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Kazakhstan – Important Facts

Kazakhstan officially the Republic of Kazakhstan, is a transcontinental country in northern Central Asia and Eastern Europe. Kazakhstan is the world’s largest landlocked country, and the ninth largest in the world, with an area of 2,724,900 square kilometres (1,052,100 sq mi). Kazakhstan is the dominant nation of Central Asia economically, generating 60% of the region’s GDP, primarily through its oil/gas industry. Kazakhstan has vast mineral resources.

Kazakhstan is an upper-middle-income country with GDP per capita of nearly US$10.5 thousand in 2015. Kazakhstan’s real GDP growth slowed from 4.1 percent in 2014 to 1.2 percent in 2015 due to falling oil prices and weakened domestic and external demand. The move to a floating exchange-rate regime in August 2015 led to a sharp depreciation of the tenge, which negatively affected private domestic demand and intensified inflationary pressures. The pass-through effect of the depreciation caused inflation to spike, reaching 13.6 percent, year-on-year, in December 2015.

Facts: Republic of Kazakhstan, Capital: Astana, Population: 16.4 million (UN, 2012), Area: 2.7 million sq km (1 million sq miles), Major languages: Kazakh and Russian, Major religions: Islam and Christianity, Life expectancy: 62 years (men), 73 years (women) (UN), Currency: Tenge.

Important Details

  • Country ISO3:KAZ
  • Country Code:398
  • Income Group:Europe & Central Asia
  • Lending Category:Upper middle income
  • Region:IBRD
  • Currency Unit:Tenge
  • WTO Member:YES
  • Trade organisations:Not available
  • world rank:68
  • Regional Ranking:12th in the Asia–Pacific Region