Position of Kazakhstan in the rating of global competitiveness of world countries

The article reviews the rating of Kazakhstan in the global competitiveness of world countries in the year of 2016. 12 indicators were defined, according to which the position of every country in the world rating is defined. A young country like Kazakhstan after gaining the independence started to develop dynamically by attracting the foreign capital investments into the economy. By creating the investments climate Kazakhstan faced opening of additional work places, implementation of new projects, growth of macroeconomic indicators, as an example, the GDP per capita raised from 700 dollars to 6722 dollars (with the rate 341.43 KZT per dollar), socioeconomic indicators raised from year to year. As per the results of the investigation of WEF the position of Kazakhstan in the rating of the global competitiveness of the world countries in 2016-2017 belongs to the 53rd place. As compared with 2015-2016 the rating of the Kazakhstan was lowered to the 9thposition, and from 2014-2015 it fell to 3 positions. The actual meaning of indicators gives the chance to see the advantages and disadvantages of some macroeconomic indicators, and also the government gets the chance to get higher results, exactly by engaging more resources into the undeveloped industries.