The Gross Domestic Product (GDP) in Kazakhstan expanded 1.26 percent in the fourth quarter of 2013 over the previous quarter. source: Agency of Statistics of the Republic of Kazakhstan

GDP Growth Rate in Kazakhstan averaged 1.35 percent from 1994 until 2013, reaching an all time high of 7.00 percent in the first quarter of 1999 and a record low of -8.90 percent in the third quarter of 1998. This page provides - Kazakhstan GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan GDP Growth Rate - values, historical data and charts - was last updated on November of 2020.

GDP Growth Rate in Kazakhstan is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Kazakhstan to stand at 0.80 in 12 months time. In the long-term, the Kazakhstan GDP Growth Rate is projected to trend around 0.80 percent in 2021, according to our econometric models.

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Kazakhstan GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.26 2.43 7.00 -8.90 1994 - 2013 percent Quarterly

Kazakhstan GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -1.80 2.70 14.10 -9.20 percent [+]
GDP 180.16 179.34 236.63 16.87 USD Billion [+]
GDP Constant Prices 44821.56 27737.11 68639.48 21.00 KZT Billion [+]
Gross Fixed Capital Formation 5887.00 2654.00 156524.50 385.00 KZT Billion [+]
GDP per capita 11518.40 11165.50 11518.40 3738.50 USD [+]
GDP per capita PPP 26351.40 25544.30 26351.40 8552.80 USD [+]
Gross National Product 59613707.50 53101281.80 59613707.50 25081.80 KZT Million [+]
GDP From Agriculture 466856.20 336754.60 6789118.00 49779.30 KZT Million [+]
GDP From Construction 939167.10 602371.20 3778403.20 117510.50 KZT Million [+]
GDP From Manufacturing 5164537.70 3318029.40 7057977.60 329332.40 KZT Million [+]
GDP From Mining 6944960.40 4783751.80 9035308.70 441079.40 KZT Million [+]
GDP From Public Administration 329158.30 287151.10 1360381.00 55919.70 KZT Million [+]
GDP From Services 23425450.70 15006504.90 32497182.70 1488000.70 KZT Million [+]
GDP From Transport 906892.10 1188676.20 4873482.10 255520.30 KZT Million [+]
GDP From Utilities 708187.00 468375.00 1110129.70 66874.90 KZT Million [+]


Kazakhstan GDP Growth Rate
Kazakhstan is the largest economy in Central Asia and holds vast reserves of oil and other mining products. Shipments of petroleum, ferrous metals, copper, aluminum, zinc and uranium have been the engine of economic growth, accounting for more than 90 percent of total exports and for around 40 percent of GDP. Nevertheless, in recent years, Kazakhstan has been diversifying its industrial base towards new sectors such as transport, pharmaceutical, telecommunications, petrochemicals and food processing.