ASTANA. Dec 28 (Interfax) - The economic growth of Kazakhstan in 2023 is expected to be about 5%, Prime Minister Alikhan Smailov said."Despite the unfavorable factors prevailing on the global market, this year the country's economy is growing steadily. At the end of last year, GDP growth...
1991$1,442-8.1% 1990$1,570 Evolution: GDP growth rate at constant prices Kazakhstan Your browser does not support charts× Evolution: GDP per capita Kazakhstan Your browser does not support charts× GDP Kazakhstan Your browser does not support charts×...
ASTANA. Aug 29 (Interfax) - The National Bank of Kazakhstan has confirmed its May GDP growth forecast for 2024 at 3.5%-4.5%, while slightly increasing the outlook for 2025 to 5%-6%. "The growth forecast for 2025 has been slightly increased to 5%-6%, while the 2026 forecast remains at 4...
GDP Per Capita, PPP $39,332 GDP $261 billion Population 19,900,177 Area 2,724,900 SQ.KM Kazakhstan, the world's largest landlocked country, is located mostly in Central Asia, with a small section in easternmost Europe. The country has the largest economy in the region, fueled mostly by...
ADB economic publication projects Kazakhstan’s gross domestic product (GDP) growth to be 3.7 percent in 2023 and 4.1 percent in 2024, up from 3.2 percent last year as oil production grows at major oil fields. “Projected price rises for the main export commodities are exp...
The law states that a budget deficit would amount to 4.1 trillion tenge ($7.8 billion), or 2.7% of GDP. Without oil revenues, this deficit would grow to 10.99 trillion tenge ($21 billion), or 7.3% of GDP. Experts are concerned about the rising non-oil deficit and its potential risks....
Currency: Kazakhstani Tenge (KZT) Economic summary:GDP/PPP $190.8 billion (2021); $10,041 (2021).Real growth rate:4%.Inflation:16% (2022 average).Unemployment:4.9%.Arable land:10.9%.Agriculture:grain (mostly spring wheat), cotton; livestock.Labor force:9.247 million; industry 20.98%, agricul...
As the most advanced economy in Central Asia, oil‑rich Kazakhstan leads the region in terms of GDP and purchasing power, while also acting as a key business and logistic hub linking mainland China and Europe. The hydrocarbon sector will continue to drive the economic growth of Kazakhstan and...
Nominal GDP Growth (%)15.632Dec 2023quarterlyMar 1995 - Dec 2023 Private Consumption Expenditure (USD mn)34,441.201Sep 2024quarterlyMar 2007 - Sep 2024 Private Consumption: % of GDP (%)46.5Sep 2022quarterlyMar 1994 - Sep 2022 Public Consumption Expenditure (USD mn)7,191.741Sep 2024quarterlyMar...
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