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Kazakh GDP up 7.5% in 2011

© RIA Novosti . Aleksey Nikolskyi / Go to the mediabankKazakh Prime Minister Karim Masimov
Kazakh Prime Minister Karim Masimov - Sputnik International
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Kazakhstan’s gross domestic product increased 7.5 percent in 2011, Prime Minister Karim Masimov said on Monday.

Kazakhstan’s gross domestic product increased 7.5 percent in 2011, Prime Minister Karim Masimov said on Monday.

 

The government’s official forecast for 2011 is 7 percent.

 

President Nursultan Nazarbayev recently said GDP would grow 7.3 percent.

 

National Bank head Grigory Marchenko said in early December the growth would exceed 7 percent.

 

Masimov also said GDP per capita was about $11,300 in 2011.

 

In 1993, GDP per capita in Kazakhstan was $700.

 

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