Future Plans. Kazakhstan's economic growth is largely based on gas and oil revenues (35% of GDP and 75% of exports).

GDP is seen contracting notably this year as stringent lockdown measures, low oil prices and a slow global recovery hammer the outlook. Volume of trade operations between Azerbaijan, Moldova triples Business 11:02. Kazakhstan economic growth for 2017 was $166.81B, a 21.51% increase from 2016. Kazakhstan's GDP grew 4.1% in real terms during the period from January to September 2014. This was the weakest GDP growth since the fourth quarter 2016. Kazakhstan GDP Last Previous Highest Lowest Unit GDP Annual Growth Rate -1.80 … Kazakhstan's GDP grew 2.7 percent year-on-year in the first quarter of 2020, after a 4.5 percent expansion in the previous quarter.

Downside risks linger especially from another long lockdown and low oil prices. Kazakhstan’s real gross domestic product (GDP) growth is projected at 4.0% for 2019, before easing to 3.7% in 2020, according to the World Bank’s latest Kazakhstan Economic Update.
IMF downgrades Kazakhstan's GDP growth forecast for 2020 Business 11:03. This was the weakest GDP growth since the fourth quarter 2016.
The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. NUR-SULTAN, KAZAKHSTAN (3 April 2020) — Despite the COVID-19 outbreak, in 2020 Kazakhstan’s economic growth is forecast to remain positive thanks to government support measures and is expected to rebound in 2021, reflecting stronger oil revenues and an expansionary fiscal policy, says a new Asian Development Bank (ADB) report.

With a growing middle class and economic growth poised to reach 4 percent in 2019, Kazakhstan provides trade and investment prospects for U.S. firms seeking new opportunities in one of the most dynamic of the emerging markets. … Kazakhstan Economic Growth Kazakhstan’s prospects deteriorated once again this month. Gross domestic product (GDP) growth rate in Kazakhstan 2021 Kazakhstan: Share in global GDP adjusted for PPP 2024 Share of economic sectors in the GDP in Kazakhstan 2018

The country has experienced a contracting GDP and budgetary deficits on account of the problem. Kazakhstan economic growth for 2015 was $184.39B, a 16.72% decline from 2014. The heavy reliance by the country on the revenue from oil and oil products has at times negatively impacted its economic growth. Kazakhstan economic growth for 2018 was $179.34B, a 7.51% increase from 2017.