IMF: Kazakhstan tops Central Asia in GDP per capita, surpasses Russia, China

Kazakhstan’s GDP per capita is projected to reach $14,770 in 2025, according to the International Monetary Fund (IMF), placing it ahead of both Russia ($14,260) and China ($13,690).

The IMF notes that the figure, calculated at current prices, reflects prevailing price levels and inflation, making it a key indicator of economic well-being. The Fund attributes Kazakhstan’s strong performance to its abundant natural resources, export growth, an improved investment climate, and significant spending on social infrastructure, Caliber.Az reports via foreign media. 

Other contributing factors include the country’s strategic geographical position, expanding transport and logistics networks, and macroeconomic stability supported by policies of the National Bank and the government.

Within Central Asia, Kazakhstan ranks first, followed by Turkmenistan ($13,340), Uzbekistan ($3,510), Kyrgyzstan ($2,750), and Tajikistan ($1,430).

Across the post-Soviet space, only the Baltic states — Estonia ($32,760), Lithuania ($30,840), and Latvia ($24,370) — post higher GDP per capita figures than Kazakhstan.

By Sabina Mammadli