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Economy of Kazakhstan vs Poland compared: GDP & Debt

Updated on by Georank team

Kazakhstan has a GDP of $291B compared to $918B for Poland, ranking 48/197 and 21/197 by economy size, respectively.

Kazakhstan has $71.1B in government debt (24.4% of GDP), compared to $507B (55.3% of GDP) in Poland.

Kazakhstan vs Poland GDP by year

Kazakhstan
Poland
1x
Year GDP, current $
Kazakhstan Poland
2024 $291,480,274,649 $917,767,106,147
2023 $261,840,101,060 $812,451,193,396
2022 $225,496,328,925 $695,607,470,875
2021 $197,112,255,361 $689,170,230,665
2020 $171,082,365,861 $605,914,237,904
2019 $181,667,184,855 $602,683,770,145
2018 $179,339,977,690 $594,616,687,350
2017 $166,805,788,827 $528,356,676,667
2016 $137,278,320,084 $473,259,583,970
2015 $184,388,404,706 $480,054,118,583
2014 $221,415,613,595 $542,134,167,179
2013 $236,634,603,409 $518,179,836,405
2012 $207,998,568,866 $498,148,649,703
2011 $192,626,464,617 $527,848,543,023
2010 $148,047,348,241 $478,111,630,684
2009 $115,308,686,941 $440,891,472,247
2008 $133,441,648,852 $535,612,030,672
2007 $104,849,915,058 $429,715,132,138
2006 $81,003,864,630 $345,897,630,736
2005 $57,123,671,734 $306,999,913,151
2004 $43,151,647,003 $256,268,656,145
2003 $30,833,692,900 $218,561,225,998
2002 $24,636,598,527 $199,694,463,256
2001 $22,152,689,180 $191,823,200,371
2000 $18,291,990,662 $172,953,527,033
1999 $16,870,817,182 $170,704,452,715
1998 $22,135,245,507 $175,282,269,667
1997 $22,165,932,063 $159,893,964,917
1996 $21,035,357,937 $160,813,026,223
1995 $20,374,302,652 $142,838,527,115
1994 $21,250,792,886 $110,803,635,288
1993 $23,409,260,880 $96,043,157,273
1992 $24,917,355,372 $94,337,050,693
1991 $24,923,076,923 $85,500,935,935
1990 $26,932,016,270 $65,977,748,211

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

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

GDP per capita in Kazakhstan vs Poland by year

Kazakhstan
GDP per capita

GDP per capita, PPP
Poland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kazakhstan Poland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $14,155 $40,891 $25,104 $51,263
2023 $12,879 $38,515 $22,145 $48,473
2022 $11,255 $35,895 $18,891 $46,778
2021 $9,984 $32,946 $18,636 $41,060
2020 $8,782 $29,040 $16,151 $37,089
2019 $9,457 $28,689 $15,875 $35,882
2018 $9,472 $25,096 $15,658 $32,345
2017 $8,943 $23,973 $13,913 $30,170
2016 $7,476 $23,023 $12,464 $28,360
2015 $10,196 $22,484 $12,638 $26,988
2014 $12,428 $23,958 $14,262 $25,460
2013 $13,478 $23,754 $13,622 $24,434
2012 $12,019 $21,367 $13,087 $23,728
2011 $11,287 $20,160 $13,868 $22,809
2010 $8,793 $18,642 $12,568 $20,991
2009 $6,938 $17,389 $11,556 $19,300
2008 $8,124 $17,278 $14,049 $18,372
2007 $6,449 $16,581 $11,273 $16,833
2006 $5,030 $14,966 $9,069 $15,205
2005 $3,577 $13,226 $8,044 $13,936
2004 $2,722 $11,777 $6,712 $13,413
2003 $1,958 $10,532 $5,721 $12,329
2002 $1,574 $9,504 $5,223 $11,841
2001 $1,422 $8,568 $5,015 $11,175
2000 $1,180 $7,418 $4,521 $10,721
1999 $1,092 $6,626 $4,416 $10,081
1998 $1,415 $6,284 $4,534 $9,521
1997 $1,382 $6,178 $4,137 $8,967
1996 $1,281 $5,836 $4,164 $8,310
1995 $1,218 $5,595 $3,701 $7,715
1994 $1,247 $5,860 $2,875 $7,040
1993 $1,355 $6,477 $2,497 $6,560
1992 $1,438 $6,945 $2,459 $6,193
1991 $1,442 $7,193 $2,236 $5,925
1990 $1,570 $7,874 $1,731 $6,185

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

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

Kazakhstan's GDP per capita is $14,155, ranking 71/197, compared to $25,104 in Poland, ranking 48/197. Adjusted for purchasing power (GDP per capita PPP), Kazakhstan ranks 58th at $40,891, while Poland ranks 43rd at $51,263.

Economic indicators

Kazakhstan Poland
Gross domestic product
$291B
2024
$918B
2024
GDP rank
48/197
2024
21/197
2024
GDP growth
5%
2023-2024
3.03%
2023-2024
GDP per capita
$14,155
2024
$25,104
2024
GDP per capita rank
71/197
2024
48/197
2024
GDP per capita, PPP
$40,891
2024
$51,263
2024
GDP per capita PPP rank
58/197
2024
43/197
2024
Government debt
$71.1B
2024
$507B
2024
Debt-to-GDP ratio
24.4%
2024
55.3%
2024
Government debt per person
$3,450
2024
$13,874
2024
Government debt per person rank
95/185
2024
41/185
2024
Average annual personal income after taxes
$7,486
2026
$20,736
2026
Market capitalization of domestic companies
$62.8B
2024
$197B
2024
Number of millionaires
44,307
2025
n/a
Number of billionaires
6
2025
10
2025
Income share by richest 10%
24.8%
2021
22.9%
2023
Income share by poorest 10%
4.3%
2021
3.3%
2023
Government expenditure, % of GDP
20.7%
2024
49.4%
2024
Consumer prices inflation
8.7%
2023-2024
3.78%
2023-2024
Central bank interest rate
18%
2025
4%
2025
Unemployment rate
4.86%
2022
2.81%
2024
Population
21161809
35806942

Spending and national debt comparison by year

Kazakhstan
Spending

Debt
Poland
Spending

Debt
1x
Year % of GDP
Kazakhstan Poland
Government spending Government debt Government spending Government debt
2024 20.7% 24.4% 49.4% 55.3%
2023 23.4% 23% 46.9% 49.5%
2022 21.7% 23.5% 43.2% 48.8%
2021 22.1% 25.1% 43.6% 53%
2020 24.5% 26.4% 47.7% 56.6%
2019 20.2% 19.9% 41.4% 45.2%
2018 18.8% 20.3% 41% 48.2%
2017 24.1% 19.9% 41.1% 50.4%
2016 21.5% 19.7% 41.1% 54.1%
2015 22.9% 21.9% 41.5% 51.1%
2014 21.3% 14.5% 42.7% 51.1%
2013 19.8% 12.6% 43.2% 56.9%
2012 21.9% 12.1% 43.2% 54.5%
2011 21.2% 10.2% 44.1% 54.8%
2010 22.5% 10.7% 46% 53.7%
2009 23.5% 10.2% 44.9% 49.7%
2008 27.1% 6.77% 44% 46.6%
2007 23.7% 4.09% 42.8% 44.4%
2006 19.8% 6.68% 44.3% 47.1%
2005 22% 8.1% 44.1% 46.5%
2004 21.3% 11.4% 43.3% 44.9%
2003 21.4% 15% 45.5% 46.4%
2002 20.5% 17.6% 45.1% 41.6%
2001 - - 44.7% 37.2%
2000 - - 43.1% 36.4%
1999 - - 42.5% 39.4%
1998 - - 44% 38.7%
1997 - - 46.1% 42.7%
1996 - - 50.7% 43.2%
1995 - - 47.5% 48.7%
1994 - - - 64.3%
1993 - - - 83.9%
1992 - - - 81.9%
1991 - - - 76.9%
1990 - - - 89.7%
1989 - - - -
1988 - - - -
1987 - - - -
1986 - - - -
1985 - - - -
1984 - - - -
1983 - - - -
1982 - - - -
1981 - - - -
1980 - - - -
1979 - - 35.6% -
1978 - - 35.8% -
1977 - - 35.6% -
1976 - - 34.8% -
1975 - - 34.1% -
1974 - - 28.6% -
1973 - - 24.5% -
1972 - - 24.1% -
1971 - - 24.1% -
1970 - - 25.8% -
1969 - - 26.3% -
1968 - - 27.3% -
1967 - - 29.6% -
1966 - - 31.7% -
1965 - - 31.8% -
1964 - - 33.5% -
1963 - - 33.3% -
1962 - - 43% -
1961 - - 42.8% -
1960 - - 39.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-02-20).

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

In 2024, Kazakhstan's government spending was $60.3B, accounting for 20.7% of its GDP, while Poland spent $453B, or 49.4% of GDP.

Debt-to-GDP ratio is 24.4% in Kazakhstan and 55.3% in Poland, ranking 167/185 and 95/185, respectively.

Government deficit by year

Deficit/surplus
Kazakhstan

Poland
1x
Year Deficit/surplus, % of GDP
Kazakhstan Poland
2024 -1.6% -6.59%
2023 -1.52% -5.27%
2022 0.11% -3.44%
2021 -4.97% -1.75%
2020 -7.04% -6.85%
2019 -0.57% -0.73%
2018 2.58% -0.24%
2017 -4.27% -1.49%
2016 -4.5% -2.38%
2015 -6.26% -2.59%
2014 2.48% -3.66%
2013 4.95% -4.25%
2012 4.43% -3.8%
2011 5.81% -4.97%
2010 1.47% -7.43%
2009 -1.33% -7.24%
2008 1.23% -3.6%
2007 5.13% -1.88%
2006 7.65% -3.53%
2005 6.08% -3.93%
2004 3.29% -4.99%
2003 4% -6.02%
2002 1.92% -4.8%
2001 - -4.73%
2000 - -4%
1999 - -2.3%
1998 - -4.25%
1997 - -4.61%
1996 - -4.84%
1995 - -4.39%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

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

In 2024, Kazakhstan's government deficit, the difference between spending and revenue, was $4.66B, equivalent to 1.6% of GDP. This compares to Poland's deficit of $60.4B, or 6.59% of GDP.

Over the past 23 years, Kazakhstan recorded a fiscal deficit in 9 of those years, while Poland ran a deficit in 23 years. On average, Kazakhstan posted an annual surplus equal to 0.83% of GDP, compared to deficit of 3.97% of GDP for Poland.

Inflation comparison by year

Inflation
Kazakhstan

Poland
1x
Year Consumer prices inflation
Kazakhstan Poland
2024 8.7% 3.78%
2023 14.5% 11.5%
2022 15% 14.4%
2021 8% 5.06%
2020 6.8% 3.37%
2019 5.3% 2.23%
2018 6% 1.81%
2017 7.5% 2.08%
2016 14.6% -0.66%
2015 6.8% -0.87%
2014 6.6% 0.05%
2013 5.8% 0.99%
2012 5.1% 3.56%
2011 8.4% 4.24%
2010 7.1% 2.58%
2009 7.3% 3.8%
2008 17.2% 4.16%
2007 10.8% 2.46%
2006 8.6% 1.28%
2005 7.4% 2.18%
2004 7% 3.38%
2003 6.4% 0.68%
2002 6% 1.91%
2001 8.4% 5.41%
2000 13.2% 9.9%
1999 8.3% 7.15%
1998 7.1% 11.6%
1997 17.4% 14.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Kazakhstan has recorded an average annual inflation rate of 8.98%, compared with 4.39% in Poland. In 2024, inflation was 8.7% in Kazakhstan and 3.78% in Poland.

Top exports between countries

Kazakhstan
Export category Export value
Raw materials & minerals $305M
Metals $101M
Machinery & equipment $35.2M
Raw agricultural goods $23.1M
Wood & paper products $16.6M
Chemicals & pharma $8.06M
Processed food, beverages & tobacco $4.32M
Animal & marine products $3.65M
Textiles & consumer goods $2.04M
Poland
Export category Export value
Machinery & equipment $433M
Chemicals & pharma $270M
Processed food, beverages & tobacco $70M
Textiles & consumer goods $69.3M
Metals $54.3M
Raw agricultural goods $51.8M
Raw materials & minerals $31.2M
Wood & paper products $23.3M
Animal & marine products $11.6M
Miscellaneous $7.92M

Balance of trade

Kazakhstan Poland
Current account balance
-$7.94B
2024
$2.8B
2024
Current account balance ranking
173/190
2024
40/190
2024
Current account balance, % of GDP
-2.72%
2024
+0.3%
2024
Goods imports
$61.8B
2024
$367B
2024
Goods exports
$79B
2024
$361B
2024
Service imports
$13B
2024
$74.9B
2024
Service exports
$11.8B
2024
$118B
2024
Imports of goods and services, % of GDP
25.6%
2024
48.2%
2024
Exports of goods and services, % of GDP
31.6%
2024
52.2%
2024

Economic freedom indices

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

Kazakhstan Poland
Economic freedom 64.2 68.5
Economic freedom ranking 75/197 46/197
Property rights 54.9 71.8
Government integrity 40.7 60.7
Judicial effectiveness 33.8 62.5
Tax burden 91.2 72.7
Government spending 85.6 35.1
Fiscal health 97.2 74.8
Business freedom 64.9 77.5
Labor freedom 63.5 53.7
Monetary freedom 64.3 73.8
Trade freedom 74.4 79.4
Investment freedom 50 80
Financial freedom 50 80

Economic freedom comparison by year

Kazakhstan
Poland
1x
Year Economic freedom index
Kazakhstan Poland
2026 64.2 68.5
2025 63.8 67.1
2024 62 66
2023 62.1 67.7
2022 64.4 68.7
2021 71.1 69.7
2020 69.6 69.1
2019 65.4 67.8
2018 69.1 68.5
2017 69 68.3
2016 63.6 69.3
2015 63.3 68.6
2014 63.7 67
2013 63 66
2012 63.6 64.2
2011 62.1 64.1
2010 61 63.2
2009 60.1 60.3
2008 61.1 60.3
2007 59.6 58.1
2006 60.2 59.3
2005 53.9 59.6
2004 49.7 58.7
2003 52.3 61.8
2002 52.4 65
2001 51.8 61.8
2000 50.4 60
1999 47.3 59.6
1998 41.7 59.2
1997 - 56.8
1996 - 57.8
1995 - 50.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Kazakhstan is 64.2, ranking 75/197, compared to 68.5 for Poland, ranking 46/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Kazakhstan Poland
Services, % of GDP
57.9%
2024
59.1%
2024
Industry, % of GDP
32.1%
2024
27.2%
2024
Agriculture, forestry, and fishing, % of GDP
3.88%
2024
2.54%
2024
GNI, Atlas method
$249B
2024
$789B
2024
GNI per capita, PPP
$37,590
2024
$49,540
2024
Total reserves including gold
$45.8B
2024
$223B
2024
Total reserves ranking
43/177
2024
17/177
2024
Net foreign direct investment
-$3.9B
2024
-$10.6B
2024
Net inflows of foreign direct investment
$1.98B
2024
$20.6B
2024
Net outflows of foreign direct investment
-$1.92B
2024
$10B
2024
Servicing debt to the IMF, % of GNI
17.3%
2024
n/a
Poverty at national poverty lines
5%
2024
13.3%
2024
Gross capital formation, % of GDP
27.2%
2024
17.8%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-02-20)
  6. TradeMap (2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.