The Gross Domestic Product (GDP) in Kazakhstan expanded 1.26 percent in the fourth quarter of 2013 over the previous quarter. source: Agency of Statistics of the Republic of Kazakhstan

GDP Growth Rate in Kazakhstan averaged 1.35 percent from 1994 until 2013, reaching an all time high of 7.00 percent in the first quarter of 1999 and a record low of -8.90 percent in the third quarter of 1998. This page provides - Kazakhstan GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan GDP Growth Rate - values, historical data and charts - was last updated on December of 2021.

GDP Growth Rate 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 GDP Growth Rate in Kazakhstan to stand at 0.80 in 12 months time. In the long-term, the Kazakhstan GDP Growth Rate is projected to trend around 0.80 percent in 2021, according to our econometric models.

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Kazakhstan GDP Growth Rate

Related Last Previous Unit Reference
GDP Growth Rate 1.26 2.43 percent Dec/13
GDP Annual Growth Rate 3.50 2.30 percent Sep/21
GDP Constant Prices 52676.39 32043.93 KZT Billion Sep/21
Gross Fixed Capital Formation 6594.00 2935.00 KZT Billion Jun/21
GDP From Utilities 455576.80 261834.70 KZT Million Sep/21
GDP From Transport 3202477.10 1005832.90 KZT Million Sep/21
GDP From Services 10610224.10 8053089.70 KZT Million Sep/21
GDP From Public Administration 1032658.80 381238.60 KZT Million Sep/21
GDP From Mining 7518309.10 2576861.60 KZT Million Sep/21
GDP From Manufacturing 7054995.70 4507164.60 KZT Million Sep/21
GDP From Construction 3052231.80 1745163.50 KZT Million Sep/21
GDP From Agriculture 2655127.50 938587.30 KZT Million Sep/21
Kazakhstan GDP Growth Rate
Kazakhstan is the largest economy in Central Asia and holds vast reserves of oil and other mining products. Shipments of petroleum, ferrous metals, copper, aluminum, zinc and uranium have been the engine of economic growth, accounting for more than 90 percent of total exports and for around 40 percent of GDP. Nevertheless, in recent years, Kazakhstan has been diversifying its industrial base towards new sectors such as transport, pharmaceutical, telecommunications, petrochemicals and food processing.