This paper is an overview on dynamics of entrepreneurship development in Kazakhstan. Kazakhstan is
one of the successfully developing countries in the post-Soviet area. The overview of the economy,
government policy and its impact on economic growth and development of entrepreneurship in
Kazakhstan during twenty years of independence were observed. The data for analyses were used from
different sources: government statistics, Kazakhstan Entrepreneurship Development Fund (DAMU),
reports of Global Entrepreneurship Monitoring (GEM) and World Bank, International Monetary Fund,
World Factbook, Kazakhstani Policies and other sources. The study did not find a strong correlation
between Gross Domestic Product (GDP) rate and rate of entrepreneurship change; rate of GDP and rate
of production output produced by small businesses and entrepreneurship. However, there is an
opportunity for further research to investigate qualitative and quantitative factors, which influence the
entrepreneurship development in a country.