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Economy of Kazakhstan vs Saint Lucia compared: GDP & Debt

Updated on by Georank team

Kazakhstan has a GDP of $291B compared to $2.55B for Saint Lucia, ranking 48/197 and 173/197 by economy size, respectively.

Kazakhstan has $71.1B in government debt (24.4% of GDP), compared to $1.97B (77.2% of GDP) in Saint Lucia.

Kazakhstan vs Saint Lucia GDP by year

Kazakhstan
Saint Lucia
1x
Year GDP, current $
Kazakhstan Saint Lucia
2024 $291,480,274,649 $2,549,062,963
2023 $261,840,101,060 $2,430,166,667
2022 $225,496,328,925 $2,342,714,815
2021 $197,112,255,361 $1,867,185,185
2020 $171,082,365,861 $1,499,274,074
2019 $181,667,184,855 $2,095,344,444
2018 $179,339,977,690 $2,060,955,556
2017 $166,805,788,827 $1,998,503,704
2016 $137,278,320,084 $1,868,544,444
2015 $184,388,404,706 $1,807,640,741
2014 $221,415,613,595 $1,749,185,185
2013 $236,634,603,409 $1,660,392,593
2012 $207,998,568,866 $1,598,207,407
2011 $192,626,464,617 $1,568,370,370
2010 $148,047,348,241 $1,482,385,185
2009 $115,308,686,941 $1,401,507,889
2008 $133,441,648,852 $1,437,731,111
2007 $104,849,915,058 $1,336,088,815
2006 $81,003,864,630 $1,268,319,185
2005 $57,123,671,734 $1,135,555,556
2004 $43,151,647,003 $1,066,666,667
2003 $30,833,692,900 $987,407,407
2002 $24,636,598,527 $900,000,000
2001 $22,152,689,180 $892,592,593
2000 $18,291,990,662 $932,592,593
1999 $16,870,817,182 $921,851,852
1998 $22,135,245,507 $877,407,407
1997 $22,165,932,063 $805,925,926
1996 $21,035,357,937 $788,888,889
1995 $20,374,302,652 $762,962,963
1994 $21,250,792,886 $713,703,704
1993 $23,409,260,880 $684,814,815
1992 $24,917,355,372 $674,074,074
1991 $24,923,076,923 $613,703,704
1990 $26,932,016,270 $579,629,630
1989 - $486,666,667
1988 - $429,629,630
1987 - $375,555,556
1986 - $340,000,000
1985 - $284,444,444
1984 - $251,481,481
1983 - $197,037,037
1982 - $183,333,333
1981 - $194,444,444
1980 - $170,370,370

Data sources: World Bank | Economy & Growth (1980–2024, retrieved 2026-04-06).

GeoRank.org/economy/kazakhstan/saint-lucia | CC BY

GDP per capita in Kazakhstan vs Saint Lucia by year

Kazakhstan
GDP per capita

GDP per capita, PPP
Saint Lucia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kazakhstan Saint Lucia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $14,155 $40,891 $14,182 $27,567
2023 $12,879 $38,515 $13,555 $25,975
2022 $11,255 $35,895 $13,104 $24,599
2021 $9,984 $32,946 $10,459 $19,101
2020 $8,782 $29,040 $8,411 $14,912
2019 $9,457 $28,689 $11,794 $18,710
2018 $9,472 $25,096 $11,643 $17,433
2017 $8,943 $23,973 $11,333 $16,131
2016 $7,476 $23,023 $10,638 $15,307
2015 $10,196 $22,484 $10,335 $14,353
2014 $12,428 $23,958 $10,045 $14,403
2013 $13,478 $23,754 $9,577 $14,010
2012 $12,019 $21,367 $9,260 $13,443
2011 $11,287 $20,160 $9,129 $13,471
2010 $8,793 $18,642 $8,674 $12,718
2009 $6,938 $17,389 $8,251 $12,600
2008 $8,124 $17,278 $8,517 $12,969
2007 $6,449 $16,581 $7,964 $12,199
2006 $5,030 $14,966 $7,611 $11,758
2005 $3,577 $13,226 $6,863 $10,818
2004 $2,722 $11,777 $6,495 $10,610
2003 $1,958 $10,532 $6,059 $9,707
2002 $1,574 $9,504 $5,568 $9,205
2001 $1,422 $8,568 $5,570 $9,106
2000 $1,180 $7,418 $5,880 $9,314
1999 $1,092 $6,626 $5,883 $9,214
1998 $1,415 $6,284 $5,673 $8,965
1997 $1,382 $6,178 $5,282 $8,456
1996 $1,281 $5,836 $5,244 $8,490
1995 $1,218 $5,595 $5,148 $8,222
1994 $1,247 $5,860 $4,892 $8,041
1993 $1,355 $6,477 $4,765 $7,865
1992 $1,438 $6,945 $4,760 $7,753
1991 $1,442 $7,193 $4,399 $7,127
1990 $1,570 $7,874 $4,205 $6,951
1989 - - $3,565 -
1988 - - $3,182 -
1987 - - $2,819 -
1986 - - $2,591 -
1985 - - $2,202 -
1984 - - $1,979 -
1983 - - $1,576 -
1982 - - $1,489 -
1981 - - $1,605 -
1980 - - $1,428 -

Data sources: World Bank | Economy & Growth (1980–2024, retrieved 2026-04-06).

GeoRank.org/economy/kazakhstan/saint-lucia | CC BY

Kazakhstan's GDP per capita is $14,155, ranking 71/197, compared to $14,182 in Saint Lucia, ranking 70/197. Adjusted for purchasing power (GDP per capita PPP), Kazakhstan ranks 58th at $40,891, while Saint Lucia ranks 75th at $27,567.

Economic indicators

Kazakhstan Saint Lucia
Gross domestic product
$291B
2024
$2.55B
2024
GDP rank
48/197
2024
173/197
2024
GDP growth
5%
2023-2024
3.89%
2023-2024
GDP per capita
$14,155
2024
$14,182
2024
GDP per capita rank
71/197
2024
70/197
2024
GDP per capita, PPP
$40,891
2024
$27,567
2024
GDP per capita PPP rank
58/197
2024
75/197
2024
Government debt
$71.1B
2024
$1.97B
2024
Debt-to-GDP ratio
24.4%
2024
77.2%
2024
Government debt per person
$3,450
2024
$10,952
2024
Government debt per person rank
95/185
2024
52/185
2024
Average annual personal income after taxes
$7,486
2026
$10,412
2026
Market capitalization of domestic companies
$62.8B
2024
n/a
Number of millionaires
44,307
2025
n/a
Number of billionaires
6
2025
n/a
Income share by richest 10%
24.8%
2021
34.1%
2015
Income share by poorest 10%
4.3%
2021
2.1%
2015
Government expenditure, % of GDP
20.7%
2024
24.5%
2024
Consumer prices inflation
8.7%
2023-2024
-0.11%
2023-2024
Central bank interest rate
18%
2025
n/a
Unemployment rate
4.86%
2022
10.1%
2024
Population
21161809
180638

Spending and national debt comparison by year

Kazakhstan
Spending

Debt
Saint Lucia
Spending

Debt
1x
Year % of GDP
Kazakhstan Saint Lucia
Government spending Government debt Government spending Government debt
2024 20.7% 24.4% 24.5% 77.2%
2023 23.4% 23% 25.6% 76.6%
2022 21.7% 23.5% 23% 74.4%
2021 22.1% 25.1% 27.4% 87%
2020 24.5% 26.4% 34.9% 100%
2019 20.2% 19.9% 25.1% 62.1%
2018 18.8% 20.3% 23.2% 60.5%
2017 24.1% 19.9% 23.3% 60.4%
2016 21.5% 19.7% 23% 61.3%
2015 22.9% 21.9% 23.7% 61.1%
2014 21.3% 14.5% 23.6% 62.4%
2013 19.8% 12.6% 25.4% 62.1%
2012 21.9% 12.1% 28% 60.8%
2011 21.2% 10.2% 27% 55.2%
2010 22.5% 10.7% 26% 53%
2009 23.5% 10.2% 24.5% 51%
2008 27.1% 6.77% 22.2% 46.7%
2007 23.7% 4.09% 22.6% 49.1%
2006 19.8% 6.68% 24.7% 48.6%
2005 22% 8.1% 26% 51.9%
2004 21.3% 11.4% 22.9% 49.6%
2003 21.4% 15% 22.9% 45.6%
2002 20.5% 17.6% 23.6% 48.8%
2001 - - 22.1% 38.1%
2000 - - 20.7% 32.5%
1999 - - 20.9% 28.9%
1998 - - 18.8% 29.4%
1997 - - 19.5% 27.2%
1996 - - 18.9% 24.1%
1995 - - 19.2% 22.9%
1994 - - 19.1% 23.8%
1993 - - 21.8% 22.9%
1992 - - 18.4% 22.2%
1991 - - 18.4% 19.8%
1990 - - 16.7% 17%
1989 - - 19% 18.1%
1988 - - 18.2% 18.6%
1987 - - 19.9% 19.6%
1986 - - 21.1% 17.2%
1985 - - 20.4% 17.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

GeoRank.org/economy/kazakhstan/saint-lucia | CC BY

In 2024, Kazakhstan's government spending was $60.3B, accounting for 20.7% of its GDP, while Saint Lucia spent $625M, or 24.5% of GDP.

Debt-to-GDP ratio is 24.4% in Kazakhstan and 77.2% in Saint Lucia, ranking 167/185 and 46/185, respectively.

Government deficit by year

Deficit/surplus
Kazakhstan

Saint Lucia
1x
Year Deficit/surplus, % of GDP
Kazakhstan Saint Lucia
2024 -1.6% -2.13%
2023 -1.52% -3.09%
2022 0.11% -1.67%
2021 -4.97% -5.1%
2020 -7.04% -12%
2019 -0.57% -3.51%
2018 2.58% -1.03%
2017 -4.27% -1.14%
2016 -4.5% -0.79%
2015 -6.26% -2.35%
2014 2.48% -3.08%
2013 4.95% -4.84%
2012 4.43% -7.62%
2011 5.81% -5.38%
2010 1.47% -4.17%
2009 -1.33% -2.67%
2008 1.23% -0.72%
2007 5.13% -1.62%
2006 7.65% -5.07%
2005 6.08% -6.18%
2004 3.29% -2.63%
2003 4% -3.23%
2002 1.92% -3.1%
2001 - -3.08%
2000 - -1.16%
1999 - 1.62%
1998 - 2.25%
1997 - -1.13%
1996 - -0.58%
1995 - -0.13%
1994 - -0.02%
1993 - -0.26%
1992 - -0.66%
1991 - -0.43%
1990 - 0.29%
1989 - 0.89%
1988 - 2.02%
1987 - 0.56%
1986 - -1.61%
1985 - -1.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

GeoRank.org/economy/kazakhstan/saint-lucia | 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 Saint Lucia's deficit of $54.2M, or 2.13% of GDP.

Over the past 23 years, Kazakhstan recorded a fiscal deficit in 9 of those years, while Saint Lucia ran a deficit in 23 years. On average, Kazakhstan posted an annual surplus equal to 0.83% of GDP, compared to deficit of 3.62% of GDP for Saint Lucia.

Inflation comparison by year

Inflation
Kazakhstan

Saint Lucia
1x
Year Consumer prices inflation
Kazakhstan Saint Lucia
2024 8.7% -0.11%
2023 14.5% 4.07%
2022 15% 6.38%
2021 8% 2.41%
2020 6.8% -1.76%
2019 5.3% 0.54%
2018 6% 1.94%
2017 7.5% 0.1%
2016 14.6% -3.08%
2015 6.8% -0.98%
2014 6.6% 3.52%
2013 5.8% 1.47%
2012 5.1% 4.18%
2011 8.4% 2.77%
2010 7.1% 3.25%
2009 7.3% -0.16%
2008 17.2% 5.55%
2007 10.8% 2.82%
2006 8.6% 2.4%
2005 7.4% 3.9%
2004 7% 1.46%
2003 6.4% 1.03%
2002 6% -0.26%
2001 8.4% 5.31%
2000 13.2% 3.71%
1999 8.3% 3.5%
1998 7.1% 3.2%
1997 17.4% -0.006%

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/saint-lucia | CC BY

Over the past 28 years, Kazakhstan has recorded an average annual inflation rate of 8.98%, compared with 2.04% in Saint Lucia. In 2024, inflation was 8.7% in Kazakhstan and -0.11% in Saint Lucia.

Balance of trade

Kazakhstan Saint Lucia
Current account balance
-$7.94B
2024
-$64.1M
2024
Current account balance ranking
173/190
2024
86/190
2024
Current account balance, % of GDP
-2.72%
2024
-2.52%
2024
Goods imports
$61.8B
2024
$848M
2024
Goods exports
$79B
2024
$137M
2024
Service imports
$13B
2024
$598M
2024
Service exports
$11.8B
2024
$1.46B
2024
Imports of goods and services, % of GDP
25.6%
2024
n/a
Exports of goods and services, % of GDP
31.6%
2024
19%
2025

Economic freedom indices

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

Kazakhstan Saint Lucia
Economic freedom 64.2 67.5
Economic freedom ranking 75/197 57/197
Property rights 54.9 64.3
Government integrity 40.7 59.7
Judicial effectiveness 33.8 77.3
Tax burden 91.2 77.7
Government spending 85.6 82.6
Fiscal health 97.2 80
Business freedom 64.9 71.9
Labor freedom 63.5 65.2
Monetary freedom 64.3 81
Trade freedom 74.4 60
Investment freedom 50 50
Financial freedom 50 40

Economic freedom comparison by year

Kazakhstan
Saint Lucia
1x
Year Economic freedom index
Kazakhstan Saint Lucia
2026 64.2 67.5
2025 63.8 67
2024 62 62.2
2023 62.1 60.7
2022 64.4 64.3
2021 71.1 67.5
2020 69.6 68.2
2019 65.4 68.7
2018 69.1 67.6
2017 69 65
2016 63.6 70
2015 63.3 70.2
2014 63.7 70.7
2013 63 70.4
2012 63.6 71.3
2011 62.1 70.8
2010 61 70.5
2009 60.1 68.8
2008 61.1 -
2007 59.6 -
2006 60.2 -
2005 53.9 -
2004 49.7 -
2003 52.3 -
2002 52.4 -
2001 51.8 -
2000 50.4 -
1999 47.3 -
1998 41.7 -

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

GeoRank.org/economy/kazakhstan/saint-lucia | CC BY

The Economic Freedom Index for Kazakhstan is 64.2, ranking 75/197, compared to 67.5 for Saint Lucia, ranking 57/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Kazakhstan Saint Lucia
Services, % of GDP
57.9%
2024
75.9%
2024
Industry, % of GDP
32.1%
2024
9.75%
2024
Agriculture, forestry, and fishing, % of GDP
3.88%
2024
1.13%
2024
GNI, Atlas method
$249B
2024
$2.27B
2024
GNI per capita, PPP
$37,590
2024
$24,840
2024
Total reserves including gold
$45.8B
2024
$406M
2024
Total reserves ranking
43/177
2024
162/177
2024
Net foreign direct investment
-$3.9B
2024
-$187M
2024
Net inflows of foreign direct investment
$1.98B
2024
$187M
2024
Net outflows of foreign direct investment
-$1.92B
2024
-$350K
2024
Servicing debt to the IMF, % of GNI
17.3%
2024
3.42%
2024
Poverty at national poverty lines
5%
2024
25%
2016
Gross capital formation, % of GDP
27.2%
2024
n/a

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/saint-lucia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1980–2024, 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. International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20)
  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.