Markets Actual Q3 Q4 Q1 Q2 2020
Currency 386.06 386 388 391 393 398
Stock Market (points) 2147.88 2205 2184 2164 2143 2103
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 4.10 3.6 3.4 3.6 3.5 3.3
Unemployment Rate (%) 4.80 4.9 5 5 5 4.7
Inflation Rate (%) 5.40 5.2 5.3 5.1 5.2 4.9
Interest Rate (%) 9.00 9 9.5 9.5 9.5 9
Balance of Trade (USD Million) 1730.70 2500 3094 3094 3094 3380
Current Account (USD Million) -2347.60 200 1250 -280 -460 1140
Current Account to GDP (%) 0.50 -0.6 -0.6 -1.3 -1.3 -1.3
Government Debt to GDP (%) 21.90 20 20 18 18 18
Government Budget (% of GDP) -1.40 -1.7 -1.7 -1.5 -1.5 -1.5
Business Confidence (Index Points) 9.00 11 8 8 8 10
Consumer Confidence (Index Points) 77.00 83 85 85 85 87
Retail Sales Mom (%) 1.80 1.8 1.8 1.65 1.65 2.9
Corporate Tax Rate (%) 20.00 20 20 20 20 20
Personal Income Tax Rate (%) 10.00 10 10 10 10 10
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 4.10 3.6 3.4 3.6 3.5 3.3
GDP (USD Billion) 170.54 168 168 177 177 177
GDP Constant Prices (KZT Billion) 27696.95 41310 60784 13629 13616 62790
Gross Fixed Capital Formation (KZT Billion) 2376.00 7960 13189 2462 2459 13624
GDP per capita (USD) 11165.50 10935 10935 11047 11047 11047
GDP per capita PPP (USD) 24738.40 24483 24483 24563 24563 24563
Gross National Product (KZT Million) 59613707.50 55012928 61640574 61759801 61700187 63674712
GDP From Agriculture (KZT Million) 274580.60 1718682 2615202 284466 284191 2701503
GDP From Construction (KZT Million) 444065.40 2198907 3382128 460052 459608 3493738
GDP From Manufacturing (KZT Million) 1631421.70 4867910 7297949 1690153 1688521 7538781
GDP From Mining (KZT Million) 2125713.40 6565614 9342509 2202239 2200113 9650812
GDP From Public Administration (KZT Million) 322876.20 685394 1406634 334500 334177 1453053
GDP From Services ( KZT Million) 7313193.70 21903026 33602087 7576469 7569155 34710956
GDP From Transport (KZT Million) 1084730.30 3166929 5039180 1123781 1122696 5205473
GDP From Utilities (KZT Million) 307004.90 831045 1147874 318057 317750 1185754
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 4.80 4.9 5 5 5 4.7
Unemployed Persons (Thousand ) 440.90 436 436 436 436 434
Long Term Unemployment Rate (%) 2.10 2.2 2.2 2.2 2.2 1.9
Wages (KZT/Month) 186221.00 163000 168000 168000 168000 174000
Minimum Wages (KZT/Monthly) 42500.00 42500 42500 44000 44000 44000
Population (Million) 18.16 18.8 18.17 18.42 18.42 18.42
Living Wage Family (KZT/Month) 128600.00 118000 118000 118000 118000 120000
Living Wage Individual (KZT/Month) 85600.00 86500 86500 86500 86500 87000
Wages High Skilled (KZT/Month) 137400.00 152000 152000 152000 152000 156100
Wages In Manufacturing (KZT/Month) 201741.00 187500 188800 188800 188800 200000
Wages Low Skilled (KZT/Month) 73200.00 73500 73500 73500 73500 73700
Youth Unemployment Rate (%) 3.60 4.2 4.3 4.3 4.3 4.1
Retirement Age Men 63.00 63 63 63 63 63
Retirement Age Women 58.00 58 58 58 58 58
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 5.40 5.2 5.3 5.1 5.2 4.9
Consumer Price Index CPI (Index Points) 772.60 775 791 800 812 830
Core Inflation Rate (%) 6.08 6.2 5.9 5.9 5.9 5.3
Producer Prices (Index Points) 1170.33 1276 1248 1259 1287 1329
Inflation Rate Mom (%) 0.20 0.2 0.7 0.7 0.7 0.5
Food Inflation (%) 8.60 3.2 2.9 2.9 2.9 2.7
CPI Transportation (Index Points) 101.70 113 110 107 107 116
Producer Prices Change (%) 6.00 10.5 10 9.5 9 6.5
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 9.00 9 9.5 9.5 9.5 9
Interbank Rate (%) 10.00 10 10.5 10.5 10.5 10
Money Supply M2 (KZT Million) 14549374.00 16215000 16496000 16496000 16496000 17599000
Foreign Exchange Reserves (USD Million) 27702.00 31470 32400 32400 32400 35100
Banks Balance Sheet (KZT Thousand) 25349972489.00 24100000000 25200000000 25200000000 25200000000 24700000000
Central Bank Balance Sheet (KZT Million) 7542280.00 6850000 7000000 7000000 7000000 8080000
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (USD Million) 1730.70 2500 3094 3094 3094 3380
Current Account (USD Million) -2347.60 200 1250 -280 -460 1140
Current Account to GDP (%) 0.50 -0.6 -0.6 -1.3 -1.3 -1.3
Imports (USD Million) 3273.60 2950 2720 2940 2980 2850
Exports (USD Million) 5004.30 5470 6250 5240 5680 6380
External Debt (USD Million) 157648.00 167087 164186 163323 163166 169604
Gold Reserves (Tonnes) 353.30 340 343 343 343 349
Crude Oil Production (BBL/D/1K) 1634.00 1837 1859 1859 1859 1870
Foreign Direct Investment (USD Million) 5964.13 5858 6100 6100 6100 4300
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 21.90 20 20 18 18 18
Government Budget (% of GDP) -1.40 -1.7 -1.7 -1.5 -1.5 -1.5
Government Spending (KZT Million) 1140647.30 3763203 5340126 1181711 1180570 5516350
Government Debt (USD Thousand) 17517832.00 19100000 19090000 19090000 19090000 19120000
Taxes Actual Q3 Q4 Q1 Q2 2020
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 (%) 11.00 11 11 11 11 11
Social Security Rate For Companies (%) 11.00 11 11 11 11 11
Business Actual Q3 Q4 Q1 Q2 2020
Business Confidence (Index Points) 9.00 11 8 8 8 10
Industrial Production (%) 3.20 4.2 6.2 5.5 1.9 5.7
Industrial Production Mom (%) 2.50 -2.6 0.2 0.2 0.2 0.6
Manufacturing Production (%) 2.50 4.7 5.1 5.1 5.1 4.5
Changes in Inventories (KZT Million) 424624.00 2220000 2620000 2620000 2620000 2700000
Leading Economic Index (%) 5.10 4 5.5 4.2 5.2 6.5
Car Registrations 3687597.00 3760000 3750000 3750000 3750000 3745000
Copper Production (Tonnes) 42980.00 31150 30900 30900 30900 32200
Mining Production (%) 8.60 4.8 5.1 5.1 5.1 3.8
Steel Production (Thousand Tonnes) 385.00 426 439 439 439 450
Consumer Actual Q3 Q4 Q1 Q2 2020
Consumer Confidence (Index Points) 77.00 83 85 85 85 87
Retail Sales Mom (%) 1.80 1.8 1.8 1.65 1.65 2.9
Retail Sales Yoy (%) 5.20 6.2 7.1 6.2 6.8 6
Consumer Spending (KZT Million) 6396442.70 20070587 30004473 6626715 6620318 30994620
Consumer Credit (KZT Million) 5835436.00 5279546 5482909 5632008 6039676 5663845
Gasoline Prices (USD/Liter) 0.45 0.44 0.43 0.42 0.41 0.41
Housing Actual Q3 Q4 Q1 Q2 2020
Housing Index (Index Points) 104.10 104 105 105 105 106
Construction Output (%) 16.80 -0.8 1.3 1.3 1.3 10.1


This page has economic forecasts for Kazakhstan including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Kazakhstan economy.