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Intelrift Geoeconomic Index· Edition 1 · Q4 2026

Kazakhstan

42.3

Elevated · 40+Rank 37 of 192+2.5 against the previous edition · #42 → #37Asia · Central Asia · 5 of 5 sub-indices available
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Rank in its region15 / 47Asia
Rank in its income group11 / 59Upper-middle income
Comparable countriesOmanIGE 40.3 · distance 8.4Comparable countriesMongoliaIGE 43.2 · distance 8.5

Comparable countries

Nearest in the five-dimensional sub-index space (euclidean distance over shared dimensions).

What would move the score

  • Chokepoints±2.5 points
  • Sanctions±2.5 points
  • Commodity concentration±2.0 points
  • Institutional fragility±1.5 points
  • Sovereign stress±1.5 points

Change in the IGE if one sub-index moved by 10 points, with this country's effective weights.

Sub-indices against the regional and global mean

CountryRegional meanGlobal mean

Source: Intelrift, IGE. Simple means of covered countries.Data through 19 October 2026

History by edition

Hollow points are retrospectives: past years computed with the current method, without newsroom events and with the current snapshot of the sanctions lists.

Source: Intelrift, IGEData through 19 October 2026

Key factors

What drives the score

  • Landlocked (transit dependence): yes (2026), risk percentile 100.source
  • Import concentration (HHI): 0.67 (2025), risk percentile 100.source
  • Debt service to exports: 48.4 % (2024), risk percentile 100.source
  • Annual depreciation against the dollar: +11.1 % (2025), risk percentile 96.source

Each factor comes from a sourced, dated input; the percentile says where the country sits among those covered.

How it is calculated

Weights, coverage and provenance

Chokepoints32Effective 25 %
Sanctions38Effective 25 %
Commodity concentration56Effective 20 %
Institutional fragility40Effective 15 %
Sovereign stress52Effective 15 %

5 of 5 sub-indices available · ige-v1

Provenance hash

02a6323e024ee0e98f33eef4d0ffb31ea6a9aa0ea23083327f71185aae245212

SHA-256 of the canonical JSON of the inputs, their sources and periods, the winsorisation bounds and the weights. Same inputs, same hash.

Read the methodology

Sub-index inputs

Chokepoints · 31.9

How much of the country's GDP depends on six maritime passages (Hormuz, Suez, Malacca, Bab el-Mandeb, Panama, Bosphorus) staying open, plus its imported-energy dependence, logistics performance and whether it is landlocked.

Exposure to the main chokepoint (2025)8.6 % of GDP · percentile 12
Total chokepoint exposure (2025)10.8 % of GDP · percentile 4
Net energy import dependence (2024)0 % · percentile 0
Fuel share of imports (2025)4.4 % · percentile 7
Landlocked (transit dependence) (2026)yes · percentile 100
Logistics performance (LPI) (2022)2.7 · percentile 68

Sanctions · 37.5

Whether the jurisdiction is under a sanctions regime (and how intense), how many people and entities linked to the country appear on the OFAC, EU, UN and UK lists, how many on US export-control lists, and how much it trades with sanctioned partners.

Jurisdiction-level sanctions regimeno regime · percentile 0
Designations linked to the country (2026)26 · percentile 52
Designations under country programmes (2026)0 · percentile 0
Entities under US export controls (2026)12 · percentile 62
Exposure to sanctioned partners (2023)43.3 · percentile 74

Commodity concentration · 55.6

Concentration of exports and imports by product group (Herfindahl index), fuel and food share of imports, natural resource rents over GDP and terms-of-trade volatility.

Export concentration (HHI) (2025)0.37 · percentile 17
Import concentration (HHI) (2025)0.67 · percentile 100
Fuel and food share of imports (2025)15.5 % · percentile 3
Natural resource rents (2021)26.8 % of GDP · percentile 90
Terms-of-trade volatility (2024)22.9 % · percentile 69

Institutional fragility · 40.2

Rule of law, political stability, government effectiveness and control of corruption (WGI), the INFORM index, battle deaths, homicides and new conflict displacements per capita, and the quarter's political and security events recorded by Intelrift.

Rule of law (WGI) (2025)51.9 · percentile 62
Political stability and absence of violence (WGI) (2025)62 · percentile 48
Government effectiveness (WGI) (2025)54.5 · percentile 50
Control of corruption (WGI) (2025)42.8 · percentile 62
INFORM risk index (2026)2.6 · percentile 14
Battle-related deaths per 100,000 peopleinsufficient data
Intentional homicides per 100,000 people (2022)2.55 · percentile 7
New conflict displacements per 1,000 people (2025)0.01 · percentile 0
Political and security events (90 days) (2026)78.3 · percentile 79
Terror and narco incidents (90 days) (2026)insufficient data

Sovereign stress · 52.1

Reserves in months of imports, current account balance, inflation, depreciation against the dollar, external debt and its service, short-term debt over reserves, broad money over reserves, interest over revenue and Intelrift's daily country risk.

Reserves in months of imports (2025)7.4 months · percentile 50
Current account balance (2025)-4.1 % of GDP · percentile 56
Annual inflation (2025)11.4 % · percentile 42
Annual depreciation against the dollar (2025)+11.1 % · percentile 96
External debt to GNI (2024)62.6 % · percentile 48
Debt service to exports (2024)48.4 % · percentile 100
Short-term debt to reserves (2024)42.8 % · percentile 34
Broad money to reserves (2025)1.5× · percentile 4
Interest payments to revenue (2023)9 % · percentile 32
Intelrift daily country risk (2026)33 · percentile 60