Skip to content

Economy of Kazakhstan vs Qatar compared: GDP & Debt

Updated on by Georank team

Kazakhstan has a GDP of $291B compared to $219B for Qatar, ranking 48/197 and 56/197 by economy size, respectively.

Kazakhstan has $71.1B in government debt (24.4% of GDP), compared to $90.2B (41.2% of GDP) in Qatar.

Kazakhstan vs Qatar GDP by year

Kazakhstan
Qatar
1x
Year GDP, current $
Kazakhstan Qatar
2024 $291,480,274,649 $219,162,637,363
2023 $261,840,101,060 $217,308,516,484
2022 $225,496,328,925 $235,709,340,659
2021 $197,112,255,361 $179,732,142,857
2020 $171,082,365,861 $144,411,538,462
2019 $181,667,184,855 $176,371,428,571
2018 $179,339,977,690 $183,335,164,835
2017 $166,805,788,827 $161,099,175,824
2016 $137,278,320,084 $151,732,142,857
2015 $184,388,404,706 $161,739,835,165
2014 $221,415,613,595 $206,224,725,275
2013 $236,634,603,409 $198,727,747,253
2012 $207,998,568,866 $186,833,516,484
2011 $192,626,464,617 $167,775,274,725
2010 $148,047,348,241 $123,627,197,802
2009 $115,308,686,941 $97,798,351,648
2008 $133,441,648,852 $115,270,054,945
2007 $104,849,915,058 $79,712,087,912
2006 $81,003,864,630 $60,882,142,857
2005 $57,123,671,734 $44,530,494,505
2004 $43,151,647,003 $31,734,065,934
2003 $30,833,692,900 $23,533,791,209
2002 $24,636,598,527 $19,363,736,264
2001 $22,152,689,180 $17,538,461,538
2000 $18,291,990,662 $17,759,890,110
1999 $16,870,817,182 $12,393,131,868
1998 $22,135,245,507 $10,255,495,027
1997 $22,165,932,063 $11,297,802,115
1996 $21,035,357,937 $9,059,340,385
1995 $20,374,302,652 $8,137,911,978
1994 $21,250,792,886 $7,374,450,769
1993 $23,409,260,880 $7,156,593,654
1992 $24,917,355,372 $7,646,153,984
1991 $24,923,076,923 $6,883,516,484
1990 $26,932,016,270 $7,360,439,423
1989 - $6,487,912,088
1988 - $6,038,187,033
1987 - $5,446,428,681
1986 - $5,053,021,951
1985 - $6,153,296,456
1984 - $6,704,395,824
1983 - $6,467,582,308
1982 - $7,596,703,214
1981 - $8,661,263,764
1980 - $7,829,165,262
1979 - $5,632,962,997
1978 - $4,052,000,413
1977 - $3,617,564,638
1976 - $3,284,273,987
1975 - $2,512,773,166
1974 - $2,401,403,227
1973 - $793,885,560
1972 - $510,262,500
1971 - $387,703,106
1970 - $301,791,302

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

GDP per capita in Kazakhstan vs Qatar by year

Kazakhstan
GDP per capita

GDP per capita, PPP
Qatar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kazakhstan Qatar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $14,155 $40,891 $76,689 $126,046
2023 $12,879 $38,515 $81,817 $129,368
2022 $11,255 $35,895 $88,701 $122,921
2021 $9,984 $32,946 $71,752 $116,833
2020 $8,782 $29,040 $51,684 $82,149
2019 $9,457 $28,689 $66,841 $107,503
2018 $9,472 $25,096 $71,040 $110,033
2017 $8,943 $23,973 $63,280 $99,358
2016 $7,476 $23,023 $61,254 $89,935
2015 $10,196 $22,484 $68,985 $102,546
2014 $12,428 $23,958 $95,841 $148,389
2013 $13,478 $23,754 $103,697 $169,203
2012 $12,019 $21,367 $108,470 $180,939
2011 $11,287 $20,160 $103,262 $174,620
2010 $8,793 $18,642 $76,463 $151,646
2009 $6,938 $17,389 $60,786 $125,898
2008 $8,124 $17,278 $80,781 $126,015
2007 $6,449 $16,581 $65,954 $124,056
2006 $5,030 $14,966 $62,582 $127,181
2005 $3,577 $13,226 $53,950 $115,250
2004 $2,722 $11,777 $41,036 $110,958
2003 $1,958 $10,532 $31,602 $94,120
2002 $1,574 $9,504 $27,227 $93,177
2001 $1,422 $8,568 $25,871 $89,805
2000 $1,180 $7,418 $27,535 $88,849
1999 $1,092 $6,626 $20,234 $84,690
1998 $1,415 $6,284 $17,665 $84,486
1997 $1,382 $6,178 $20,523 $79,219
1996 $1,281 $5,836 $17,125 $62,331
1995 $1,218 $5,595 $15,823 $60,321
1994 $1,247 $5,860 $14,765 $59,415
1993 $1,355 $6,477 $14,770 $59,125
1992 $1,438 $6,945 $16,280 $60,387
1991 $1,442 $7,193 $15,133 $54,759
1990 $1,570 $7,874 $16,722 $55,659
1989 - - $15,243 -
1988 - - $14,682 -
1987 - - $13,719 -
1986 - - $13,213 -
1985 - - $16,815 -
1984 - - $19,272 -
1983 - - $19,616 -
1982 - - $24,385 -
1981 - - $29,505 -
1980 - - $28,375 -
1979 - - $21,777 -
1978 - - $16,757 -
1977 - - $16,058 -
1976 - - $15,710 -
1975 - - $13,014 -
1974 - - $13,540 -
1973 - - $4,905 -
1972 - - $3,483 -
1971 - - $2,952 -
1970 - - $2,594 -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

Kazakhstan's GDP per capita is $14,155, ranking 71/197, compared to $76,689 in Qatar, ranking 11/197. Adjusted for purchasing power (GDP per capita PPP), Kazakhstan ranks 58th at $40,891, while Qatar ranks 5th at $126,046.

Economic indicators

Kazakhstan Qatar
Gross domestic product
$291B
2024
$219B
2024
GDP rank
48/197
2024
56/197
2024
GDP growth
5%
2023-2024
2.36%
2023-2024
GDP per capita
$14,155
2024
$76,689
2024
GDP per capita rank
71/197
2024
11/197
2024
GDP per capita, PPP
$40,891
2024
$126,046
2024
GDP per capita PPP rank
58/197
2024
5/197
2024
Government debt
$71.1B
2024
$90.2B
2024
Debt-to-GDP ratio
24.4%
2024
41.2%
2024
Government debt per person
$3,450
2024
$31,579
2024
Government debt per person rank
95/185
2024
23/185
2024
Average annual personal income after taxes
$7,486
2026
$35,660
2026
Market capitalization of domestic companies
$62.8B
2024
$170M
2024
Number of millionaires
44,307
2025
26,163
2025
Number of billionaires
6
2025
2
2025
Income share by richest 10%
24.8%
2021
25.8%
2017
Income share by poorest 10%
4.3%
2021
2.6%
2017
Government expenditure, % of GDP
20.7%
2024
26%
2024
Consumer prices inflation
8.7%
2023-2024
1.27%
2023-2024
Central bank interest rate
18%
2025
4.1%
2025
Unemployment rate
4.86%
2022
0.13%
2022
Population
21161809
2999260

Spending and national debt comparison by year

Kazakhstan
Spending

Debt
Qatar
Spending

Debt
1x
Year % of GDP
Kazakhstan Qatar
Government spending Government debt Government spending Government debt
2024 20.7% 24.4% 26% 41.2%
2023 23.4% 23% 27.3% 43.7%
2022 21.7% 23.5% 24.3% 42.6%
2021 22.1% 25.1% 29.4% 58.4%
2020 24.5% 26.4% 34.7% 72.6%
2019 20.2% 19.9% 32.5% 62.1%
2018 18.8% 20.3% 28.9% 52.2%
2017 24.1% 19.9% 34.7% 51.6%
2016 21.5% 19.7% 40.1% 46.7%
2015 22.9% 21.9% 38.6% 35.5%
2014 21.3% 14.5% 32.3% 24.9%
2013 19.8% 12.6% 28.3% 30.9%
2012 21.9% 12.1% 31% 32.1%
2011 21.2% 10.2% 28.5% 33.5%
2010 22.5% 10.7% 32% 30.4%
2009 23.5% 10.2% 36.4% 36%
2008 27.1% 6.77% 23.5% 11.4%
2007 23.7% 4.09% 29.5% 9.37%
2006 19.8% 6.68% 29.5% 13.9%
2005 22% 8.1% 29% 19.1%
2004 21.3% 11.4% 29.9% 30.1%
2003 21.4% 15% 28.5% 38.8%
2002 20.5% 17.6% 31.6% 47.7%
2001 - - 32.1% 59.2%
2000 - - 29.8% 51.6%
1999 - - 42.4% 81.8%
1998 - - 55.1% 76.6%
1997 - - 47.6% 54.4%
1996 - - 55.2% 57.8%
1995 - - 52.2% 50.2%
1994 - - 59.8% 54.8%
1993 - - 62.8% 46.3%
1992 - - 54.2% 19.9%
1991 - - 57.5% 21.8%
1990 - - 50% 12.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Kazakhstan's government spending was $60.3B, accounting for 20.7% of its GDP, while Qatar spent $56.9B, or 26% of GDP.

Debt-to-GDP ratio is 24.4% in Kazakhstan and 41.2% in Qatar, ranking 167/185 and 130/185, respectively.

Government deficit by year

Deficit/surplus
Kazakhstan

Qatar
1x
Year Deficit/surplus, % of GDP
Kazakhstan Qatar
2024 -1.6% 0.69%
2023 -1.52% 5.56%
2022 0.11% 10.4%
2021 -4.97% 0.24%
2020 -7.04% -2.13%
2019 -0.57% 1%
2018 2.58% 2.26%
2017 -4.27% -6.82%
2016 -4.5% -9.2%
2015 -6.26% 18.4%
2014 2.48% 13.4%
2013 4.95% 19.3%
2012 4.43% 8.55%
2011 5.81% 5.24%
2010 1.47% 4.6%
2009 -1.33% 14.1%
2008 1.23% 9.49%
2007 5.13% 10.3%
2006 7.65% 8.39%
2005 6.08% 9.8%
2004 3.29% 17.7%
2003 4% 6.71%
2002 1.92% 7.89%
2001 - 4.48%
2000 - 4.62%
1999 - -4.35%
1998 - -7%
1997 - -9.4%
1996 - -8.73%
1995 - -5.78%
1994 - -11.8%
1993 - -9.53%
1992 - -2.74%
1991 - -2.57%
1990 - 3.23%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/kazakhstan/qatar | 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 Qatar's surplus of $1.52B, or 0.69% of GDP.

Over the past 23 years, Kazakhstan recorded a fiscal deficit in 9 of those years, while Qatar ran a deficit in 3 years. On average, Kazakhstan posted an annual surplus equal to 0.83% of GDP, compared to surplus of 6.78% of GDP for Qatar.

Inflation comparison by year

Inflation
Kazakhstan

Qatar
1x
Year Consumer prices inflation
Kazakhstan Qatar
2024 8.7% 1.27%
2023 14.5% 3.03%
2022 15% 5%
2021 8% 2.3%
2020 6.8% -2.54%
2019 5.3% -0.67%
2018 6% 0.26%
2017 7.5% 0.39%
2016 14.6% 2.68%
2015 6.8% 1.81%
2014 6.6% 3.35%
2013 5.8% 3.22%
2012 5.1% 2.32%
2011 8.4% 1.14%
2010 7.1% -2.43%
2009 7.3% -4.86%
2008 17.2% 15.1%
2007 10.8% 13.8%
2006 8.6% 11.8%
2005 7.4% 8.81%
2004 7% 6.8%
2003 6.4% 2.26%
2002 6% 0.24%
2001 8.4% 1.47%
2000 13.2% 1.65%
1999 8.3% 2.18%
1998 7.1% 2.95%
1997 17.4% 4.83%

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/qatar | CC BY

Over the past 28 years, Kazakhstan has recorded an average annual inflation rate of 8.98%, compared with 3.15% in Qatar. In 2024, inflation was 8.7% in Kazakhstan and 1.27% in Qatar.

Top exports between countries

Kazakhstan
Export category Export value
Miscellaneous $3.96M
Animal & marine products $3.76M
Raw materials & minerals $3.05M
Machinery & equipment $855K
Chemicals & pharma $170K
Metals $43K
Textiles & consumer goods $22K
Wood & paper products $20K
Processed food, beverages & tobacco $17K
Precious metals & jewellery $1K
Qatar
Export category Export value
Machinery & equipment $63K
Precious metals & jewellery $34K

Balance of trade

Kazakhstan Qatar
Current account balance
-$7.94B
2024
$37.9B
2024
Current account balance ranking
173/190
2024
16/190
2024
Current account balance, % of GDP
-2.72%
2024
+17.3%
2024
Goods imports
$61.8B
2024
$32.6B
2024
Goods exports
$79B
2024
$95B
2024
Service imports
$13B
2024
$37.1B
2024
Service exports
$11.8B
2024
$30.2B
2024
Imports of goods and services, % of GDP
25.6%
2024
31.6%
2022
Exports of goods and services, % of GDP
31.6%
2024
68.6%
2022

Economic freedom indices

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

Kazakhstan Qatar
Economic freedom 64.2 70.2
Economic freedom ranking 75/197 37/197
Property rights 54.9 66.2
Government integrity 40.7 53.5
Judicial effectiveness 33.8 41.5
Tax burden 91.2 99.9
Government spending 85.6 79.9
Fiscal health 97.2 96.6
Business freedom 64.9 68
Labor freedom 63.5 58.5
Monetary freedom 64.3 76
Trade freedom 74.4 81.8
Investment freedom 50 60
Financial freedom 50 60

Economic freedom comparison by year

Kazakhstan
Qatar
1x
Year Economic freedom index
Kazakhstan Qatar
2026 64.2 70.2
2025 63.8 70.2
2024 62 68.8
2023 62.1 68.6
2022 64.4 67.7
2021 71.1 72
2020 69.6 72.3
2019 65.4 72.6
2018 69.1 72.6
2017 69 73.1
2016 63.6 70.7
2015 63.3 70.8
2014 63.7 71.2
2013 63 71.3
2012 63.6 71.3
2011 62.1 70.5
2010 61 69
2009 60.1 65.8
2008 61.1 62.2
2007 59.6 62.9
2006 60.2 62.4
2005 53.9 63.5
2004 49.7 66.5
2003 52.3 65.9
2002 52.4 61.9
2001 51.8 60
2000 50.4 62
1999 47.3 62
1998 41.7 -

Data sources: The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Kazakhstan is 64.2, ranking 75/197, compared to 70.2 for Qatar, ranking 37/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Kazakhstan Qatar
Services, % of GDP
57.9%
2024
46.1%
2024
Industry, % of GDP
32.1%
2024
58.2%
2024
Agriculture, forestry, and fishing, % of GDP
3.88%
2024
0.29%
2024
GNI, Atlas method
$249B
2024
$221B
2024
GNI per capita, PPP
$37,590
2024
$121,900
2024
Total reserves including gold
$45.8B
2024
$54B
2024
Total reserves ranking
43/177
2024
40/177
2024
Net foreign direct investment
-$3.9B
2024
$1.1B
2024
Net inflows of foreign direct investment
$1.98B
2024
$460M
2024
Net outflows of foreign direct investment
-$1.92B
2024
$1.56B
2024
Servicing debt to the IMF, % of GNI
17.3%
2024
n/a
Poverty at national poverty lines
5%
2024
n/a
Gross capital formation, % of GDP
27.2%
2024
30.6%
2022

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/qatar | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2022–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.