The economy of Kazakhstan shrank 5.8 percent year-on-year in January of 2021, after rising 0.7 percent in the previous period. It was the sharpest decline in economic activity since last July, amid tighter coronavirus restrictions. Output fell primarily in industrial activities (-4.1 percent); transportation & storage (-17.4 percent); retail trade (-4.6 percent) and wholesale trade (-7.3 percent). The Kazakh government expects the economy to grow by 3 percent in 2021. source: Agency of Statistics of the Republic of Kazakhstan

Leading Economic Index in Kazakhstan averaged 3.11 percent from 2008 until 2021, reaching an all time high of 15.40 percent in December of 2009 and a record low of -11.70 percent in July of 2020. This page provides - Kazakhstan Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Short-Term Economic Indicator - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Leading Economic Index 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 Leading Economic Index in Kazakhstan to stand at 5.00 in 12 months time. In the long-term, the Kazakhstan Short-Term Economic Indicator is projected to trend around 5.00 percent in 2022, according to our econometric models.

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Kazakhstan Short-Term Economic Indicator

Actual Previous Highest Lowest Dates Unit Frequency
-5.80 0.70 15.40 -11.70 2008 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-19 09:30 AM Oct -5.1% -0.4% 0.5%
2020-12-15 08:00 AM Nov -1.9% -5.1% -4%
2021-01-15 10:00 AM Dec 0.7% -1.9% -1.1%
2021-02-16 11:00 AM Jan -5.8% 0.7% 0.5%
2021-03-16 10:00 AM Feb -5.8% -4.8%
2021-04-15 10:00 AM Mar
2021-06-04 10:00 AM Apr
2021-06-16 10:00 AM May
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Kazakhstan Economy Contracts in January
The economy of Kazakhstan shrank 5.8 percent year-on-year in January of 2021, after rising 0.7 percent in the previous period. It was the sharpest decline in economic activity since last July, amid tighter coronavirus restrictions. Output fell primarily in industrial activities (-4.1 percent); transportation & storage (-17.4 percent); retail trade (-4.6 percent) and wholesale trade (-7.3 percent). The Kazakh government expects the economy to grow by 3 percent in 2021.
2021-02-16
Kazakhstan Economy Rebounds in December
The economy of Kazakhstan advanced 0.7 percent year-on-year in December of 2020, after shrinking 1.9 percent in the previous period, amid the ongoing pandemic crisis. It was the first economic expansion since March when the pandemic began. Considering the full year of 2020, the economy contracted 2.4 percent compared to the same period a year ago.
2021-01-15
Kazakhstan Economy Contracts 1.9% YoY in November
The economy of Kazakhstan shrank 1.9 percent year-on-year in November of 2020, softer than a 5.1 percent contraction in the previous period, amid the pandemic crisis. Considering the January-November period of 2020, the GDP declined 2.6 percent over a year earlier.
2020-12-15
Kazakhstan Economy Contracts 6.3% YoY in May
The economy of Kazakhstan shrank 6.3 percent year-on-year in May of 2020, softer than a 7.2 percent contraction in the previous period, after the government lifted some lockdown restrictions throughout the country. Considering January-May 2020, the GDP declined 0.5 percent over a year ago.
2020-06-16

Kazakhstan Short-Term Economic Indicator
Short-term economic indicator in Kazakhstan is calculated on the basis of real growth rate in six branches of economy - agriculture, industry, construction, trade, transport and communications.