The economy of Kazakhstan grew 7.9 percent year-on-year in December of 2019, following a 5.2 percent expansion in the previous month. Considering January-December 2019, the economy advanced 5.0 percent.

Leading Economic Index in Kazakhstan averaged 3.62 percent from 2008 until 2019, reaching an all time high of 15.40 percent in December of 2009 and a record low of -8.20 percent in October of 2012. This page provides - Kazakhstan Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Leading Economic Index in Kazakhstan is expected to be 5.50 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 6.50 in 12 months time. In the long-term, the Kazakhstan Short-Term Economic Indicator is projected to trend around 6.50 percent in 2020, according to our econometric models.


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Kazakhstan Short-Term Economic Indicator

Actual Previous Highest Lowest Dates Unit Frequency
7.90 5.20 15.40 -8.20 2008 - 2019 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2019-10-14 09:00 AM Sep 4.1% 7.3% 4.0%
2019-11-13 10:50 AM Oct 5.4% 4.1% 5.0%
2019-12-16 10:00 AM Nov 5.2% 5.4% 5.8%
2020-01-16 10:00 AM Dec 7.9% 5.2% 5.5%
2020-02-17 10:00 AM Jan 7.9% 6.5%


News Stream
2019-03-13
Kazakhstan Economy Grows 4.3% in February
The economy of Kazakhstan grew 4.3 percent year-on-year in February 2019, following a 2.9 percent expansion in the previous month, according to the the Minister of National Economy. Considering January-February, the economy advanced 3.5 percent, driven by an increase in goods production and expansion of the services sector.


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.

Kazakhstan Business Last Previous Highest Lowest Unit
Business Confidence 5.00 7.00 15.00 -2.00 points [+]
Industrial Production 6.40 4.80 23.30 -7.80 percent [+]
Industrial Production Mom 1.60 3.00 17.90 -18.70 percent [+]
Manufacturing Production 8.50 1.50 35.30 -18.10 percent [+]
Changes in Inventories 2073373.00 1288867.00 2481680.00 -64693.00 KZT Million [+]
Internet Speed 10581.80 8955.15 10581.80 397.87 KBps [+]
IP Addresses 1522517.00 1528598.00 1954834.00 108535.00 IP [+]
Leading Economic Index 7.90 5.20 15.40 -8.20 percent [+]
Competitiveness Index 62.94 61.80 62.94 4.07 Points [+]
Competitiveness Rank 55.00 59.00 72.00 42.00 [+]
Car Registrations 3768700.00 3725805.00 4047767.00 3021947.00 [+]
Cement Production 644.50 913.30 1214.80 196.90 Thousands of Tonnes [+]
Copper Production 38808.00 39551.00 43187.00 17401.00 Tonnes [+]
Ease of Doing Business 25.00 28.00 64.00 25.00 [+]
Corruption Index 34.00 31.00 34.00 21.00 Points [+]
Corruption Rank 113.00 124.00 150.00 65.00 [+]
Mining Production 3.60 9.40 30.00 -15.90 percent [+]
Steel Production 340.00 325.00 529.00 56.00 Thousand Tonnes [+]