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

Kazakhstan  
Rank: 54 · Score: 54.1  

Basic facts, 2020        
Population (millions) 18.6   IPOs and pulic issues (quartile) 3rd
GDP (US$ billions) 169.8   M&A volume (quartile) 2nd
GDP per capita (US$) 9,115.4   Venture capital investments (quartile) Bottom
GDP growth (per cent) -2.4   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VCPE Country Attractiveness Index 54 63, 66, 67, 73, 71 54.1
1 Economic Activity 41 81, 74, 84, 82, 84 79.2
2 Depth of Capital Market 55 64, 65, 61, 69, 70 53.5
3 Taxation 76 60, 59, 56, 50, 49 88.8
4 Investor Protection and Corporate Governance 36 77, 81, 84, 89, 89 80.3
5 Human and Social Environment 76 27, 28, 30, 39, 49 28.7
6 Entrepreneurial Opportunities 68 53, 62, 60, 58, 57 45.7


 
Historic performance, 2017-2021   Key driver performance, 2021

   

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
Indonesia 89.2 76.3 76.1 54.7 28.4 47.7
Vietnam 85.2 71.9 96.3 51.2 27.3 50.4
Philippines 84.5 70.7 96.0 49.3 29.3 42.2
Kazakhstan 79.2 53.5 88.8 80.3 28.7 45.7
Pakistan 73.0 57.7 64.1 59.9 29.8 44.7
Sri Lanka 72.8 50.8 77.9 60.1 24.5 41.3
Bangladesh 85.2 42.5 79.4 34.8 21.5 39.1
Last updated: 21 Jun 2021