Kazakhstan Among Global Leaders in Investment Activity, World Bank Data Shows
Kazakhstan has ranked among the world’s higher-performing countries for investment activity, according to data from the World Bank, as the government seeks to sustain long-term economic growth through increased capital investment.
Speaking during a government hour session in the Senate, Kazakhstan’s Vice Minister of National Economy Arman Kassenov said the country outperforms a majority of global economies on several key investment indicators tracked by the World Bank.
According to Kassenov, the World Bank estimates Kazakhstan’s gross capital formation as a share of GDP at 27%, placing the country ahead of approximately 75% of countries worldwide.
“With this figure, we outperform 75 percent of countries globally,” Kassenov said. “Another indicator — the ratio of gross fixed capita...
