Markets Actual Q2 Q3 Q4 Q1 2020
Currency 379.00 383 386 388 391 396
Stock Market (points) 2265.00 2311 2290 2268 2247 2205
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) 3.80 3.2 3.6 3.4 3.6 3.3
Unemployment Rate (%) 4.80 4.7 4.9 5 5 4.7
Inflation Rate (%) 4.90 5.1 5.2 5.3 5.1 4.9
Interest Rate (%) 9.00 9 9.5 9.75 9.75 9.75
Balance of Trade (USD Million) 844.27 2700 2500 3094 3094 3380
Current Account (USD Million) 834.80 -320 200 1250 -280 1140
Current Account to GDP (%) 0.50 -0.6 -0.6 -0.6 -1.3 -1.3
Government Debt to GDP (%) 21.90 20 20 20 18 18
Government Budget (% of GDP) -1.40 -1.7 -1.7 -1.7 -1.5 -1.5
Business Confidence (Index Points) 6.00 13 11 8 8 10
Consumer Confidence (Index Points) 79.00 81 83 85 85 87
Retail Sales Mom (%) 1.70 1.5 1.8 1.65 1.65 2.9
Corporate Tax Rate (%) 20.00 20 20 20 20 20
Personal Income Tax Rate (%) 10.00 10 10 10 10 10
GDP Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) 3.80 3.2 3.6 3.4 3.6 3.3
GDP (USD Billion) 159.41 205 205 205 220 220
GDP Constant Prices (KZT Billion) 13155.37 24639 40592 60784 13629 62790
Gross Fixed Capital Formation (KZT Billion) 12755.00 4362 7821 13189 13214 13624
GDP per capita (USD) 10857.38 10935 10935 10935 11047 11047
GDP per capita PPP (USD) 24055.59 24483 24483 24483 24563 24563
Gross National Product (KZT Million) 51966817.40 52798286 52902220 53733689 53837623 55506901
GDP From Agriculture (KZT Million) 2455882.10 615761 1688821 2539382 2544294 2623182
GDP From Construction (KZT Million) 3176597.00 1161436 2160702 3284601 3290954 3392993
GDP From Manufacturing (KZT Million) 6834679.40 3040258 4783332 7067058 7080728 7300271
GDP From Mining (KZT Million) 8909458.60 4256868 6451540 9212380 9230199 9516389
GDP From Public Administration (KZT Million) 888538.50 430473 673485 918749 920526 949068
GDP From Services ( KZT Million) 32023586.20 13731303 21522472 33112388 33176435 34205097
GDP From Transport (KZT Million) 4871974.20 2013624 3111905 5037621 5047365 5203863
GDP From Utilities (KZT Million) 1108182.10 561152 816606 1145860 1148077 1183674
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 4.80 4.7 4.9 5 5 4.7
Unemployed Persons (Thousand ) 442.50 436 436 436 436 434
Long Term Unemployment Rate (%) 2.20 2.1 2.2 2.2 2.2 1.9
Wages (KZT/Month) 170087.00 159750 163000 168000 168000 174000
Minimum Wages (KZT/Monthly) 42500.00 42500 42500 42500 44000 44000
Population (Million) 17.92 18.8 18.8 18.17 18.42 18.42
Living Wage Family (KZT/Month) 128600.00 118000 118000 118000 118000 120000
Living Wage Individual (KZT/Month) 85600.00 86500 86500 86500 86500 87000
Wages High Skilled (KZT/Month) 137400.00 152000 152000 152000 152000 156100
Wages In Manufacturing (KZT/Month) 189242.00 199100 187500 188800 188800 200000
Wages Low Skilled (KZT/Month) 73200.00 73500 73500 73500 73500 73700
Youth Unemployment Rate (%) 3.60 4.3 4.2 4.3 4.3 4.1
Retirement Age Men 63.00 63 63 63 63 63
Retirement Age Women 58.00 58 58 58 58 58
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 4.90 5.1 5.2 5.3 5.1 4.9
Consumer Price Index CPI (Index Points) 765.40 770 775 791 800 830
Core Inflation Rate (%) 5.82 6.6 6.2 5.9 5.9 5.3
Producer Prices (Index Points) 1162.20 1222 1276 1248 1259 1329
Inflation Rate Mom (%) 0.50 0.4 0.2 0.7 0.7 0.5
Food Inflation (%) 6.90 3.5 3.2 2.9 2.9 2.7
CPI Transportation (Index Points) 101.90 115 113 110 107 116
Producer Prices Change (%) 12.50 12 10.5 10 9.5 6.5
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 9.00 9 9.5 9.75 9.75 9.75
Interbank Rate (%) 10.00 10.25 10.75 11 11 11
Money Supply M2 (KZT Million) 14587125.00 15931000 16215000 16496000 16496000 17599000
Foreign Exchange Reserves (USD Million) 27089.00 31360 31470 32400 32400 35100
Banks Balance Sheet (KZT Thousand) 24551829877.00 22900000000 24100000000 25200000000 25200000000 24700000000
Central Bank Balance Sheet (KZT Million) 7806307.00 6770000 6850000 7000000 7000000 8080000
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (USD Million) 844.27 2700 2500 3094 3094 3380
Current Account (USD Million) 834.80 -320 200 1250 -280 1140
Current Account to GDP (%) 0.50 -0.6 -0.6 -0.6 -1.3 -1.3
Imports (USD Million) 2581.90 2820 2950 2720 2940 2850
Exports (USD Million) 3426.20 5510 5470 6250 5240 6380
External Debt (USD Million) 158787.00 167400 168000 168550 168550 165774
Gold Reserves (Tonnes) 353.30 333 340 343 343 349
Crude Oil Production (BBL/D/1K) 1945.00 1825 1837 1859 1859 1870
Foreign Direct Investment (USD Million) 6701.28 5864 5858 6100 6100 4300
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 21.90 20 20 20 18 18
Government Budget (% of GDP) -1.40 -1.7 -1.7 -1.7 -1.5 -1.5
Government Spending (KZT Million) 5164531.90 2403923 3697819 5340126 5350455 5516350
Government Debt (USD Thousand) 16585400.00 19890000 19100000 19090000 19090000 19120000
Taxes Actual Q2 Q3 Q4 Q1 2020
Corporate Tax Rate (%) 20.00 20 20 20 20 20
Personal Income Tax Rate (%) 10.00 10 10 10 10 10
Sales Tax Rate (%) 12.00 12 12 12 12 12
Social Security Rate (%) 11.00 11 11 11 11 11
Social Security Rate For Companies (%) 11.00 11 11 11 11 11
Business Actual Q2 Q3 Q4 Q1 2020
Business Confidence (Index Points) 6.00 13 11 8 8 10
Industrial Production (%) 1.90 4.5 4.26 6.2 6.2 5.7
Industrial Production Mom (%) -4.40 -1.8 -2.6 0.2 0.2 0.6
Manufacturing Production (%) 9.30 2.5 4.7 5.1 5.1 4.5
Changes in Inventories (KZT Million) 1440659.00 1185000 2220000 2620000 2620000 2700000
Leading Economic Index (%) 4.10 3.9 4 4.2 4.2 6.5
Car Registrations 3693323.00 3775000 3760000 3750000 3750000 3745000
Copper Production (Tonnes) 35374.00 32140 31150 30900 30900 32200
Mining Production (%) -4.20 3.5 4.8 5.1 5.1 3.8
Steel Production (Thousand Tonnes) 360.00 407 426 439 439 450
Consumer Actual Q2 Q3 Q4 Q1 2020
Consumer Confidence (Index Points) 79.00 81 83 85 85 87
Retail Sales Mom (%) 1.70 1.5 1.8 1.65 1.65 2.9
Retail Sales Yoy (%) 6.60 4.1 6.2 6.8 6.8 6
Consumer Spending (KZT Million) 29017865.40 12399896 19721870 30004473 30062509 30994620
Consumer Credit (KZT Million) 5537192.00 4911158 5187817 5482909 5632008 5663845
Gasoline Prices (USD/Liter) 0.47 0.46 0.45 0.44 0.43 0.43
Housing Actual Q2 Q3 Q4 Q1 2020
Housing Index (Index Points) 103.10 104 104 105 105 106
Construction Output (%) 15.60 5.4 -0.8 1.3 1.3 10.1


This page has economic forecasts for Kazakhstan including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Kazakhstan economy.