Kazakhstan's gross domestic product expanded 4.2 percent in the first nine months of 2018. Economic growth was mostly driven by the trade and construction sectors, Kazakh National Economy Minister Timur Suleymenov said at a government meeting on October 16th. GDP Annual Growth Rate in Kazakhstan averaged 4.94 percent from 1995 until 2018, reaching an all time high of 14.10 percent in the second quarter of 2001 and a record low of -9.20 percent in the third quarter of 1995.

GDP Annual Growth Rate in Kazakhstan is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Kazakhstan to stand at 3.80 in 12 months time. In the long-term, the Kazakhstan GDP Annual Growth Rate is projected to trend around 3.80 percent in 2020, according to our econometric models.

Kazakhstan GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-10-17 07:45 AM GDP Growth Rate YTD 4.3% 4.2% 2.5%
2018-04-18 08:00 AM GDP Growth Rate YoY 4.1% 4% 3.3%
2018-07-11 08:30 AM GDP Growth Rate YoY 4.1% 4.1% 3.3%
2018-10-17 09:40 AM GDP Growth Rate YoY 4.1% 4.2% 3.9%
2019-04-18 08:00 AM GDP Growth Rate YoY 2.90%
2019-07-11 08:30 AM GDP Growth Rate YoY 3.20%
2019-10-17 09:40 AM GDP Growth Rate YoY 3.80%


Kazakhstan GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 4.10 4.20 14.10 -9.20 percent [+]
GDP 159.41 137.30 236.60 16.90 USD Billion [+]
GDP Constant Prices 39874.13 24251.00 51566.76 21.00 KZT Billion [+]
Gross Fixed Capital Formation 4293.00 2180.00 156524.50 385.00 KZT Billion [+]
GDP per capita 10857.38 10582.70 10857.38 3738.50 USD [+]
GDP per capita PPP 24055.59 23447.00 24055.59 8282.90 USD [+]
Gross National Product 51966817.40 46971150.00 51966817.40 25081.80 KZT Million [+]
GDP From Agriculture 1659880.30 606063.80 2315182.20 49779.30 KZT Million [+]
GDP From Construction 2132903.00 1143145.60 2896652.70 117510.50 KZT Million [+]
GDP From Manufacturing 4652754.90 2992380.30 5944890.90 329332.40 KZT Billion [+]
GDP From Mining 6254141.60 4189830.30 7244830.70 441079.40 KZT Billion [+]
GDP From Public Administration 877859.90 423693.50 1043177.80 55919.70 KZT Million [+]
GDP From Services 21362451.60 13515062.00 30493009.40 1488000.70 KZT Million [+]
GDP From Transport 3013862.50 1981913.60 4442189.60 255520.30 KZT Million [+]
GDP From Utilities 806649.50 552315.10 1023717.40 66874.90 KZT Million [+]


Kazakhstan GDP Annual Growth Rate

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. This page provides the latest reported value for - Kazakhstan GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kazakhstan GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.10 4.20 14.10 -9.20 1995 - 2018 percent Quarterly
CMLV




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India 7.10 Sep/18
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Brazil 1.30 Sep/18
Germany 1.10 Sep/18
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Italy 0.70 Sep/18
Japan 0.00 Sep/18
Argentina -4.20 Jun/18


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