The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Kazakhstan  
Rank: 49 · Score: 59.4  

Basic facts, 2015        
Population (millions) 17.4   IPOs and pulic issues (quartile) Bottom
GDP (US$ billions) 191.8   M&A volume (quartile) 3rd
GDP per capita (US$) 11,013.8   Venture capital investments (quartile) Bottom
GDP growth (per cent) 0.9   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VCPE Country Attractiveness Index 49 61, 66, 73, 75, 76 59.4
1 Economic Activity 52 112, 98, 106, 106, 73 86.4
2 Depth of Capital Market 58 65, 65, 67, 70, 67 48.6
3 Taxation 67 54, 65, 64, 60, 58 95.5
4 Investor Protection and Corporate Governance 45 49, 64, 72, 72, 80 68.3
5 Human and Social Environment 67 36, 45, 43, 52, 58 45.6
6 Entrepreneurial Opportunities 41 59, 65, 77, 79, 84 61.7


 
Historic performance, 2012-2016   Key driver performance, 2016

   

VCPE Rank  
VC Rank  
PE Rank
Kazakhstan  
Asia
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Envorinment
Entrepreneurial Culture
and Deal Opportunites
Russian Federation 81.7 73.3 97.8 53.5 30.9 69.7
Philippines 93.4 72.1 84.2 52.7 54.2 48.8
Vietnam 98.2 65.5 86.0 45.9 41.9 51.5
Kazakhstan 86.4 48.6 95.5 68.3 45.6 61.7
Sri Lanka 93.1 59.5 71.8 62.7 45.0 39.5
Mongolia 78.9 36.0 71.7 59.7 47.0 48.4
Armenia 63.5 30.9 107.3 60.1 44.4 54.4
Last updated: 8 August 2016