Kazakhstan tops in GDP growth among Central Asian countries, CIS

Kazakhstan tops in GDP growth among Central Asian countries, CIS

Kazakhstan leads in GDP among Central Asian countries and CIS, with a projected GDP volume of $259.3 billion in 2022, a 15% increase from the previous year. It surpasses the combined GDP of Armenia, Belarus, Georgia, Kyrgyz Republic, Moldova, Tajikistan, and Uzbekistan. IMF predicts Kazakhstan’s GDP to reach $354.7 billion by 2028, the highest among regional countries except Russia. President Tokayev aims to double the national economy to $450 billion by 2029, relying on stable 6% annual economic growth and projects in the manufacturing industry.

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