Kazakhstan vs Luxembourg: Economic Indicators Comparison

Kazakhstan with a GDP of $179.3B ranked the 55th largest economy in the world, while Luxembourg ranked 72nd with $70.9B. By GDP 5-years average growth and GDP per capita, Kazakhstan and Luxembourg ranked 95th vs 88th and 75th vs 3rd, respectively.

Gross Domestic Product & Income

StatKazakhstanLuxembourg
GDP$179.3B$70.9B
GDP growth, 1 year4.1%3%
GDP growth, 5-years average2.9%3%
Population18.3M626k
GDP per capita$9.8k$117k
GDP per capita growth2.74%1.18%
Purchasing Power Parity conversion factor121.320.87
Price level ratio of PPP conversion factor GDP to market exchange rate0.351.03
GDP per capita, PPP adjusted$28k$107k
GNI, Atlas method$147.6B$43.1B
GNI per capita$8.1k$71k
GNI, PPP adjusted$446.9B$43.9B
GNI per capita, PPP adjusted$24k$72k

Financial system and Human development

StatKazakhstanLuxembourg
Income Tax Rate10%42%
Corporate Tax Rate20%18%
Inflation, consumer prices6%2%
Inflation, GDP deflator9.2%2.5%
Unemployment4.9%5.5%
Economic Freedom Index69.675.8
Personal Freedom Index6.879.1
Human Freedom Index6.918.46
Property Rights Index61.386.4
Judical Effectiveness Index62.174.4
Business Freedom Index74.666.8
Fiscal Health Index84.199
Labor Freedom Index8645.3
Investment Freedom Index5095
Financial Freedom Index5080
Trade Freedom Index80.286.4
Monetary Freedom Index68.176.4
Government Spending Index85.545.4
Tax Burden Index92.364.1
Government Integrity Index40.990.3
Corruption Perceptions Index3181
Life expectancy at birth, years7382.7
Suicide mortality rate, per 100,000 people22.513.5
Mortality caused by road traffic injury, per 100,000 people17.66.3
Intentional homicides, per 100,000 people50.3
International tourism, number of arrivals8.8M1M

Government debt & reserves

StatKazakhstanLuxembourg
Central government debt, % of GDP21.9%21.8%
External debt stocks, % of GNI105.7%N/A
External debt stocks$156.9BN/A
Short-term debt, % of total reserves27%N/A
Total debt service, % of exports and primary income48.3%N/A
Adjusted net savings including particulate emission damage, % of GNI5.8%20.9%
Gross savings, % of GDP30.2%17.4%
Gross capital formation, % of GDP23.8%17.6%
Total reserves including gold$31B$938.9M
Foreign direct investment net inflows$213.8M-$5.6B

Exports, imports and economic structure

StatKazakhstanLuxembourg
Exports of goods and services, % of GDP37.5%211.6%
Imports of goods and services, % of GDP25.3%175.5%
Current account balance (balance of payments)-$288.9M$3.4B
Revenue excluding grants, % of GDP16%40.9%
Grants excluding technical cooperation, BoP$90.9MN/A
Personal remittances received$618M$2.1B
Industry including construction value added, % of GDP33.5%11.8%
Agriculture, forestry and fishing value added, % of GDP4.4%0.2%
Charges for the use of intellectual property, payments BoP$167.7M$5B
Charges for the use of intellectual property, receipts BoP$912k$2.4B
Expense, % of GDP14.7%38.7%
Government Expenditure, % of GDP22%42.7%

Compare with countries close by GDP per capita

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

Luxembourg vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k