The Gross Domestic Product (GDP) in Kazakhstan expanded 1.26 percent in the fourth quarter of 2013 over the previous quarter. GDP Growth Rate in Kazakhstan averaged 1.35 percent from 1994 until 2013, reaching an all time high of 7.00 percent in the first quarter of 1999 and a record low of -8.90 percent in the third quarter of 1998. source: Agency of Statistics of the Republic of Kazakhstan
Kazakhstan is the largest economy in Central Asia and holds vast reserves of oil and other mining products. Shipments of petroleum, ferrous metals, copper, aluminum, zinc and uranium have been the engine of economic growth, accounting for more than 90 percent of total exports and for around 40 percent of GDP. Nevertheless, in recent years, Kazakhstan has been diversifying its industrial base towards new sectors such as transport, pharmaceutical, telecommunications, petrochemicals and food processing.
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
1.26 |
2.43 |
7.00 |
-8.90 |
1994 - 2013 |
percent |
Quarterly |
|