Tokayev says Kazakhstan's GDP per capita tops $15,000 as economy grows

Kazakhstan President Kassym-Jomart Tokayev outlined the country's economic growth and improvements in citizens' welfare. He said the economy has grown by about 30 percent since 2019, and GDP per capita has exceeded $15,000. Under the National Fund for Children project, $2.5 billion was transferred to the accounts of 7 million children.

Last year, more than 20 million square metres of housing were commissioned, which Tokayev described as an unprecedented figure. Average life expectancy has approached 76 years. Citing World Bank data, he said Kazakhstan leads the region on this indicator.

Tokayev also said the country has entered the list of the world's most influential countries, ranking 34th. Gross domestic product is approaching $350 billion, placing Kazakhstan second in the Commonwealth of Independent States (CIS). The share of small and medium-sized businesses in GDP has risen to 40 percent, and nearly half of the country's working-age citizens are employed in this sector.