Kazakhstan Economy

Compare Bank Deposit Rates in Kazakhstan

The Kazakh economy with a population of 17.7 Million (Est 2013) ranks 50th in the world with a GDP PPP of 246.9 billion and GDP PPP per capita of 14,391 vs 53,101 (United States) according to the IMF in 2013. Its currency is Kazakhstani Tenge (₸)(KZT). In the country fixed interest savings products are called 'Term Deposits' (Жедел депозиттер in the native language) and floating interest at call accounts are called 'savings accounts' (Жинақтаушы шоттар). Estimated inflation according to CIA.gov its inflation was 5.8% in 2013 and 5.1% in 2012.