995 $1,218 $5,595 $364 $1,401
1994 $1,247 $5,860 $372 $1,466
1993 $1,355 $6,477 $449 $1,795
1992 $1,438 $6,945 $513 $2,075
1991 $1,442 $7,193 $570 $2,382
1990 $1,570 $7,874 $606 $2,544

Data sources: World Bank | Economy & Growth (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/kazakhstan/kyrgyzstan | CC BY

Kazakhstan's GDP per capita is $14,692, ranking 73/197, compared to $3,081 in Kyrgyzstan, ranking 144/197. Adjusted for purchasing power (GDP per capita PPP), Kazakhstan ranks 58th at $40,891, while Kyrgyzstan ranks 141st at $8,012.

Economic indicators

Kazakhstan Kyrgyzstan
Gross domestic product
$306B
2025
$22.6B
2025
GDP rank
49/197
2025
126/197
2025
GDP growth
6.5%
2024-2025
11.1%
2024-2025
GDP per capita
$14,692
2025
$3,081
2025
GDP per capita rank
73/197
2025
144/197
2025
GDP per capita, PPP
$40,891
2024
$8,012
2024
GDP per capita PPP rank
58/197
2024
141/197
2024
Government debt
$75.2B
2025
$8.15B
2025
Debt-to-GDP ratio
24.6%
2025
36%
2025
Government debt per person
$3,609
2025
$1,110
2025
Government debt per person rank
96/185
2025
141/185
2025
Average annual personal income after taxes
$8,395
2026
$2,331
2026
Market capitalization of domestic companies
$158B
2025
n/a
Number of millionaires
44,307
2024
n/a
Number of billionaires
6
2026
n/a
Income share by richest 10%
24.8%
2021
22.9%
2024
Income share by poorest 10%
4.3%
2021
4.2%
2024
Government expenditure, % of GDP
21.8%
2025
38.4%
2025
Consumer prices inflation
11.4%
2024-2025
8.2%
2024-2025
Central bank interest rate
17%
2026
12%
2026
Unemployment rate
4.9%
2022
3.5%
2023
Population
21211812
7505771

Spending and national debt comparison by year

Kazakhstan
Spending

Debt
Kyrgyzstan
Spending

Debt
1x
Year % of GDP
Kazakhstan Kyrgyzstan
Government spending Government debt Government spending Government debt
2025 21.8% 24.6% 38.4% 36%
2024 22.7% 24.4% 32.5% 36.2%
2023 23.4% 23% 32.9% 42%
2022 21.7% 23.5% 35% 46.8%
2021 22.1% 25.1% 32.1% 56.2%
2020 24.5% 26.4% 32.1% 63.6%
2019 20.2% 19.9% 30.8% 48.8%
2018 18.8% 20.3% 33.1% 54.8%
2017 24.1% 19.9% 37% 58.8%
2016 21.5% 19.7% 38.9% 59.1%
2015 22.9% 21.9% 38.1% 67.1%
2014 21.3% 14.5% 38.5% 53.6%
2013 19.8% 12.6% 38.1% 47.1%
2012 21.9% 12.1% 40.6% 50.5%
2011 21.2% 10.2% 37.4% 50.1%
2010 22.5% 10.7% 37.1% 59.7%
2009 23.5% 10.2% 32.5% 58.5%
2008 27.1% 6.77% 27.9% 49%
2007 23.7% 4.09% 29.6% 57.7%
2006 19.8% 6.68% 29.1% 73.4%
2005 22% 8.1% 29.1% 85.7%
2004 21.3% 11.4% 28.5% 92.7%
2003 21.4% 15% 28.1% 108.2%
2002 20.5% 17.6% 29.3% 107.9%
2001 - - 28.1% 108.2%
2000 - - 30.2% 123.3%
1999 - - 35.9% 119.6%
1998 - - 35.9% 85.1%
1997 - - 31.2% 64.8%
1996 - - 28.6% 57.7%
1995 - - 37.9% 52.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1995–1999, retrieved 2026-07-08).

GeoRank.org/economy/kazakhstan/kyrgyzstan | CC BY

In 2025, Kazakhstan's government spending was $66.9B, accounting for 21.8% of its GDP, while Kyrgyzstan spent $8.69B, or 38.4% of GDP.

Debt-to-GDP ratio is 24.6% in Kazakhstan and 36% in Kyrgyzstan, ranking 167/185 and 141/185, respectively.

Government deficit by year

Deficit/surplus
Kazakhstan

Kyrgyzstan
1x
Year Deficit/surplus, % of GDP
Kazakhstan Kyrgyzstan
2025 -3.11% -0.07%
2024 -3.43% 1.71%
2023 -1.41% 1.59%
2022 0.11% -0.29%
2021 -4.97% -0.71%
2020 -7.04% -3.06%
2019 -0.57% -0.07%
2018 2.58% -0.59%
2017 -4.27% -3.73%
2016 -4.5% -5.79%
2015 -6.26% -2.52%
2014 2.48% -3.07%
2013 4.95% -3.7%
2012 4.43% -5.86%
2011 5.81% -4.7%
2010 1.47% -5.95%
2009 -1.33% 0.38%
2008 1.23% 1.92%
2007 5.13% 1.28%
2006 7.65% -2.1%
2005 6.08% -3.79%
2004 3.29% -4.89%
2003 4% -5.17%
2002 1.92% -5.9%
2001 - -6.75%
2000 - -10.7%
1999 - -13.5%
1998 - -12%
1997 - -9.31%
1996 - -9.1%
1995 - -13.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/kazakhstan/kyrgyzstan | CC BY

In 2025, Kazakhstan's government deficit, the difference between spending and revenue, was $9.54B, equivalent to 3.11% of GDP. This compares to Kyrgyzstan's deficit of $15.1M, or 0.07% of GDP.

Over the past 24 years, Kazakhstan recorded a fiscal deficit in 10 of those years, while Kyrgyzstan ran a deficit in 19 years. On average, Kazakhstan posted an annual surplus equal to 0.59% of GDP, compared to deficit of 2.3% of GDP for Kyrgyzstan.

Inflation comparison by year

Inflation
Kazakhstan

Kyrgyzstan
1x
Year Consumer prices inflation
Kazakhstan Kyrgyzstan
2025 11.4% 8.2%
2024 8.7% 5%
2023 14.5% 10.8%
2022 15% 13.9%
2021 8% 11.9%
2020 6.8% 6.3%
2019 5.3% 1.1%
2018 6% 1.5%
2017 7.5% 3.2%
2016 14.6% 0.4%
2015 6.8% 6.5%
2014 6.6% 7.5%
2013 5.8% 6.6%
2012 5.1% 2.8%
2011 8.4% 16.6%
2010 7.1% 8%
2009 7.3% 6.8%
2008 17.2% 24.5%
2007 10.8% 10.2%
2006 8.6% 5.6%
2005 7.4% 4.3%
2004 7% 4.1%
2003 6.4% 3%
2002 6% 2.1%
2001 8.4% 6.9%
2000 13.2% 19.7%
1999 8.3% 35.9%
1998 7.1% 10.5%
1997 17.4% 23.4%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/kazakhstan/kyrgyzstan | CC BY

Over the past 29 years, Kazakhstan has recorded an average annual inflation rate of 9.06%, compared with 9.22% in Kyrgyzstan. In 2025, inflation was 11.4% in Kazakhstan and 8.2% in Kyrgyzstan.

Top exports between countries

Kazakhstan
Export category Export value
Raw materials & minerals $344M
Precious metals & jewellery $334M
Processed food, beverages & tobacco $329M
Machinery & equipment $162M
Raw agricultural goods $143M
Metals $142M
Chemicals & pharma $140M
Transport & tourism services $54.3M
Textiles & consumer goods $27.5M
Animal & marine products $25.6M
Kyrgyzstan
Export category Export value
Raw materials & minerals $170M
Chemicals & pharma $72.5M
Textiles & consumer goods $53.7M
Processed food, beverages & tobacco $33.2M
Animal & marine products $28.1M
Metals $26.6M
Machinery & equipment $22.1M
Raw agricultural goods $9.28M
Wood & paper products $2.61M
Miscellaneous $469K

Balance of trade

Kazakhstan Kyrgyzstan
Current account balance
-$12.5B
2025
-$4.11B
2024
Current account balance ranking
177/190
2025
159/190
2024
Current account balance, % of GDP
-4.07%
2025
-22.6%
2024
Goods imports
$66.3B
2025
$11.7B
2024
Goods exports
$77.3B
2025
$5.14B
2024
Service imports
$14B
2025
$3.43B
2024
Service exports
$12.8B
2025
$3.32B
2024
Imports of goods and services, % of GDP
25.6%
2024
65.6%
2025
Exports of goods and services, % of GDP
31.6%
2024
26.8%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Kazakhstan Kyrgyzstan
Economic freedom 64.2 56
Economic freedom ranking 75/197 126/197
Property rights 54.9 22.9
Government integrity 40.7 23.9
Judicial effectiveness 33.8 8.3
Tax burden 91.2 93.2
Government spending 85.6 65.6
Fiscal health 97.2 97.2
Business freedom 64.9 58.2
Labor freedom 63.5 52.3
Monetary freedom 64.3 68
Trade freedom 74.4 72.6
Investment freedom 50 60
Financial freedom 50 50

Economic freedom comparison by year

Kazakhstan
Kyrgyzstan
1x
Year Economic freedom index
Kazakhstan Kyrgyzstan
2026 64.2 56
2025 63.8 55.6
2024 62 55.2
2023 62.1 55.8
2022 64.4 55.8
2021 71.1 63.7
2020 69.6 62.9
2019 65.4 62.3
2018 69.1 62.8
2017 69 61.1
2016 63.6 59.6
2015 63.3 61.3
2014 63.7 61.1
2013 63 59.6
2012 63.6 60.2
2011 62.1 61.1
2010 61 61.3
2009 60.1 61.8
2008 61.1 61.1
2007 59.6 60.2
2006 60.2 61
2005 53.9 56.6
2004 49.7 58
2003 52.3 56.8
2002 52.4 51.7
2001 51.8 53.7
2000 50.4 55.7
1999 47.3 54.8
1998 41.7 51.8

Data sources: The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-07-08).

GeoRank.org/economy/kazakhstan/kyrgyzstan | CC BY

The Economic Freedom Index for Kazakhstan is 64.2, ranking 75/197, compared to 56 for Kyrgyzstan, ranking 126/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Kazakhstan Kyrgyzstan
Services, % of GDP
57.7%
2025
51.2%
2025
Industry, % of GDP
32.3%
2025
26.5%
2025
Agriculture, forestry, and fishing, % of GDP
3.74%
2025
8%
2025
GNI, Atlas method
$286B
2025
$20.6B
2025
GNI per capita, PPP
$41,090
2025
$9,120
2025
Total reserves including gold
$66.1B
2025
$5.09B
2024
Total reserves ranking
40/177
2025
103/177
2024
Net foreign direct investment
$1.38B
2025
-$238M
2024
Net inflows of foreign direct investment
$2.09B
2024
$255M
2024
Net outflows of foreign direct investment
-$1.9B
2024
$17.4M
2024
Servicing debt to the IMF, % of GNI
17.3%
2024
4.56%
2024
Poverty at national poverty lines
5%
2024
25.7%
2024
Gross capital formation, % of GDP
27.2%
2024
28%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/kazakhstan/kyrgyzstan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2024–2025, retrieved 2026-07-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1995–1999, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.