Business Confidence in Kazakhstan decreased to 6 points in the third quarter of 2021 from 7 points in the second quarter of 2021. source: Agency of statistics of the Republic of Kazakhstan

Business Confidence in Kazakhstan averaged 6.76 points from 2008 until 2021, reaching an all time high of 15 points in the fourth quarter of 2010 and a record low of -2 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 October of 2021.

Business Confidence in Kazakhstan is expected to be 5.00 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 7.00 points in 2022, according to our econometric models.

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Kazakhstan Business Confidence


Calendar GMT Actual Previous Consensus TEForecast
2021-01-18 09:00 AM Q4 2 5 2
2021-04-14 10:00 AM Q1 6 2 1
2021-07-15 09:00 AM Q2 7 6 8
2021-10-15 09:00 AM Q3 6 7 6
2022-01-13 09:00 AM Q4 6 6


Kazakhstan Last Unit Reference Previous Highest Lowest
Business Confidence 6.00 points Sep/21 7.00 15.00 -2.00
Industrial Production 4.70 percent Sep/21 1.90 23.30 -9.60
Industrial Production Mom 0.50 percent Aug/21 -1.00 17.90 -18.70
Manufacturing Production 5.30 percent Sep/21 4.70 35.30 -18.10
Changes in Inventories 503455.00 KZT Million Mar/21 2702989.00 2702989.00 -64693.00
Leading Economic Index 5.00 percent Sep/21 4.70 15.40 -11.70
Mining Production 3.80 percent Sep/21 -2.20 30.00 -15.90
Copper Production 29683.00 Tonnes Aug/21 22797.00 43837.00 17401.00
Cement Production 1342.20 Thousands of Tonnes Aug/21 1376.20 1410.20 196.90


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.