Undoubtedly, Kazakhstan is a leading country in the Central Asian region. Its territory is almost twice the size of other countries in the region. However, this is primarily due to the economic potential of Kazakhstan. It has the second largest economy in the post-Soviet space and the largest in the Central Asian region. Aggregate GDP of the Central Asian region in 2020 290 billion If it’s the US dollar, its 58,62 % fell to Kazakhstan. It is the ratio of GDP per capita (10 min 694 USD) is the second largest in the CIS after Russia.
The main sectors of the economy are oil and gas and other minerals. This is due to its rich natural resources. Thus, Kazakhstan’s oil reserves (4.4 billion tons) among the countries of the world 11-ci on the ground, natural gas reserves (3.8 trillion cubic meters) according to 22-ci settled on the ground. Kazakhstan is the world’s largest uranium producer. In 2020, the country will be made of that radioactive metal 19,8 min tons of global reserves 41 is about%. In general, its uranium reserves 907 min tons (of world reserves 15 %) is estimated at. Uranium production during the period of independence 20 increased more than once.
In Kazakhstan, economic modernization and quantitative growth have been key priorities. The end 30 oil production in 3,3 times, while gas production 6,4 times increased. GDP during the period of independence 17 times, the volume of GDP per capita 13 times increased. Trade turnover in 1991 1,5 billion From the US dollar in 2020 86.5 billion Exports, including US dollars 47.5 billion Reached the US dollar. Number of small and medium enterprises in the last 20 years 5,5 times increased. The share of Kazakhstanis with incomes below the subsistence level in 1995 34,6 % according to the results of 2020 5,3 decreased to%. The unemployment rate fell to 4.9%. Life expectancy of the population 73,3 reached with.
Over the past period, systematic work has been done to ensure economic security and, as a result, political independence. It is no coincidence that despite its proximity to two superpowers such as China and Russia, its exports 50 More than% of the EU countries and the United Kingdom. Of the world 120from more than one country to date 365 billion More than US dollars of direct investment was attracted. The largest (84 % total share) foreign investors are the United States, the European Union and the United Kingdom. With foreign capital in the country 21 more than a thousand companies work.
The country’s international reserves 90.5 billion It is in the range of USD. This allows him to create a reliable airbag for crisis times. So as to minimize its effects during the coronavirus pandemic, which has swept the world 10 billion In US dollars (GDP) 6-7 % -i) anti-crisis package formed. For comparison, this figure is in Uzbekistan, the second most stable economy in the region 950 million was the euro.