GDP of Kazakhstan shot up by 15.56% from 159.41 billion US dollars in 2017 to 184.21 billion US dollars in 2018. Since the 25.54% slump in 2016, GDP soared by 34.18% in 2018.
The description is composed by our digital data assistant.GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates.