Reusable context

Kazakhstan's Economy Is Not Only Oil

MISLEADING: Kazakhstan runs on oil and nothing else

Myth examined

“Kazakhstan runs on oil and nothing else”

Misleading. Hydrocarbons are Kazakhstan's largest export sector and a major state-revenue source, but the economy also includes substantial mining, agriculture, manufacturing, banking, telecommunications and transport sectors. The World Bank classifies Kazakhstan as an upper-middle income country.

9 visible sources · Last reviewed 20 Jul 2026 · Public beta · independent review pending

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