Kazakhstan’s economy expanded 1.9 percent year-on-year in October of 2021, the slowest pace since April and following a 5.0 percent advance in September, reflecting significant headwinds from the primary sector. Agricultural, forestry, and fishing activities and output from construction works (-7.5 percent vs 3.8 percent) contracted sharply (-20.4 percent vs 0.7 percent in September), almost offsetting robust growth in major sectors, such as industrial production (4.2 percent vs 4.7 percent in June) and retail trade (6.8 percent vs 5.6 percent). Meanwhile, communication services continued to see double-digit growth (12.2 percent vs 14.4 percent). On the expenditure side, fixed capital investment rose 6.2 percent, easing from a 6.3 percent hike in September. Considering the first ten months of 2021, the economy advanced 3.9 percent over the same period a year earlier. source: Agency of Statistics of the Republic of Kazakhstan
Monthly GDP YoY in Kazakhstan averaged 3.18 percent from 2008 until 2021, reaching an all time high of 15.40 percent in December of 2009 and a record low of -11.70 percent in July of 2020. This page includes a chart with historical data for Kazakhstan Monthly GDP YoY. Kazakhstan Short-Term Economic Indicator - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.