Name: Kazakhstan Full Year GDP Growth
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/

In 2021, Kazakhstan's GDP expanded 4 percent driven by a rebounding economy, consumption growth, and supportive fiscal policy source: Agency of Statistics of the Republic of Kazakhstan

Full Year GDP Growth in Kazakhstan averaged 2.85 percent from 1991 until 2021, reaching an all time high of 13.50 percent in 2001 and a record low of -12.60 percent in 1994. This page includes a chart with historical data for Kazakhstan Full Year GDP Growth. Kazakhstan Full Year GDP Growth - values, historical data and charts - was last updated on July of 2022.

Full Year GDP Growth in Kazakhstan is expected to reach 2.50 percent by the end of 2022, 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 3.90 percent in 2023 and 3.50 percent in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
GDP Annual Growth Rate	4.40	4.00	percent	Mar 2022
GDP	190.81	171.08	USD Billion	Dec 2021

Kazakhstan Full Year GDP Growth

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.