Kazakhstan vs Saudi Arabia: Economic Indicators Comparison

Saudi Arabia with a GDP of $786.5B ranked the 18th largest economy in the world, while Kazakhstan ranked 55th with $179.3B. By GDP 5-years average growth and GDP per capita, Saudi Arabia and Kazakhstan ranked 124th vs 95th and 41st vs 75th, respectively.

Gross Domestic Product & Income

StatKazakhstanSaudi Arabia
GDP$179.3B$786.5B
GDP growth, 1 year4.1%2.2%
GDP growth, 5-years average2.9%2.2%
Population18.3M33M
GDP per capita$9.8k$23k
GDP per capita growth2.74%0.61%
Purchasing Power Parity conversion factor121.321.58
Price level ratio of PPP conversion factor GDP to market exchange rate0.350.42
GDP per capita, PPP adjusted$28k$56k
GNI, Atlas method$147.6B$727.8B
GNI per capita$8.1k$22k
GNI, PPP adjusted$446.9B$1.9T
GNI per capita, PPP adjusted$24k$56k

Financial system and Human development

StatKazakhstanSaudi Arabia
Income Tax Rate10%2.5%
Corporate Tax Rate20%2.5%
Inflation, consumer prices6%2.5%
Inflation, GDP deflator9.2%11.5%
Unemployment4.9%5.9%
Economic Freedom Index69.662.4
Personal Freedom Index6.874.65
Human Freedom Index6.915.66
Property Rights Index61.364.6
Judical Effectiveness Index62.172.3
Business Freedom Index74.666.6
Fiscal Health Index84.119.3
Labor Freedom Index8663.3
Investment Freedom Index5045
Financial Freedom Index5050
Trade Freedom Index80.275.4
Monetary Freedom Index68.181
Government Spending Index85.561.8
Tax Burden Index92.399.8
Government Integrity Index40.949.6
Corruption Perceptions Index3149
Life expectancy at birth, years7374.9
Suicide mortality rate, per 100,000 people22.53.2
Mortality caused by road traffic injury, per 100,000 people17.628.8
Intentional homicides, per 100,000 people51.3
International tourism, number of arrivals8.8M15.3M

Government debt & reserves

StatKazakhstanSaudi Arabia
Central government debt, % of GDP21.9%19.1%
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%13.4%
Gross savings, % of GDP30.2%33.2%
Gross capital formation, % of GDP23.8%24.2%
Total reserves including gold$31B$509.5B
Foreign direct investment net inflows$213.8M$4.2B

Exports, imports and economic structure

StatKazakhstanSaudi Arabia
Exports of goods and services, % of GDP37.5%39.9%
Imports of goods and services, % of GDP25.3%26.7%
Current account balance (balance of payments)-$288.9M$70.6B
Revenue excluding grants, % of GDP16%26.8%
Grants excluding technical cooperation, BoP$90.9M$290k
Personal remittances received$618M$334.9M
Industry including construction value added, % of GDP33.5%49.5%
Agriculture, forestry and fishing value added, % of GDP4.4%2.2%
Charges for the use of intellectual property, payments BoP$167.7MN/A
Charges for the use of intellectual property, receipts BoP$912kN/A
Expense, % of GDP14.7%28%
Government Expenditure, % of GDP22%35.7%

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

Saudi Arabia vs

CountryGDP
per capita
Population
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M