BAKU, Azerbaijan, July 3. Analysts of the Dutch ING (Internationale Nederlanden Groep) have forecasted growth of Kazakhstan’s GDP by 4.7 percent in 2023, Trend reports via the company.
Besides, the ING expects the country's economic growth at 4 percent from 2024 through 2025.
Thus, according to ING's forecast, from 2023 through 2025, the average annual growth of the Kazakh economy will be 4.2 percent.
Kazakhstan's GDP amounted to $220.5 billion in 2022, which was a year-on-year growth of 3.2 percent.
Meanwhile, the country's GDP per capita stood at $11,494.
The ING Group is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale banking, private banking, asset management, and insurance services.