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Economy of Kazakhstan vs Niger compared: GDP & Debt

Updated on by Georank team

Kazakhstan has a GDP of $288B compared to $19.5B for Niger, ranking 50/197 and 132/197 by economy size, respectively.

Kazakhstan has $71.5B in government debt (25.4% of GDP), compared to $9.22B (43.4% of GDP) in Niger.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Kazakhstan
GDP, current $

GDP, constant 2015 $
Niger
GDP, current $

GDP, constant 2015 $
Year GDP
Kazakhstan Niger
Current $ Constant $ Current $ Constant $
1960 - - $449,526,873 $2,602,180,353
1961 - - $485,785,231 $2,720,485,699
1962 - - $531,736,599 $3,000,116,630
1963 - - $586,294,879 $3,282,974,506
1964 - - $582,816,396 $3,287,276,512
1965 - - $673,383,511 $3,514,748,217
1966 - - $702,296,079 $3,501,304,403
1967 - - $665,586,872 $3,505,606,409
1968 - - $641,214,226 $3,519,050,223
1969 - - $625,867,985 $3,325,997,034
1970 - - $649,916,621 $3,427,632,151
1971 - - $693,573,704 $3,622,298,371
1972 - - $742,779,661 $3,435,160,574
1973 - - $946,385,105 $2,849,548,704
1974 - - $1,026,137,111 $3,099,603,386
1975 - - $1,048,690,933 $3,013,025,468
1976 - - $1,064,517,601 $3,033,459,909
1977 - - $1,291,458,041 $3,268,995,364
1978 - - $1,774,365,590 $3,709,414,437
1979 - - $2,109,277,666 $3,974,526,141
1980 - - $2,508,524,721 $3,876,950,088
1981 - - $2,170,893,414 $3,870,062,063
1982 - - $2,017,612,216 $3,954,215,023
1983 - - $1,803,099,561 $3,801,438,868
1984 - - $1,461,243,326 $3,162,043,119
1985 - - $1,440,581,652 $3,406,093,637
1986 - - $1,904,096,998 $3,622,453,381
1987 - - $2,233,006,105 $3,625,651,332
1988 - - $2,280,356,193 $3,874,775,279
1989 - - $2,179,567,114 $3,911,858,659
1990 $26,932,016,270 $95,326,487,410 $3,512,356,508 $3,860,672,838
1991 $24,923,076,923 $84,840,573,793 $3,285,796,875 $3,843,705,602
1992 $24,917,355,372 $80,344,023,383 $3,386,232,579 $3,920,608,632
1993 $23,409,260,880 $72,952,373,230 $3,052,673,849 $3,933,219,485
1994 $21,250,792,886 $63,760,374,204 $1,938,058,175 $4,006,172,006
1995 $20,374,302,652 $58,532,023,519 $2,302,537,562 $4,104,613,432
1996 $21,035,357,937 $58,824,683,638 $2,405,686,940 $4,108,739,820
1997 $22,165,932,063 $59,824,703,259 $2,290,318,910 $4,171,499,823
1998 $22,135,245,507 $58,688,033,898 $2,643,363,519 $4,587,507,438
1999 $16,870,817,182 $60,272,610,812 $2,537,789,821 $4,577,434,991
2000 $18,291,990,662 $66,179,326,673 $2,241,753,193 $4,522,117,709
2001 $22,152,689,180 $75,113,535,772 $2,448,714,704 $4,850,791,324
2002 $24,636,598,527 $82,474,662,278 $2,782,192,879 $5,089,376,068
2003 $30,833,692,900 $90,144,805,870 $3,394,084,732 $5,199,846,593
2004 $43,151,647,003 $98,798,707,234 $3,760,443,738 $5,218,763,717
2005 $57,123,671,734 $108,382,181,835 $4,383,315,965 $5,601,396,628
2006 $81,003,864,630 $119,979,075,292 $4,756,361,252 $5,933,618,262
2007 $104,849,915,058 $130,657,212,993 $5,731,485,052 $6,120,095,512
2008 $133,441,648,852 $134,968,901,022 $7,297,600,226 $6,593,265,447
2009 $115,308,686,941 $136,588,527,833 $7,352,131,310 $6,722,664,934
2010 $148,047,348,241 $146,559,490,370 $7,851,192,502 $7,299,346,342
2011 $192,626,464,617 $157,404,892,659 $8,772,950,778 $7,471,447,187
2012 $207,998,568,866 $164,960,327,499 $9,426,912,648 $8,259,606,009
2013 $236,634,603,409 $174,857,947,144 $10,224,897,438 $8,698,614,859
2014 $221,415,613,595 $182,201,980,934 $10,862,943,544 $9,276,388,745
2015 $184,388,404,706 $184,388,404,706 $9,683,867,926 $9,683,867,926
2016 $137,278,320,084 $186,416,677,156 $10,398,861,982 $10,239,808,437
2017 $166,805,788,827 $194,059,760,924 $11,185,104,252 $10,752,347,793
2018 $179,339,977,690 $202,016,211,109 $12,837,307,497 $11,527,744,540
2019 $181,667,184,855 $211,106,940,611 $12,889,555,561 $12,212,475,571
2020 $171,082,365,861 $205,829,267,103 $13,744,653,103 $12,646,096,747
2021 $197,112,255,361 $214,679,925,583 $14,915,002,436 $12,821,067,681
2022 $225,496,328,925 $221,549,683,201 $15,433,852,714 $14,346,774,736
2023 $261,840,101,060 $232,848,717,044 $16,698,786,973 $14,586,026,438
2024 $288,406,138,231 $244,025,455,462 $19,537,639,288 $15,814,402,934

Economic indicators

Kazakhstan Niger
Gross domestic product
$288B
2024
$19.5B
2024
GDP rank
50/197
2024
132/197
2024
GDP growth
10.1%
2023-2024
17%
2023-2024
GDP per capita
$14,005
2024
$723
2024
GDP per capita rank
72/197
2024
187/197
2024
GDP per capita, PPP
$40,813
2024
$2,015
2024
Government debt
$71.5B
2024
$9.22B
2024
Debt-to-GDP ratio
25.4%
2025
43.4%
2025
Government debt per person
$3,474
2024
$341
2024
Government debt per person rank
96/185
2024
176/185
2024
Average annual personal income after taxes
$7,117
2025
$1,379
2025
Market capitalization of domestic companies
$62.8B
2024
n/a
Number of millionaires
44,307
2024
n/a
Number of billionaires
6
2025
n/a
Income share by richest 10%
24.8%
2021
27.8%
2021
Income share by poorest 10%
4.3%
2021
3.8%
2021
Government expenditure, % of GDP
20.6%
2025
13.4%
2025
Consumer prices inflation
11.4%
2024-2025
9.07%
2023-2024
Central bank interest rate
16.5%
2025
n/a
Unemployment rate
4.86%
2022
0.4%
2022
Population
21036432
28638403

GDP per capita in Kazakhstan vs Niger

Kazakhstan's GDP per capita is $14,005, ranking 72/197, compared to $723 in Niger, ranking 187/197. Adjusted for purchasing power (GDP per capita PPP), Kazakhstan ranks 58th at $40,813, while Niger ranks 186th at $2,015.

Kazakhstan
GDP per capita

GDP per capita, PPP
Niger
GDP per capita

GDP per capita, PPP
Year Current $
Kazakhstan Niger
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 - - $128.3 -
1961 - - $134.6 -
1962 - - $143.2 -
1963 - - $153.3 -
1964 - - $148.1 -
1965 - - $166.3 -
1966 - - $168.6 -
1967 - - $155.4 -
1968 - - $145.6 -
1969 - - $138.3 -
1970 - - $139.8 -
1971 - - $145.2 -
1972 - - $151.4 -
1973 - - $187.9 -
1974 - - $198.3 -
1975 - - $197.2 -
1976 - - $194.8 -
1977 - - $229.8 -
1978 - - $307 -
1979 - - $354 -
1980 - - $409 -
1981 - - $343 -
1982 - - $310 -
1983 - - $268.8 -
1984 - - $211.5 -
1985 - - $202.4 -
1986 - - $259.6 -
1987 - - $295.3 -
1988 - - $292.6 -
1989 - - $271.3 -
1990 $1,570 $7,874 $424 $739
1991 $1,442 $7,193 $384 $738
1992 $1,438 $6,945 $384 $746
1993 $1,355 $6,477 $335 $742
1994 $1,247 $5,860 $206.2 $748
1995 $1,218 $5,595 $237 $757
1996 $1,281 $5,836 $239.5 $746
1997 $1,382 $6,178 $220.6 $745
1998 $1,415 $6,284 $246.1 $801
1999 $1,092 $6,626 $228.3 $783
2000 $1,180 $7,418 $194.8 $764
2001 $1,422 $8,568 $205.4 $809
2002 $1,574 $9,504 $225.3 $832
2003 $1,958 $10,532 $265.2 $837
2004 $2,722 $11,777 $283.5 $832
2005 $3,577 $13,226 $319 $888
2006 $5,030 $14,966 $333 $935
2007 $6,449 $16,581 $387 $955
2008 $8,124 $17,278 $475 $1,010
2009 $6,938 $17,389 $461 $999
2010 $8,793 $18,642 $474 $1,058
2011 $11,287 $20,160 $511 $1,064
2012 $12,019 $21,367 $529 $1,162
2013 $13,478 $23,754 $552 $1,138
2014 $12,428 $23,958 $565 $1,161
2015 $10,196 $22,484 $486 $1,172
2016 $7,476 $23,023 $503 $1,189
2017 $8,943 $23,973 $522 $1,208
2018 $9,472 $25,096 $579 $1,276
2019 $9,457 $28,689 $562 $1,419
2020 $8,782 $29,040 $580 $1,497
2021 $9,984 $32,946 $609 $1,586
2022 $11,255 $35,895 $610 $1,840
2023 $12,879 $38,515 $638 $1,875
2024 $14,005 $40,813 $723 $2,015

Spending and national debt comparison

In 2024, Kazakhstan's government spending was $60.7B, accounting for 20.6% of its GDP, while Niger's spent $2.62B, or 13.4% of GDP.

Debt-to-GDP ratio is 25.4% in Kazakhstan and 43.4% in Niger, ranking 169/185 and 123/185, respectively.

Kazakhstan
Government spending

Government debt
Niger
Government spending

Government debt
Year % of GDP
Kazakhstan Niger
Government spending Government debt Government spending Government debt
1995 - - 12.5% 69.4%
1996 - - 10.9% 63.5%
1997 - - 12.9% 69.1%
1998 - - 13.6% 61.3%
1999 - - 15% 63.3%
2000 - - 13.5% 82.1%
2001 - - 13.7% 74%
2002 20.5% 17.6% 14.4% 69%
2003 21.4% 15% 14% 60.6%
2004 21.3% 11.4% 16.1% 55%
2005 22% 8.1% 15.6% 49.5%
2006 19.8% 6.68% 15.2% 18.3%
2007 23.7% 4.09% 17.4% 17.8%
2008 27.1% 6.77% 16.9% 14.2%
2009 23.5% 10.2% 17.7% 15.9%
2010 22.5% 10.7% 14.3% 15.1%
2011 21.2% 10.2% 15.3% 14.7%
2012 21.9% 12.1% 16.6% 18.1%
2013 19.8% 12.6% 20.4% 19.6%
2014 21.3% 14.5% 23.6% 22.1%
2015 22.9% 21.9% 24.2% 29.9%
2016 21.5% 19.7% 19.4% 32.8%
2017 24.1% 19.9% 19.5% 36.5%
2018 18.8% 20.3% 21.2% 37%
2019 20.2% 19.9% 21.6% 39.8%
2020 24.5% 26.4% 22.4% 45%
2021 22.1% 25.1% 24.3% 51.3%
2022 21.7% 23.5% 21.6% 50.6%
2023 23.4% 23% 15.8% 51.9%
2024 21% 24.8% 13.4% 47.2%
2025 20.6% 25.4% 13.4% 43.4%

Government deficit by year

In 2024, Kazakhstan's government deficit, the difference between spending and revenue, was -$4.68B, equivalent to -1.62% of GDP. This compares to Niger's deficit of -$834M, or -4.27% of GDP.

Over the past 23 years, Kazakhstan recorded a fiscal deficit in 9 of those years, while Niger ran a deficit in 21 years. On average, Kazakhstan posted an annual surplus equal to +0.83% of GDP, compared to deficit of -1.85% of GDP for Niger.

Deficit/surplus
Kazakhstan

Niger
Year Deficit/surplus, % of GDP
Kazakhstan Niger
1995 - -3.19%
1996 - -0.36%
1997 - -2.39%
1998 - -2.23%
1999 - -4.27%
2000 - -2.83%
2001 - -2.59%
2002 1.92% -2.21%
2003 4% -2.17%
2004 3.29% -2.76%
2005 6.08% -1.53%
2006 7.65% 31%
2007 5.13% -0.75%
2008 1.23% 1.11%
2009 -1.33% -3.93%
2010 1.47% -0.99%
2011 5.81% -2.19%
2012 4.43% -0.83%
2013 4.95% -1.93%
2014 2.48% -6.12%
2015 -6.26% -6.75%
2016 -4.5% -4.46%
2017 -4.27% -4.12%
2018 2.58% -3.01%
2019 -0.57% -3.56%
2020 -7.04% -4.82%
2021 -4.97% -6.1%
2022 0.11% -6.77%
2023 -1.52% -5.37%
2024 -1.62% -4.27%
2025 -3.15% -3.02%

Inflation comparison by year

Over the past 29 years, Kazakhstan has recorded an average annual inflation rate of 10%, compared with 2.49% in Niger. In 2024, inflation was 11.4% in Kazakhstan and 9.07% in Niger.

Inflation
Kazakhstan

Niger
Year Inflation
Kazakhstan Niger Kazakhstan Niger
1996 39.2% 5.29%
1997 17.4% 2.93%
1998 7.1% 4.55%
1999 8.3% -2.3%
2000 13.2% 2.9%
2001 8.4% 4.01%
2002 6% 2.63%
2003 6.4% -1.61%
2004 7% 0.26%
2005 7.4% 7.8%
2006 8.6% 0.04%
2007 10.8% 0.05%
2008 17.2% 11.3%
2009 7.3% 0.58%
2010 7.1% 0.8%
2011 8.4% 2.94%
2012 5.1% 0.46%
2013 5.8% 2.3%
2014 6.6% -0.93%
2015 6.8% -0.58%
2016 14.6% 1.65%
2017 7.5% 2.8%
2018 6% 2.97%
2019 5.3% -2.49%
2020 6.8% 2.9%
2021 8% 3.84%
2022 15% 4.23%
2023 14.5% 3.7%
2024 8.7% 9.07%
2025 11.4% -

Balance of trade

Kazakhstan Niger
Current account balance
-$4.98B
2024
-$2.33B
2023
Current account balance ranking
166/189
2024
145/189
2023
Current account balance, % of GDP
-1.73%
2024
-14%
2023
Goods imports
$61.2B
2024
$2.59B
2023
Goods exports
$78.8B
2024
$992M
2023
Service imports
$13B
2024
$1.22B
2023
Service exports
$11.8B
2024
$231M
2023
Imports of goods and services, % of GDP
27.5%
2023
20.8%
2024
Exports of goods and services, % of GDP
34.5%
2023
31.2%
2024

Economic freedom indices

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

Kazakhstan Niger
Economic freedom 63.8 51.5
Economic freedom ranking 74/197 151/197
Property rights 54.7 29.6
Government integrity 39.9 31.8
Judicial effectiveness 34.8 37.1
Tax burden 91.7 77.9
Government spending 85.1 87.3
Fiscal health 91.8 34.4
Business freedom 69.3 33.8
Labor freedom 63.2 54
Monetary freedom 61.3 72.6
Trade freedom 73.2 64
Investment freedom 50 55
Financial freedom 50 40

Economic freedom by year comparison

The Economic Freedom Index for Kazakhstan is 63.8, ranking 74/197, compared to 51.5 for Niger, ranking 151/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Kazakhstan
Niger
Year Economic freedom index
Kazakhstan Niger
1996 - 45.8
1997 - 46.6
1998 41.7 47.5
1999 47.3 48.6
2000 50.4 45.9
2001 51.8 48.9
2002 52.4 48.2
2003 52.3 54.2
2004 49.7 54.6
2005 53.9 54.1
2006 60.2 52.5
2007 59.6 53.2
2008 61.1 52.9
2009 60.1 53.8
2010 61 52.9
2011 62.1 54.3
2012 63.6 54.3
2013 63 53.9
2014 63.7 55.1
2015 63.3 54.6
2016 63.6 54.3
2017 69 50.8
2018 69.1 49.5
2019 65.4 51.6
2020 69.6 54.7
2021 71.1 57.3
2022 64.4 54.9
2023 62.1 53.7
2024 62 52.3
2025 63.8 51.5

More economic indicators

Kazakhstan Niger
Services, % of GDP
58.2%
2024
45.4%
2024
Industry, % of GDP
31.4%
2024
17.8%
2024
Agriculture, forestry, and fishing, % of GDP
3.94%
2024
33.8%
2024
GNI, Atlas method
$250B
2024
$17.9B
2024
GNI per capita, PPP
$37,870
2024
$1,990
2024
Total reserves including gold
$45.8B
2024
n/a
Total reserves ranking
43/177
2024
n/a
Net foreign direct investment
-$1.21B
2024
-$1.02B
2023
Net inflows of foreign direct investment
-$682M
2024
$526M
2024
Net outflows of foreign direct investment
-$1.89B
2024
$12.2M
2024
Servicing debt to the IMF, % of GNI
19%
2023
1.16%
2023
Poverty at national poverty lines
5%
2024
41.2%
2021
Gross capital formation, % of GDP
29.8%
2023
18.7%
2024

GDP per capita map

GDP per capita

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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.