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.