Markets Actual Q4 Q1 Q2 Q3 2022
Currency 437.73 437 438 440 441 444
Stock Market (points) 3679.12 3623 3549 3477 3406 3269

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) 3.50 3 3 4 2.5 4.5
Unemployment Rate (%) 4.90 4.6 4.8 4.8 4.7 4.7
Inflation Rate (%) 8.70 9 7.5 7.5 6.5 5
Interest Rate (%) 9.75 10 10.5 10.5 10.5 10.25
Balance of Trade (USD Million) 2214.30 3380 3520 3520 3520 3520
Current Account (USD Million) -623.80 -950 -900 -800 -800 -950
Current Account to GDP (% of GDP) -3.70 -1.5 -1.5 -1.5 -1.5 -1.5
Government Debt to GDP (% of GDP) 23.40 25.5 26 26 26 26
Government Budget (% of GDP) -4.00 -4.5 -2 -2 -2 -2
Business Confidence (points) 6.00 6 5 4 4 7
Consumer Confidence (points) 97.00 83 83 83 83 83
Retail Sales Mom (%) 15.10 15 15 15 15 5
Corporate Tax Rate (%) 20.00 20 20 20 20 20
Personal Income Tax Rate (%) 10.00 10 10 10 10 10

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) 3.50 3 3 4 2.5 4.5
GDP (USD Billion) 169.84 166 166 166 166 177
GDP Constant Prices (KZT Billion) 52676.39 65492 16417 33326 53993 76043
Gross Fixed Capital Formation (KZT Billion) 6594.00 8559 3023 6858 6759 18777
GDP per capita (USD) 10963.71 11500 11600 11600 11600 11600
GDP per capita PPP (USD) 25337.15 25700 26400 26400 26400 26400
Gross National Product (KZT Million) 70714083.60 57895041 72835506 73542647 72481936 76113104
GDP From Agriculture (KZT Million) 2655127.50 1849235 409169 976131 2721506 4099698
GDP From Construction (KZT Million) 3052231.80 2376218 703405 1814970 3128538 4612270
GDP From Manufacturing (KZT Million) 7054995.70 5183528 2430801 4687451 7231371 9940757
GDP From Mining (KZT Million) 7518309.10 6967596 2444227 2679936 7706267 2368272
GDP From Public Administration (KZT Million) 1032658.80 978004 362404 396488 1058475 392429
GDP From Services ( KZT Million) 10610224.10 23799418 9220095 8375213 10875480 15536967
GDP From Transport (KZT Million) 3202477.10 3357675 1109507 1046066 3282539 1896557
GDP From Utilities (KZT Million) 455576.80 898670 335892 272308 466966 307965

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 4.90 4.6 4.8 4.8 4.7 4.7
Unemployed Persons (Thousand ) 450.70 445 445 445 445 446
Long Term Unemployment Rate (%) 2.20 1.9 2.1 2.1 2 2
Wages (KZT/Month) 257030.00 174000 174000 174000 174000 174000
Minimum Wages (KZT/Month) 42500.00 44000 44000 44000 44000 44000
Population (Million) 18.88 18.88 18.88 18.88 18.88 19.12
Retirement Age Men 63.00 63 63 63 63 63
Retirement Age Women 60.00 58 58 58 58 58
Wages In Manufacturing (KZT/Month) 269505.00 200000 200000 200000 200000 200000
Youth Unemployment Rate (%) 3.70 4.1 4.1 4.1 4.1 4.1

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 8.70 9 7.5 7.5 6.5 5
Consumer Price Index CPI (points) 910.70 869 932 957 963 974
Core Inflation Rate (%) 8.29 5.8 5.8 5.8 5.8 5.3
Producer Prices (points) 1514.90 1557 1395 1528 1603 1542
Inflation Rate Mom (%) 0.70 0.5 0.5 0.5 0.5 0.5
Producer Prices Change (%) 41.20 32 10 8 8 6
GDP Deflator (points) 103.60 113 111 111 110 119
Food Inflation (%) 10.90 10.5 9.8 10 9.5 9
CPI Transportation (points) 110.00 121 111 112 112 113

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 9.75 10 10.5 10.5 10.5 10.25
Interbank Rate (%) 10.50 10.75 11.25 11.25 11.25 11
Money Supply M2 (KZT Million) 22746598.00 17599000 17599000 17599000 17599000 17599000
Banks Balance Sheet (KZT Thousand) 35563009858.00 28371399216 28371399216 28371399216 28371399216 29502118441
Foreign Exchange Reserves (USD Million) 35820.00 35100 35100 35100 35100 35100
Central Bank Balance Sheet (KZT Million) 11860822.00 9459617 9459617 9459617 9459617 10077189

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (USD Million) 2214.30 3380 3520 3520 3520 3520
Current Account (USD Million) -623.80 -950 -900 -800 -800 -950
Current Account to GDP (% of GDP) -3.70 -1.5 -1.5 -1.5 -1.5 -1.5
Imports (USD Million) 3677.70 2990 2990 2990 2990 2990
Exports (USD Million) 5892.00 6510 6510 6510 6510 6510
External Debt (USD Million) 166753.00 151011 151011 151011 151011 147772
Gold Reserves (Tonnes) 385.94 349 349 349 349 349
Crude Oil Production (BBL/D/1K) 1754.63 1770 1810 1870 1920 1980
Foreign Direct Investment (USD Million) 0.00 4300 4300 4300 4300 4300

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 23.40 25.5 26 26 26 26
Government Budget (% of GDP) -4.00 -4.5 -2 -2 -2 -2
Government Budget Value (KZT Million) -1964494.27 11824003 11824003 11824003 11824003 11824003
Government Spending (KZT Million) 4548885.10 4046813 2196957 4730841 4662607 9689444
Government Debt (USD Thousand) 25053375.00 19120000 19120000 19120000 19120000 19120000
Military Expenditure (USD Million) 1752.00 1500 1500 1500 1500 1500

Taxes Actual Q4 Q1 Q2 Q3 2022
Corporate Tax Rate (%) 20.00 20 20 20 20 20
Personal Income Tax Rate (%) 10.00 10 10 10 10 10
Sales Tax Rate (%) 12.00 12 12 12 12 12
Social Security Rate (%) 9.50 9.5 9.5 9.5 9.5 9.5
Social Security Rate For Companies (%) 9.50 9.5 9.5 9.5 9.5 9.5

Business Actual Q4 Q1 Q2 Q3 2022
Business Confidence (points) 6.00 6 5 4 4 7
Industrial Production (%) 4.20 4.5 2.5 -3.5 -3.5 4
Industrial Production Mom (%) 0.50 0.6 0.6 0.6 0.6 0.6
Manufacturing Production (%) 5.30 4.5 4.5 4.5 4.5 4.5
Changes in Inventories (KZT Million) 1268377.00 2700000 2700000 2700000 2700000 2700000
Manufacturing PMI (points) 49.90 51 51 51 51 50
Mining Production (%) 3.80 3.8 3.8 3.8 3.8 3.8
Services PMI (points) 53.50 50 50 50 50 50
Composite PMI (points) 53.30 49 49 49 49 50
Car Registrations 3824200.00 3866942 3866942 3866942 3866942 3877084
Copper Production (Tonnes) 27379.00 32200 32200 32200 32200 32200

Consumer Actual Q4 Q1 Q2 Q3 2022
Consumer Confidence (points) 97.00 83 83 83 83 83
Retail Sales Mom (%) 15.10 15 15 15 15 5
Retail Sales Yoy (%) 6.80 3 3 3 3 5
Consumer Spending (KZT Million) 15216885.90 21583186 8307515 15825561 15597308 39415768
Consumer Credit (KZT Million) 9930973.00 5907527 7965721 8894539 9833330 8100673
Gasoline Prices (USD/Liter) 0.46 0.41 0.42 0.39 0.37 0.36

Housing Actual Q4 Q1 Q2 Q3 2022
Housing Index (points) 114.60 106 106 106 106 106
Construction Output (%) 3.80 5.5 5.5 5.5 5.5 5.5


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Kazakhstan Forecast - was last updated on Thursday, December 2, 2021.