Kazakhstan's gross domestic product grew by 5.0 percent from a year earlier in September 2021, following a 4.7 percent expansion in the previous period. source: Agency of Statistics of the Republic of Kazakhstan

Leading Economic Index in Kazakhstan averaged 3.19 percent from 2008 until 2021, reaching an all time high of 15.40 percent in December of 2009 and a record low of -11.70 percent in July of 2020. This page provides - Kazakhstan Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Short-Term Economic Indicator - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Leading Economic Index in Kazakhstan is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Short-Term Economic Indicator is projected to trend around 5.00 percent in 2022, according to our econometric models.

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Kazakhstan Short-Term Economic Indicator


Calendar GMT Actual Previous Consensus TEForecast
2021-09-16 10:00 AM Aug 4.7% 7.6% 5.6%
2021-10-15 10:00 AM Sep 5.0% 4.7% 4.2%
2021-11-17 10:00 AM Oct


News Stream
Kazakhstan Economy Advances 4.7% in August
Kazakhstan’s economy grew by 4.7 percent year-on-year in August of 2021, a slower growth pace compared to the 7.6 percent growth rate in the prior month. Output was driven by construction works (11.9 percent vs 6.3 percent in July), communication services (14.9 percent vs 14.3 percent), and agricultural, forestry, and fishing activities (1.2 percent vs -0.2 percent). Meanwhile, output grew at a slower place for industrial production (1.9 percent vs 8.2 percent), and retail trade (0.2 percent vs 5.2 percent). From the expenditure side, fixed capital investment surged 17.9 percent, compared to the 0.7 increase in July. Year to date, Kazakhstan’s economy advanced 3.9 percent over the same period last year.
2021-09-16
Kazakhstan GDP Rises the Most in 3 Months
Kazakhstan’s economy leapt 7.6 percent year-on-year in July of 2021, expanding at a notably faster pace than the prior month’s 4.9 percent rise. It was the steepest expansion in economic output since last April, mainly supported by industrial production (8.2 percent vs 1.7 percent in June), as growth slowed down in most other sectors, namely retail trade (5.2 percent vs 7.5 percent); construction works (6.3 percent vs 10.8 percent); and communication services (14.3 percent vs 15.0 percent). On the other hand, output fell in agricultural, forestry, and fishing activities (-0.2 percent vs 3.6 percent). From the expenditure side, fixed capital investment edged up 0.7 percent, easing sharply from a 9.3 percent hike in June. Considering the January-July period of 2021, the economy advanced 3.7 percent over the same period a year earlier.
2021-08-16
Kazakhstan Economic Growth at 4.9% in June
Kazakhstan’s economy expanded 4.9 percent year-on-year in June of 2021, little changed from a 5.0 percent growth in the prior month. Among main economic activities, output rose for industrial production (1.7 percent vs 3.6 percent in May); retail trade (7.5 percent vs 13.3 percent); construction works (10.8 percent vs 7.4 percent); agricultural, forestry, and fishing activities (3.6 percent vs 3.3 percent); and communication services (15.0 percent vs 13.8 percent). Additionally, fixed capital investment jumped 9.3 percent, rebounding from a 3.3 percent contraction in May. Considering the first semester of 2021, output advanced 2.9 percent from the same period a year earlier.
2021-07-15

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 1268377.00 KZT Million Jun/21 503455.00 2702989.00 -64693.00
Mining Production 3.80 percent Sep/21 -2.20 30.00 -15.90
Leading Economic Index 5.00 percent Sep/21 4.70 15.40 -11.70
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 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.