Kazakhstan's economy grew by 6.2% year-on-year in 2024, accelerating from 5.1% rise in 2023. Full Year GDP Growth in Kazakhstan averaged 3.04 percent from 1991 until 2024, reaching an all time high of 13.50 percent in 2001 and a record low of -12.60 percent in 1994. source: Agency of Statistics of the Republic of Kazakhstan
Full Year GDP Growth in Kazakhstan is expected to reach 6.00 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Full Year GDP Growth is projected to trend around 5.40 percent in 2026, according to our econometric models.
Kazakhstan is the largest economy in Central Asia. The services sector is the most important and accounts for 54 percent of total GDP. The biggest segments within services are: wholesale and retail trade and repairs of motor vehicles and motorcycles (15 percent of total GDP); transport, warehousing, information and communication (10 percent); real estate (9 percent) and professional, scientific, technical, administrative and support services (7 percent). Industry contributes 34 percent of the wealth; construction 7 percent and agriculture, forestry and fishing 5 percent.
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
6.20 |
5.10 |
13.50 |
-12.60 |
1991 - 2024 |
percent |
Yearly |
NSA
|