Kazakhstan outpaces Russia and China in GDP per capita

The International Monetary Fund (IMF) has confirmed that Kazakhstan has outpaced both Russia and China in gross domestic product (GDP) per capita. The IMF projected 3% growth in 2025 in its updated outlook.

IMF data shows that in 2025 Kazakhstan’s GDP per capita reached $14,770, compared to $14,260 in Russia and $13,690 in China. Within Central Asia, Turkmenistan followed with $13,340, while Uzbekistan posted $3,510, Kyrgyzstan $2,750, and Tajikistan $1,430.

The IMF also noted low inflation thanks to the policies of the National Bank and the government to maintain stability. A steady tenge exchange rate and a balanced budget are observed.  

source: commonspace.eu with agencies

Related articles

Editor's choice
News
Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell underlined that the European Union will make every effort to support the peace process and to remain a committed partner to the Afghan people. "Of course, we will have to take into account the evolving situation, but disengagement is not an option.  We are clear on that: there is no alternative to a negotiated political settlement, through inclusive peace talks.
Editor's choice
News
Erdogan tours the Gulf and says Turkey will buy Eurofighter jets from Qatar and Oman

Erdogan tours the Gulf and says Turkey will buy Eurofighter jets from Qatar and Oman

Turkey is negotiating with Qatar and Oman to acquire used Eurofighter Typhoon fighter jets as part of its effort to bolster its air force capabilities. Following a three-day tour of Kuwait, Qatar, and Oman last week in which he oversaw the signing of several agreements, including in the defense sector, President  Recep Tayyip Erdogan said that Turkey aims to purchase dozens of Eurofighters and other advanced jets as a stopgap measure to strengthen its fleet until its domestically developed fifth-generation KAAN fighter jet becomes operational.

Popular

Editor's choice
News
Erdogan tours the Gulf and says Turkey will buy Eurofighter jets from Qatar and Oman

Erdogan tours the Gulf and says Turkey will buy Eurofighter jets from Qatar and Oman

Turkey is negotiating with Qatar and Oman to acquire used Eurofighter Typhoon fighter jets as part of its effort to bolster its air force capabilities. Following a three-day tour of Kuwait, Qatar, and Oman last week in which he oversaw the signing of several agreements, including in the defense sector, President  Recep Tayyip Erdogan said that Turkey aims to purchase dozens of Eurofighters and other advanced jets as a stopgap measure to strengthen its fleet until its domestically developed fifth-generation KAAN fighter jet becomes operational.