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Kazakhstan is located in Central Asia, with a small portion in Eastern Europe. [1] With an area of about 2,724,900 square kilometers (1,052,100 sq mi) Kazakhstan is more than twice the combined size of the other four Central Asian states and 60% larger than Alaska .
Kazakhstan, [d] officially the Republic of Kazakhstan, [e] is a landlocked country primarily in Central Asia, with a small portion of its territory in Eastern Europe. [f] It borders Russia to the north and west, China to the east, Kyrgyzstan to the southeast, Uzbekistan to the south, and Turkmenistan to the southwest, with a coastline along the Caspian Sea.
Kazakhstan has the 62nd largest population in the world, with a population density of less than 6 people per square kilometre (15 per sq. mi.). Kazakhstan declared itself an independent country on December 16, 1991, the last Soviet republic to do so. Its communist-era leader, Nursultan Nazarbayev, became the country's new president.
Official estimates put the population of Kazakhstan at 20,182,003 as of August 2024, of which 62.7% is urban and 37.3% is rural population. [13] In a report released by the United Nations Department of Economic and Social Affairs (DESA) in September 2021, the level of urbanization in Kazakhstan is estimated to reach 69.1% by 2050.
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According to the World Economic Forum's Travel and Tourism Competitiveness Report 2017, travel and tourism industry GDP in Kazakhstan is $3.08 billion or 1.6 percent of total GDP. The WEF ranks Kazakhstan 81st in its 2017 report, which is four positions higher compared to the previous period. [3] Kazakhstan received 6.5 million tourists in 2016.
China invested US$19.2 billion in Kazakhstan between 2005-2020, according to its embassy in the country, with some 56 China-backed projects worth nearly US$24.5 billion due for completion by 2023.
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]