Markets Actual Q3 Q4 Q1 Q2 2020
Currency 383.21 383 385 388 390 395
Stock Market (points) 2293.87 2267 2245 2224 2202 2160
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 3.80 3.6 3.4 3.6 3.5 3.3
Unemployment Rate (%) 4.80 4.9 5 5 5 4.7
Inflation Rate (%) 5.40 5.2 5.3 5.1 5.2 4.9
Interest Rate (%) 9.00 9 9.5 9.5 9.5 9
Balance of Trade (USD Million) 2075.20 2500 3094 3094 3094 3380
Current Account (USD Million) 834.80 200 1250 -280 -460 1140
Current Account to GDP (%) 0.50 -0.6 -0.6 -1.3 -1.3 -1.3
Government Debt to GDP (%) 21.90 20 20 18 18 18
Government Budget (% of GDP) -1.40 -1.7 -1.7 -1.5 -1.5 -1.5
Business Confidence (Index Points) 9.00 11 8 8 8 10
Consumer Confidence (Index Points) 79.00 83 85 85 85 87
Retail Sales Mom (%) 7.90 1.8 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 Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 3.80 3.6 3.4 3.6 3.5 3.3
GDP (USD Billion) 170.54 168 168 177 177 177
GDP Constant Prices (KZT Billion) 13155.37 41389 60784 60902 13629 63094
Gross Fixed Capital Formation (KZT Billion) 2376.00 7975 7944 7960 13214 8246
GDP per capita (USD) 11165.50 10935 10935 11047 11047 11047
GDP per capita PPP (USD) 24738.40 24483 24483 24563 24563 24563
Gross National Product (KZT Million) 51966817.40 53941556 53733689 53837623 53837623 55775569
GDP From Agriculture (KZT Million) 2455882.10 1722956 1716316 1719636 2544294 1781536
GDP From Construction (KZT Million) 3176597.00 2213953 2205422 2209688 3290954 2289228
GDP From Manufacturing (KZT Million) 6834679.40 4829560 4810949 4820254 7080728 4993765
GDP From Mining (KZT Million) 8909458.60 6491799 6466782 6479291 9230199 6712520
GDP From Public Administration (KZT Million) 888538.50 911219 907707 909463 920526 942200
GDP From Services ( KZT Million) 32023586.20 22174225 22088775 22131500 33176435 22928148
GDP From Transport (KZT Million) 4871974.20 3128389 3116334 3122362 5047365 3234755
GDP From Utilities (KZT Million) 1108182.10 837302 834076 835689 1148077 865770
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 4.80 4.9 5 5 5 4.7
Unemployed Persons (Thousand ) 442.10 436 436 436 436 434
Long Term Unemployment Rate (%) 2.20 2.2 2.2 2.2 2.2 1.9
Wages (KZT/Month) 173499.00 163000 168000 168000 168000 174000
Minimum Wages (KZT/Monthly) 42500.00 42500 42500 44000 44000 44000
Population (Million) 18.16 18.8 18.17 18.42 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 187500 188800 188800 188800 200000
Wages Low Skilled (KZT/Month) 73200.00 73500 73500 73500 73500 73700
Youth Unemployment Rate (%) 3.60 4.2 4.3 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 Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 5.40 5.2 5.3 5.1 5.2 4.9
Consumer Price Index CPI (Index Points) 771.40 775 793 794 800 830
Core Inflation Rate (%) 6.16 6.2 5.9 5.9 5.9 5.3
Producer Prices (Index Points) 1180.29 1395 1352 1337 1259 1451
Inflation Rate Mom (%) 0.20 0.2 0.7 0.7 0.7 0.5
Food Inflation (%) 8.10 3.2 2.9 2.9 2.9 2.7
CPI Transportation (Index Points) 101.90 113 110 107 107 116
Producer Prices Change (%) 8.20 10.5 10 9.5 9 6.5
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 9.00 9 9.5 9.5 9.5 9
Interbank Rate (%) 10.00 10 10.5 10.5 10.5 10
Money Supply M2 (KZT Million) 15132426.00 16215000 16496000 16496000 16496000 17599000
Foreign Exchange Reserves (USD Million) 28185.00 31470 32400 32400 32400 35100
Banks Balance Sheet (KZT Thousand) 24551829877.00 24100000000 25200000000 25200000000 25200000000 24700000000
Central Bank Balance Sheet (KZT Million) 7806307.00 6850000 7000000 7000000 7000000 8080000
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (USD Million) 2075.20 2500 3094 3094 3094 3380
Current Account (USD Million) 834.80 200 1250 -280 -460 1140
Current Account to GDP (%) 0.50 -0.6 -0.6 -1.3 -1.3 -1.3
Imports (USD Million) 3122.00 2950 2720 2940 2980 2850
Exports (USD Million) 5189.50 5470 6250 5240 5680 6380
External Debt (USD Million) 157648.00 168000 168550 164186 164503 165774
Gold Reserves (Tonnes) 353.30 340 343 343 343 349
Crude Oil Production (BBL/D/1K) 1878.00 1837 1859 1859 1859 1870
Foreign Direct Investment (USD Million) 5964.13 5858 6100 6100 6100 4300
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 21.90 20 20 18 18 18
Government Budget (% of GDP) -1.40 -1.7 -1.7 -1.5 -1.5 -1.5
Government Spending (KZT Million) 1140647.30 3770468 3755938 3763203 5350455 3898664
Government Debt (USD Thousand) 16585400.00 19100000 19090000 19090000 19090000 19120000
Taxes Actual Q3 Q4 Q1 Q2 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 Q3 Q4 Q1 Q2 2020
Business Confidence (Index Points) 9.00 11 8 8 8 10
Industrial Production (%) 5.90 4.5 6.2 6.2 6.2 5.7
Industrial Production Mom (%) 3.80 -2.6 0.2 0.2 0.2 0.6
Manufacturing Production (%) 3.80 4.7 5.1 5.1 5.1 4.5
Changes in Inventories (KZT Million) 424624.00 2220000 2620000 2620000 2620000 2700000
Leading Economic Index (%) 7.20 4 4.2 4.2 4.2 6.5
Car Registrations 3942146.00 3760000 3750000 3750000 3750000 3745000
Copper Production (Tonnes) 38686.00 31150 30900 30900 30900 32200
Mining Production (%) -6.70 4.8 5.1 5.1 5.1 3.8
Steel Production (Thousand Tonnes) 395.00 426 439 439 439 450
Consumer Actual Q3 Q4 Q1 Q2 2020
Consumer Confidence (Index Points) 79.00 83 85 85 85 87
Retail Sales Mom (%) 7.90 1.8 1.8 1.65 1.65 2.9
Retail Sales Yoy (%) 7.30 6.2 6.8 6.8 6.8 6
Consumer Spending (KZT Million) 6396442.70 20109333 20031840 20070587 30062509 20793050
Consumer Credit (KZT Million) 5659278.00 5289738 5482909 5549546 5632008 5691260
Gasoline Prices (USD/Liter) 0.46 0.45 0.44 0.43 0.41 0.43
Housing Actual Q3 Q4 Q1 Q2 2020
Housing Index (Index Points) 103.40 104 105 105 105 106
Construction Output (%) 15.60 -0.8 1.3 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.