Business Confidence in Kazakhstan increased to 3 points in the first quarter of 2023 from 2 points in the fourth quarter of 2022. source: Agency of statistics of the Republic of Kazakhstan

Business Confidence in Kazakhstan averaged 6.43 points from 2008 until 2023, reaching an all time high of 15.00 points in the fourth quarter of 2010 and a record low of -2.00 points in the second quarter of 2009. This page provides - Kazakhstan Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

Business Confidence in Kazakhstan is expected to be 4.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Business Confidence is projected to trend around 5.00 points in 2024 and 4.00 points in 2025, according to our econometric models.

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Kazakhstan Business Confidence

Calendar GMT Actual Previous Consensus TEForecast
2023-02-16 10:00 AM Q4 2 5 7
2023-05-19 07:00 AM Q1 3 2 2
2023-08-21 07:00 AM Q2 3 4

Related Last Previous Unit Reference
Business Confidence 3.00 2.00 points Mar 2023
Industrial Production Mom -7.50 11.10 percent Apr 2023
Industrial Production 5.70 5.20 percent Apr 2023
Manufacturing Production 4.30 11.30 percent Apr 2023
Changes in Inventories 2866476.00 2363900.00 KZT Million Dec 2022
Copper Production 36056.00 37443.00 Tonnes Apr 2023
Cement Production 1091.10 908.10 Thousands of Tonnes Apr 2023
Mining Production 7.50 -0.50 percent Apr 2023
Leading Economic Index 5.00 4.70 percent Sep 2021

Kazakhstan Business Confidence
In Kazakhstan, the business confidence index of industry enterprises is calculated as an average of the “balances” of assessments of the level of formed factual demand and stock of finished products (the latter – with a reverse sign) as well as expected changes of production output, in percent. The balance implies the difference between the proportions of respondents who noted “increase” and “decrease” of a particular indicator of economic activity of a surveyed enterprise, in percent.
Actual Previous Highest Lowest Dates Unit Frequency
3.00 2.00 15.00 -2.00 2008 - 2023 points Quarterly