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Economy of Kazakhstan vs Senegal compared: GDP & Debt

Updated on by Georank team

Kazakhstan has a GDP of $291B compared to $32.8B for Senegal, ranking 48/197 and 109/197 by economy size, respectively.

Kazakhstan has $71.1B in government debt (24.4% of GDP), compared to $42.1B (128.4% of GDP) in Senegal.

Kazakhstan vs Senegal GDP by year

Kazakhstan
Senegal
1x
Year GDP, current $
Kazakhstan Senegal
2024 $291,480,274,649 $32,808,056,601
2023 $261,840,101,060 $30,696,331,296
2022 $225,496,328,925 $27,783,332,223
2021 $197,112,255,361 $27,520,784,130
2020 $171,082,365,861 $24,530,513,038
2019 $181,667,184,855 $23,403,995,992
2018 $179,339,977,690 $23,116,701,556
2017 $166,805,788,827 $20,996,562,944
2016 $137,278,320,084 $19,040,312,333
2015 $184,388,404,706 $17,774,766,696
2014 $221,415,613,595 $19,797,253,440
2013 $236,634,603,409 $18,918,667,725
2012 $207,998,568,866 $17,660,870,412
2011 $192,626,464,617 $17,814,283,639
2010 $148,047,348,241 $16,121,315,909
2009 $115,308,686,941 $16,145,867,495
2008 $133,441,648,852 $16,853,989,628
2007 $104,849,915,058 $13,994,218,413
2006 $81,003,864,630 $11,697,918,243
2005 $57,123,671,734 $11,009,033,438
2004 $43,151,647,003 $10,076,816,667
2003 $30,833,692,900 $8,768,721,563
2002 $24,636,598,527 $7,006,402,320
2001 $22,152,689,180 $6,507,824,829
2000 $18,291,990,662 $6,013,185,004
1999 $16,870,817,182 $6,592,834,933
1998 $22,135,245,507 $6,505,607,909
1997 $22,165,932,063 $6,041,478,726
1996 $21,035,357,937 $6,559,712,166
1995 $20,374,302,652 $6,326,342,633
1994 $21,250,792,886 $5,034,588,196
1993 $23,409,260,880 $7,367,986,241
1992 $24,917,355,372 $7,769,817,840
1991 $24,923,076,923 $7,255,210,470
1990 $26,932,016,270 $7,390,967,360
1989 - $6,366,039,373
1988 - $6,418,419,389
1987 - $6,487,353,103
1986 - $5,392,093,446
1985 - $3,818,944,918
1984 - $3,485,165,432
1983 - $3,569,356,125
1982 - $4,013,951,443
1981 - $4,095,892,781
1980 - $4,510,108,291
1979 - $4,084,877,823
1978 - $3,280,354,921
1977 - $2,938,046,463
1976 - $2,869,777,884
1975 - $2,830,388,405
1974 - $2,099,325,229
1973 - $1,863,398,590
1972 - $1,620,857,104
1971 - $1,339,549,033
1970 - $1,297,407,655
1969 - $1,245,234,931
1968 - $1,309,384,862
1967 - $1,246,480,766
1966 - $1,246,908,186
1965 - $1,210,058,228
1964 - $1,188,930,645
1963 - $1,122,139,862
1962 - $1,085,475,791
1961 - $1,058,975,257
1960 - $1,003,692,370

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Kazakhstan vs Senegal by year

Kazakhstan
GDP per capita

GDP per capita, PPP
Senegal
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kazakhstan Senegal
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $14,155 $40,891 $1,773 $5,071
2023 $12,879 $38,515 $1,698 $4,778
2022 $11,255 $35,895 $1,574 $4,530
2021 $9,984 $32,946 $1,598 $4,174
2020 $8,782 $29,040 $1,461 $3,753
2019 $9,457 $28,689 $1,431 $3,648
2018 $9,472 $25,096 $1,453 $3,380
2017 $8,943 $23,973 $1,357 $3,234
2016 $7,476 $23,023 $1,266 $3,101
2015 $10,196 $22,484 $1,218 $2,994
2014 $12,428 $23,958 $1,399 $2,854
2013 $13,478 $23,754 $1,380 $2,769
2012 $12,019 $21,367 $1,327 $2,764
2011 $11,287 $20,160 $1,375 $2,685
2010 $8,793 $18,642 $1,276 $2,663
2009 $6,938 $17,389 $1,309 $2,606
2008 $8,124 $17,278 $1,399 $2,581
2007 $6,449 $16,581 $1,189 $2,499
2006 $5,030 $14,966 $1,017 $2,422
2005 $3,577 $13,226 $980 $2,350
2004 $2,722 $11,777 $918 $2,236
2003 $1,958 $10,532 $818 $2,131
2002 $1,574 $9,504 $669 $2,027
2001 $1,422 $8,568 $637 $2,044
2000 $1,180 $7,418 $603 $1,963
1999 $1,092 $6,626 $678 $1,893
1998 $1,415 $6,284 $685 $1,798
1997 $1,382 $6,178 $651 $1,719
1996 $1,281 $5,836 $723 $1,679
1995 $1,218 $5,595 $715 $1,656
1994 $1,247 $5,860 $584 $1,578
1993 $1,355 $6,477 $878 $1,588
1992 $1,438 $6,945 $951 $1,573
1991 $1,442 $7,193 $913 $1,561
1990 $1,570 $7,874 $957 $1,513
1989 - - $849 -
1988 - - $880 -
1987 - - $916 -
1986 - - $784 -
1985 - - $571 -
1984 - - $536 -
1983 - - $564 -
1982 - - $652 -
1981 - - $683 -
1980 - - $772 -
1979 - - $716 -
1978 - - $589 -
1977 - - $540 -
1976 - - $541 -
1975 - - $547 -
1974 - - $417 -
1973 - - $381 -
1972 - - $342 -
1971 - - $291.1 -
1970 - - $290.5 -
1969 - - $287.3 -
1968 - - $311 -
1967 - - $305 -
1966 - - $315 -
1965 - - $314 -
1964 - - $318 -
1963 - - $309 -
1962 - - $307 -
1961 - - $308 -
1960 - - $300 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Kazakhstan's GDP per capita is $14,155, ranking 71/197, compared to $1,773 in Senegal, ranking 159/197. Adjusted for purchasing power (GDP per capita PPP), Kazakhstan ranks 58th at $40,891, while Senegal ranks 158th at $5,071.

Economic indicators

Kazakhstan Senegal
Gross domestic product
$291B
2024
$32.8B
2024
GDP rank
48/197
2024
109/197
2024
GDP growth
5%
2023-2024
6.06%
2023-2024
GDP per capita
$14,155
2024
$1,773
2024
GDP per capita rank
71/197
2024
159/197
2024
GDP per capita, PPP
$40,891
2024
$5,071
2024
GDP per capita PPP rank
58/197
2024
158/197
2024
Government debt
$71.1B
2024
$42.1B
2024
Debt-to-GDP ratio
24.4%
2024
128.4%
2024
Government debt per person
$3,450
2024
$2,277
2024
Government debt per person rank
95/185
2024
115/185
2024
Average annual personal income after taxes
$7,486
2026
$2,194
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
28.8%
2021
Income share by poorest 10%
4.3%
2021
3%
2021
Government expenditure, % of GDP
20.7%
2024
33.5%
2024
Consumer prices inflation
8.7%
2023-2024
0.8%
2023-2024
Central bank interest rate
18%
2025
n/a
Unemployment rate
4.86%
2022
5.78%
2024
Population
21161809
19491599

Spending and national debt comparison by year

Kazakhstan
Spending

Debt
Senegal
Spending

Debt
1x
Year % of GDP
Kazakhstan Senegal
Government spending Government debt Government spending Government debt
2024 20.7% 24.4% 33.5% 128.4%
2023 23.4% 23% 35.5% 118.4%
2022 21.7% 23.5% 36.2% 105%
2021 22.1% 25.1% 33.6% 98.6%
2020 24.5% 26.4% 29.6% 90.2%
2019 20.2% 19.9% 34.3% 81.5%
2018 18.8% 20.3% 22.6% 61.5%
2017 24.1% 19.9% 22.5% 61.1%
2016 21.5% 19.7% 24% 47.5%
2015 22.9% 21.9% 22.9% 44.5%
2014 21.3% 14.5% 23.1% 42.4%
2013 19.8% 12.6% 22.1% 36.9%
2012 21.9% 12.1% 23% 34.5%
2011 21.2% 10.2% 23.3% 32.9%
2010 22.5% 10.7% 21.7% 34.6%
2009 23.5% 10.2% 21.1% 29.9%
2008 27.1% 6.77% 20.9% 19.1%
2007 23.7% 4.09% 22.2% 19%
2006 19.8% 6.68% 21.3% 17.5%
2005 22% 8.1% 18.7% 36.1%
2004 21.3% 11.4% 18.1% 38%
2003 21.4% 15% 17.1% 42.9%
2002 20.5% 17.6% 15.5% 52%
2001 - - 15.7% 53.2%
2000 - - 14% 57.5%
1999 - - 14.6% 15%
1998 - - 13.5% 18.8%
1997 - - 14.1% 67.8%
1996 - - 15.4% 0.07%
1995 - - 14.4% 65.3%
1994 - - 15.9% 77.3%

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

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

In 2024, Kazakhstan's government spending was $60.3B, accounting for 20.7% of its GDP, while Senegal spent $11B, or 33.5% of GDP.

Debt-to-GDP ratio is 24.4% in Kazakhstan and 128.4% in Senegal, ranking 167/185 and 11/185, respectively.

Government deficit by year

Deficit/surplus
Kazakhstan

Senegal
1x
Year Deficit/surplus, % of GDP
Kazakhstan Senegal
2024 -1.6% -13.4%
2023 -1.52% -14.8%
2022 0.11% -16.1%
2021 -4.97% -13.7%
2020 -7.04% -9.64%
2019 -0.57% -13.9%
2018 2.58% -3.66%
2017 -4.27% -2.97%
2016 -4.5% -3.27%
2015 -6.26% -3.66%
2014 2.48% -3.9%
2013 4.95% -4.34%
2012 4.43% -4.18%
2011 5.81% -4.92%
2010 1.47% -3.94%
2009 -1.33% -3.66%
2008 1.23% -3.53%
2007 5.13% -2.8%
2006 7.65% -3.67%
2005 6.08% -0.26%
2004 3.29% 0.18%
2003 4% -0.52%
2002 1.92% 0.19%
2001 - -1.44%
2000 - 0.78%
1999 - -0.62%
1998 - 0.93%
1997 - 0.98%
1996 - 0.92%
1995 - 2.41%
1994 - 5.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1994–2024, retrieved 2026-02-20).

GeoRank.org/economy/kazakhstan/senegal | 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 Senegal's deficit of $4.4B, or 13.4% of GDP.

Over the past 23 years, Kazakhstan recorded a fiscal deficit in 9 of those years, while Senegal ran a deficit in 21 years. On average, Kazakhstan posted an annual surplus equal to 0.83% of GDP, compared to deficit of 5.67% of GDP for Senegal.

Inflation comparison by year

Inflation
Kazakhstan

Senegal
1x
Year Consumer prices inflation
Kazakhstan Senegal
2024 8.7% 0.8%
2023 14.5% 5.94%
2022 15% 9.7%
2021 8% 2.18%
2020 6.8% 2.54%
2019 5.3% 1.76%
2018 6% 0.46%
2017 7.5% 1.32%
2016 14.6% 0.84%
2015 6.8% 0.14%
2014 6.6% -1.09%
2013 5.8% 0.71%
2012 5.1% 1.42%
2011 8.4% 3.4%
2010 7.1% 1.23%
2009 7.3% -2.25%
2008 17.2% 7.35%
2007 10.8% 5.85%
2006 8.6% 2.11%
2005 7.4% 1.71%
2004 7% 0.51%
2003 6.4% -0.05%
2002 6% 2.34%
2001 8.4% 2.97%
2000 13.2% 0.73%
1999 8.3% 0.83%
1998 7.1% 1.16%
1997 17.4% 1.75%

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/senegal | CC BY

Over the past 28 years, Kazakhstan has recorded an average annual inflation rate of 8.98%, compared with 2.01% in Senegal. In 2024, inflation was 8.7% in Kazakhstan and 0.8% in Senegal.

Top exports between countries

Kazakhstan
Export category Export value
Raw materials & minerals $13.9M
Raw agricultural goods $520K
Machinery & equipment $193K
Metals $109K
Miscellaneous $10K
Textiles & consumer goods $2K
Senegal
Export category Export value
Machinery & equipment $6K
Chemicals & pharma $1K

Balance of trade

Kazakhstan Senegal
Current account balance
-$7.94B
2024
-$6.07B
2023
Current account balance ranking
173/190
2024
170/190
2023
Current account balance, % of GDP
-2.72%
2024
-19.8%
2023
Goods imports
$61.8B
2024
$10.8B
2023
Goods exports
$79B
2024
$5.52B
2023
Service imports
$13B
2024
$4.08B
2023
Service exports
$11.8B
2024
$1.48B
2023
Imports of goods and services, % of GDP
25.6%
2024
43.4%
2024
Exports of goods and services, % of GDP
31.6%
2024
24.7%
2024

Economic freedom indices

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

Kazakhstan Senegal
Economic freedom 64.2 53.2
Economic freedom ranking 75/197 140/197
Property rights 54.9 57.4
Government integrity 40.7 47.3
Judicial effectiveness 33.8 50.5
Tax burden 91.2 68.8
Government spending 85.6 63.1
Fiscal health 97.2 0
Business freedom 64.9 55.2
Labor freedom 63.5 54.4
Monetary freedom 64.3 74.3
Trade freedom 74.4 67
Investment freedom 50 60
Financial freedom 50 40

Economic freedom comparison by year

Kazakhstan
Senegal
1x
Year Economic freedom index
Kazakhstan Senegal
2026 64.2 53.2
2025 63.8 56.4
2024 62 55.4
2023 62.1 57.7
2022 64.4 60
2021 71.1 58
2020 69.6 58
2019 65.4 56.3
2018 69.1 55.7
2017 69 55.9
2016 63.6 58.1
2015 63.3 57.8
2014 63.7 55.4
2013 63 55.5
2012 63.6 55.4
2011 62.1 55.7
2010 61 54.6
2009 60.1 56.3
2008 61.1 58.3
2007 59.6 58.1
2006 60.2 56.2
2005 53.9 57.9
2004 49.7 58.9
2003 52.3 58.1
2002 52.4 58.6
2001 51.8 58.7
2000 50.4 58.9
1999 47.3 60.6
1998 41.7 59.7
1997 - 58.1
1996 - 58.2

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Kazakhstan is 64.2, ranking 75/197, compared to 53.2 for Senegal, ranking 140/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Kazakhstan Senegal
Services, % of GDP
57.9%
2024
48.4%
2024
Industry, % of GDP
32.1%
2024
25%
2024
Agriculture, forestry, and fishing, % of GDP
3.88%
2024
16.6%
2024
GNI, Atlas method
$249B
2024
$31.1B
2024
GNI per capita, PPP
$37,590
2024
$4,920
2024
Total reserves including gold
$45.8B
2024
n/a
Total reserves ranking
43/177
2024
n/a
Net foreign direct investment
-$3.9B
2024
-$4.72B
2023
Net inflows of foreign direct investment
$1.98B
2024
$2.02B
2024
Net outflows of foreign direct investment
-$1.92B
2024
$48.1M
2024
Servicing debt to the IMF, % of GNI
17.3%
2024
10.8%
2024
Poverty at national poverty lines
5%
2024
37.5%
2021
Gross capital formation, % of GDP
27.2%
2024
37.5%
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/senegal | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1994–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2021–2024, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1994–1995, retrieved 2026-02-20)
  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.