Skip to content

Economy of Kazakhstan vs Sri Lanka compared: GDP & Debt

Updated on by Georank team

Kazakhstan has a GDP of $291B compared to $99B for Sri Lanka, ranking 48/197 and 72/197 by economy size, respectively.

Kazakhstan has $71.1B in government debt (24.4% of GDP), compared to $99.8B (100.8% of GDP) in Sri Lanka.

Kazakhstan vs Sri Lanka GDP by year

Kazakhstan
Sri Lanka
1x
Year GDP, current $
Kazakhstan Sri Lanka
2024 $291,480,274,649 $98,963,185,510
2023 $261,840,101,060 $83,716,142,582
2022 $225,496,328,925 $74,143,020,263
2021 $197,112,255,361 $88,556,698,938
2020 $171,082,365,861 $84,335,574,582
2019 $181,667,184,855 $88,998,706,297
2018 $179,339,977,690 $94,450,015,983
2017 $166,805,788,827 $94,369,350,286
2016 $137,278,320,084 $88,000,211,172
2015 $184,388,404,706 $85,090,301,052
2014 $221,415,613,595 $82,531,125,191
2013 $236,634,603,409 $76,976,203,829
2012 $207,998,568,866 $70,447,217,164
2011 $192,626,464,617 $67,753,285,897
2010 $148,047,348,241 $58,636,049,434
2009 $115,308,686,941 $42,066,224,093
2008 $133,441,648,852 $40,713,826,215
2007 $104,849,915,058 $32,350,238,760
2006 $81,003,864,630 $28,267,410,543
2005 $57,123,671,734 $24,405,791,045
2004 $43,151,647,003 $20,662,525,941
2003 $30,833,692,900 $18,881,765,437
2002 $24,636,598,527 $16,536,535,647
2001 $22,152,689,180 $15,749,753,805
2000 $18,291,990,662 $16,595,882,819
1999 $16,870,817,182 $15,711,933,513
1998 $22,135,245,507 $15,760,736,956
1997 $22,165,932,063 $15,091,913,884
1996 $21,035,357,937 $13,897,738,375
1995 $20,374,302,652 $13,029,697,561
1994 $21,250,792,886 $11,717,604,209
1993 $23,409,260,880 $10,338,679,636
1992 $24,917,355,372 $9,703,011,636
1991 $24,923,076,923 $9,000,362,582
1990 $26,932,016,270 $8,032,551,173
1989 - $6,987,267,684
1988 - $6,978,371,581
1987 - $6,682,167,120
1986 - $6,405,210,564
1985 - $5,978,460,972
1984 - $6,043,474,843
1983 - $5,167,913,302
1982 - $4,768,765,017
1981 - $4,415,844,156
1980 - $4,024,621,900
1979 - $3,364,611,432
1978 - $2,733,183,857
1977 - $4,104,509,583
1976 - $3,591,319,857
1975 - $3,791,298,146
1974 - $3,574,586,466
1973 - $2,875,625,000
1972 - $2,553,936,348
1971 - $2,369,308,600
1970 - $2,296,470,588
1969 - $1,965,546,218
1968 - $1,801,344,538
1967 - $1,859,465,021
1966 - $1,751,470,588
1965 - $1,698,319,328
1964 - $1,309,747,899
1963 - $1,240,672,269
1962 - $1,434,156,379
1961 - $1,444,327,731
1960 - $1,409,873,950

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

GeoRank.org/economy/kazakhstan/sri-lanka | CC BY

GDP per capita in Kazakhstan vs Sri Lanka by year

Kazakhstan
GDP per capita

GDP per capita, PPP
Sri Lanka
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kazakhstan Sri Lanka
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $14,155 $40,891 $4,516 $15,633
2023 $12,879 $38,515 $3,799 $14,456
2022 $11,255 $35,895 $3,343 $14,194
2021 $9,984 $32,946 $3,997 $14,316
2020 $8,782 $29,040 $3,848 $12,941
2019 $9,457 $28,689 $4,082 $14,113
2018 $9,472 $25,096 $4,359 $14,178
2017 $8,943 $23,973 $4,399 $13,610
2016 $7,476 $23,023 $4,149 $13,079
2015 $10,196 $22,484 $4,058 $12,227
2014 $12,428 $23,958 $3,972 $11,721
2013 $13,478 $23,754 $3,739 $11,253
2012 $12,019 $21,367 $3,328 $10,249
2011 $11,287 $20,160 $3,225 $9,076
2010 $8,793 $18,642 $2,808 $8,234
2009 $6,938 $17,389 $2,027 $7,576
2008 $8,124 $17,278 $1,974 $7,317
2007 $6,449 $16,581 $1,579 $6,820
2006 $5,030 $14,966 $1,389 $6,261
2005 $3,577 $13,226 $1,207 $5,679
2004 $2,722 $11,777 $1,029 $5,216
2003 $1,958 $10,532 $946 $4,850
2002 $1,574 $9,504 $835 $4,522
2001 $1,422 $8,568 $804 $4,328
2000 $1,180 $7,418 $860 $4,368
1999 $1,092 $6,626 $829 $4,103
1998 $1,415 $6,284 $848 $3,952
1997 $1,382 $6,178 $827 $3,804
1996 $1,281 $5,836 $776 $3,582
1995 $1,218 $5,595 $742 $3,454
1994 $1,247 $5,860 $678 $3,260
1993 $1,355 $6,477 $607 $3,067
1992 $1,438 $6,945 $580 $2,851
1991 $1,442 $7,193 $546 $2,713
1990 $1,570 $7,874 $491 $2,527
1989 - - $430 -
1988 - - $434 -
1987 - - $420 -
1986 - - $407 -
1985 - - $385 -
1984 - - $391 -
1983 - - $336 -
1982 - - $312 -
1981 - - $292.5 -
1980 - - $271.1 -
1979 - - $230.8 -
1978 - - $191 -
1977 - - $292.1 -
1976 - - $260.3 -
1975 - - $279.8 -
1974 - - $268.7 -
1973 - - $220.2 -
1972 - - $199.4 -
1971 - - $188.8 -
1970 - - $186.9 -
1969 - - $163.6 -
1968 - - $153.5 -
1967 - - $162.3 -
1966 - - $156.6 -
1965 - - $155.6 -
1964 - - $122.9 -
1963 - - $119.4 -
1962 - - $141.4 -
1961 - - $145.9 -
1960 - - $145.9 -

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

GeoRank.org/economy/kazakhstan/sri-lanka | CC BY

Kazakhstan's GDP per capita is $14,155, ranking 71/197, compared to $4,516 in Sri Lanka, ranking 124/197. Adjusted for purchasing power (GDP per capita PPP), Kazakhstan ranks 58th at $40,891, while Sri Lanka ranks 111th at $15,633.

Economic indicators

Kazakhstan Sri Lanka
Gross domestic product
$291B
2024
$99B
2024
GDP rank
48/197
2024
72/197
2024
GDP growth
5%
2023-2024
5.01%
2023-2024
GDP per capita
$14,155
2024
$4,516
2024
GDP per capita rank
71/197
2024
124/197
2024
GDP per capita, PPP
$40,891
2024
$15,633
2024
GDP per capita PPP rank
58/197
2024
111/197
2024
Government debt
$71.1B
2024
$99.8B
2024
Debt-to-GDP ratio
24.4%
2024
100.8%
2024
Government debt per person
$3,450
2024
$4,554
2024
Government debt per person rank
95/185
2024
85/185
2024
Average annual personal income after taxes
$7,486
2026
$2,874
2026
Market capitalization of domestic companies
$62.8B
2024
$19.5B
2024
Number of millionaires
44,307
2025
n/a
Number of billionaires
6
2025
n/a
Income share by richest 10%
24.8%
2021
30.8%
2019
Income share by poorest 10%
4.3%
2021
3.1%
2019
Government expenditure, % of GDP
20.7%
2024
19.3%
2024
Consumer prices inflation
8.7%
2023-2024
-0.43%
2023-2024
Central bank interest rate
18%
2025
7.75%
2025
Unemployment rate
4.86%
2022
4.67%
2023
Population
21161809
22185425

Spending and national debt comparison by year

Kazakhstan
Spending

Debt
Sri Lanka
Spending

Debt
1x
Year % of GDP
Kazakhstan Sri Lanka
Government spending Government debt Government spending Government debt
2024 20.7% 24.4% 19.3% 100.8%
2023 23.4% 23% 19.5% 110.4%
2022 21.7% 23.5% 18.6% 115.9%
2021 22.1% 25.1% 20% 102.7%
2020 24.5% 26.4% 22.1% 96.9%
2019 20.2% 19.9% 19.5% 82.6%
2018 18.8% 20.3% 17.5% 83.6%
2017 24.1% 19.9% 17.9% 72.3%
2016 21.5% 19.7% 18.2% 75%
2015 22.9% 21.9% 19.3% 76.3%
2014 21.3% 14.5% 17.2% 69.6%
2013 19.8% 12.6% 16.6% 69.5%
2012 21.9% 12.1% 17.3% 67.5%
2011 21.2% 10.2% 19.1% 69.4%
2010 22.5% 10.7% 19.3% 68.7%
2009 23.5% 10.2% 21% 72.8%
2008 27.1% 6.77% 19.1% 68.8%
2007 23.7% 4.09% 19.9% 71.8%
2006 19.8% 6.68% 20.5% 74.3%
2005 22% 8.1% 20.1% 76.6%
2004 21.3% 11.4% 19.3% 86.5%
2003 21.4% 15% 19.3% 86.5%
2002 20.5% 17.6% 20.8% 96.3%
2001 - - 22.4% 84.4%
2000 - - 21.7% 79.2%
1999 - - 20.5% 77.7%
1998 - - 21.4% 74.2%
1997 - - 21.4% 70.1%
1996 - - 23.1% 76.2%
1995 - - 24.8% 77.8%
1994 - - 24.1% 77.9%
1993 - - 23.2% 79.2%
1992 - - 23% 77.9%
1991 - - 26.4% 80.5%
1990 - - 25.4% 78.9%

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

GeoRank.org/economy/kazakhstan/sri-lanka | CC BY

In 2024, Kazakhstan's government spending was $60.3B, accounting for 20.7% of its GDP, while Sri Lanka spent $19.1B, or 19.3% of GDP.

Debt-to-GDP ratio is 24.4% in Kazakhstan and 100.8% in Sri Lanka, ranking 167/185 and 23/185, respectively.

Government deficit by year

Deficit/surplus
Kazakhstan

Sri Lanka
1x
Year Deficit/surplus, % of GDP
Kazakhstan Sri Lanka
2024 -1.6% -5.64%
2023 -1.52% -8.32%
2022 0.11% -10.2%
2021 -4.97% -11.7%
2020 -7.04% -13.4%
2019 -0.57% -7.52%
2018 2.58% -4.96%
2017 -4.27% -5.1%
2016 -4.5% -5%
2015 -6.26% -6.64%
2014 2.48% -5.99%
2013 4.95% -5%
2012 4.43% -5.44%
2011 5.81% -6.01%
2010 1.47% -6.73%
2009 -1.33% -8.33%
2008 1.23% -5.93%
2007 5.13% -5.81%
2006 7.65% -5.91%
2005 6.08% -5.93%
2004 3.29% -6.32%
2003 4% -6.15%
2002 1.92% -6.9%
2001 - -8.48%
2000 - -7.78%
1999 - -5.58%
1998 - -6.79%
1997 - -5.71%
1996 - -6.89%
1995 - -7.11%
1994 - -7.41%
1993 - -5.77%
1992 - -4.95%
1991 - -7.97%
1990 - -6.39%

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

GeoRank.org/economy/kazakhstan/sri-lanka | 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 Sri Lanka's deficit of $5.58B, or 5.64% of GDP.

Over the past 23 years, Kazakhstan recorded a fiscal deficit in 9 of those years, while Sri Lanka ran a deficit in 23 years. On average, Kazakhstan posted an annual surplus equal to 0.83% of GDP, compared to deficit of 6.91% of GDP for Sri Lanka.

Inflation comparison by year

Inflation
Kazakhstan

Sri Lanka
1x
Year Consumer prices inflation
Kazakhstan Sri Lanka
2024 8.7% -0.43%
2023 14.5% 16.5%
2022 15% 49.7%
2021 8% 7.01%
2020 6.8% 6.15%
2019 5.3% 3.53%
2018 6% 2.14%
2017 7.5% 7.7%
2016 14.6% 3.96%
2015 6.8% 3.77%
2014 6.6% 3.18%
2013 5.8% 6.91%
2012 5.1% 7.54%
2011 8.4% 6.72%
2010 7.1% 6.22%
2009 7.3% 3.46%
2008 17.2% 22.6%
2007 10.8% 15.8%
2006 8.6% 10%
2005 7.4% 11.6%
2004 7% 7.58%
2003 6.4% 6.31%
2002 6% 9.55%
2001 8.4% 14.2%
2000 13.2% 6.18%
1999 8.3% 4.69%
1998 7.1% 9.36%
1997 17.4% 9.57%

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/sri-lanka | CC BY

Over the past 28 years, Kazakhstan has recorded an average annual inflation rate of 8.98%, compared with 9.34% in Sri Lanka. In 2024, inflation was 8.7% in Kazakhstan and -0.43% in Sri Lanka.

Top exports between countries

Kazakhstan
Export category Export value
Raw materials & minerals $5.25M
Raw agricultural goods $143K
Chemicals & pharma $30K
Metals $8K
Precious metals & jewellery $1K
Textiles & consumer goods $1K
Sri Lanka
Export category Export value
Raw agricultural goods $6.53M
Machinery & equipment $572K
Textiles & consumer goods $286K
Chemicals & pharma $255K
Wood & paper products $244K
Animal & marine products $64K
Processed food, beverages & tobacco $31K
Miscellaneous $1K

Balance of trade

Kazakhstan Sri Lanka
Current account balance
-$7.94B
2024
$1.21B
2024
Current account balance ranking
173/190
2024
53/190
2024
Current account balance, % of GDP
-2.72%
2024
+1.22%
2024
Goods imports
$61.8B
2024
$18.8B
2024
Goods exports
$79B
2024
$12.8B
2024
Service imports
$13B
2024
$3.48B
2024
Service exports
$11.8B
2024
$6.91B
2024
Imports of goods and services, % of GDP
25.6%
2024
22.5%
2024
Exports of goods and services, % of GDP
31.6%
2024
19.9%
2024

Economic freedom indices

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

Kazakhstan Sri Lanka
Economic freedom 64.2 50.3
Economic freedom ranking 75/197 162/197
Property rights 54.9 47.3
Government integrity 40.7 37.3
Judicial effectiveness 33.8 47.2
Tax burden 91.2 77
Government spending 85.6 89
Fiscal health 97.2 0
Business freedom 64.9 60.1
Labor freedom 63.5 54.3
Monetary freedom 64.3 65.9
Trade freedom 74.4 65.6
Investment freedom 50 30
Financial freedom 50 30

Economic freedom comparison by year

Kazakhstan
Sri Lanka
1x
Year Economic freedom index
Kazakhstan Sri Lanka
2026 64.2 50.3
2025 63.8 49.4
2024 62 49.2
2023 62.1 52.2
2022 64.4 53.3
2021 71.1 55.7
2020 69.6 57.4
2019 65.4 56.4
2018 69.1 57.8
2017 69 57.4
2016 63.6 59.9
2015 63.3 58.6
2014 63.7 60
2013 63 60.7
2012 63.6 58.3
2011 62.1 57.1
2010 61 54.6
2009 60.1 56
2008 61.1 58.4
2007 59.6 59.4
2006 60.2 58.7
2005 53.9 61
2004 49.7 61.6
2003 52.3 62.5
2002 52.4 64
2001 51.8 66
2000 50.4 63.2
1999 47.3 64
1998 41.7 64.6
1997 - 65.5
1996 - 62.5
1995 - 60.6

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

GeoRank.org/economy/kazakhstan/sri-lanka | CC BY

The Economic Freedom Index for Kazakhstan is 64.2, ranking 75/197, compared to 50.3 for Sri Lanka, ranking 162/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Kazakhstan Sri Lanka
Services, % of GDP
57.9%
2024
57.5%
2024
Industry, % of GDP
32.1%
2024
25.5%
2024
Agriculture, forestry, and fishing, % of GDP
3.88%
2024
8.3%
2024
GNI, Atlas method
$249B
2024
$84.6B
2024
GNI per capita, PPP
$37,590
2024
$15,240
2024
Total reserves including gold
$45.8B
2024
$6.09B
2024
Total reserves ranking
43/177
2024
92/177
2024
Net foreign direct investment
-$3.9B
2024
-$651M
2024
Net inflows of foreign direct investment
$1.98B
2024
$761M
2024
Net outflows of foreign direct investment
-$1.92B
2024
$110M
2024
Servicing debt to the IMF, % of GNI
17.3%
2024
4.98%
2024
Poverty at national poverty lines
5%
2024
14.3%
2019
Gross capital formation, % of GDP
27.2%
2024
27%
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/sri-lanka | 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 (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2020–2024, 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.