Australia's GDP top increase over 5 years below Kazakhstan’s minimum economic growth for the same period

ASTANA. March 15. KAZINFORM - Maximum increase of Australia's GDP over the last five years has been below the minimum economic growth of Kazakhstan for the same period.

This is according to the information on the website www.finmarket.ru .

According to the Bureau of Statistics of the country, Australia's GDP in 2012 grew by 3.6 percent. Last year's growth in the Australian economy was the highest in five years. A significant rise was last identified in 2007, when the economy grew by 4.7 percent.

For comparison, the GDP growth in Kazakhstan in 2007 amounted to 8.5 percent, and in 2012, despite the economic slowdown in the wake of the global financial crisis was 5 percent. From 1999 to 2007, GDP growth in Kazakhstan amounted to an average of 10 percent a year.