Kazakhstan on track for $23,000 GDP per capita by 2031 — IMF

This forecast is set out in the International Monetary Fund’s April outlook.

The Fund’s data shows that Kazakhstan’s GDP per capita is projected to reach $17,500 in 2026. At this level, the country sits between the Seychelles ($17,670) and Serbia ($17,250).

Among the countries in the region, Russia ranks 69th with $18,530, China 78th with $14,870, Uzbekistan 131st with $4,660, and Kyrgyzstan 142nd with $3,200.

The IMF forecasts that by 2031, Kazakhstan’s GDP per capita will rise to $23,170. In the global ranking, the country could place between Oman ($23,310) and Türkiye ( $22,950).

Meanwhile, Uzbekistan is expected to rise to 121st place with $7,060, China will improve its position to 74th place with $19,880, Kyrgyzstan will stay in 142nd place with $3,970, and Russia may drop to 78th place with $18,480.

Liechtenstein remains the leader in the global ranking, with a current GDP per capita of $226,810. This is nearly 13 times higher than Kazakhstan’s level. The lowest figure is recorded in Yemen — $383.75 per person.

According to the Fund’s estimates, by 2031 Liechtenstein will retain first place with $259,930, while Yemen will remain in last place with $313.75.

The IMF forecasts that in five years, GDP per capita in Kazakhstan can jump by 32.4%. In terms of growth rates, the country ranks 43rd in the world. In absolute terms, the increase will amount to $5,670 per person, which corresponds to 59th place among the world’s nations.

Earlier, Qazinform News Agency reported that IMF is set to open Regional Capacity Development Center in Almaty.