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Kazakhstan issued $2.5 billion of 10- and 30-year bonds on 5 October 2014, in what was the nation's first dollar-denominated overseas sale since 2000. [92] Kazakhstan sold $1.5 billion of 10-year dollar bonds to yield 1.5 percentage points above midswaps and $1 billion of 30-year debt at two percentage points over midswaps. [92]
Kazakhstan's location on the world map. Kazakhstan joined the World Bank in 1992 after it had gained independence from the Soviet Union in 1991. Kazakhstan has one of the fastest growing economies in the world, and as a result had its classification changed from a lower-middle income state to an upper-middle income state in 2006. [1]
Rank Region GDP (mil. KZT) GDP (mil. US$) GDP per capita (KZT) GDP per capita (US$) 1 Almaty 19,154,537 41,485 8,985,600 19,461 2 Atyrau Region: 13,725,400
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
The government actively promotes foreign tourism since it is a major source of currency and investment. The political instability since January 2011 caused a reduction in tourism, [125] but the next year it was rising. [126] In Upper Egypt, tourists that "provided one of the most important sources of income besides farming has dried out". [127]
Kazakhstan has a population of 20 million and one of the lowest population densities in the world, with fewer than 6 people per square kilometre (16 people/sq mi). [13] Ethnic Kazakhs constitute a majority, while ethnic Russians form a significant minority. Officially secular, Kazakhstan is a Muslim-majority country with a sizeable Christian ...
The Nile River provides Egypt with some of the most fertile land in the Middle East. It produces food for consumption and export as well as cotton for domestic and foreign textile production. Egypt's other great resource is the Suez Canal. Roughly 7.5% of global sea trade transits the canal providing Egypt revenues in excess of $3 billion ...
A branch profit tax of 15% has to be paid on the net income after corporate income tax of permanent establishments of foreign legal entities operating in Kazakhstan. Income tax withheld at source of payment Income tax withheld at source of payment is levied on the income of non-residents from Kazakhstani sources.