Kazakhstan is an upper-middle-income country with per capita GDP of nearly US$13,000 in 2013. The real GDP growth slowed from 6% in 2013 to 3.9% during the first half of 2014, due to internal capacity constraints in the oil industry, less favorable terms of trade, and an economic slowdown in Russia.
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October 26, 2015 — With a modest recovery in the west and a sharp slowdown in the east of the region, growth prospects for Europe and Central Asia vary widely across countries. See our latest Regional Economic Update.
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