Markets Actual Q2 Q3 Q4 Q1 2023
Currency 434.78 432 437 442 447 458
Stock Market (points) 2669.25 2638 2567 2498 2430 2301

Overview Actual Q2 Q3 Q4 Q1 2023
GDP Annual Growth Rate (%) 4.40 2.5 2.3 2.1 3 4
Unemployment Rate (%) 4.90 4.8 4.7 4.7 4.7 4.8
Inflation Rate (%) 13.20 12 10.5 8 6 4.5
Interest Rate (%) 14.00 14.5 13.5 12 12 10.25
Balance of Trade (USD Million) 3594.90 3520 3520 3520 3520 3520
Current Account (USD Million) 2194.00 -800 -800 -950 -950 -700
Current Account to GDP (% of GDP) -3.00 -1.5 -1.5 -1.5 -1.5 -2
Government Debt to GDP (% of GDP) 27.40 26 26 26 26 26
Government Budget (% of GDP) -4.00 -2 -2 -2 -2 -2
Business Confidence (points) 2.00 4 4 7 7 7
Consumer Confidence (points) 101.00 83 83 83 83 83
Retail Sales Mom (%) -10.40 15 15 5 5 5
Corporate Tax Rate (%) 20.00 20 20 20 20 20
Personal Income Tax Rate (%) 10.00 10 10 10 10 10

GDP Actual Q2 Q3 Q4 Q1 2023
GDP Annual Growth Rate (%) 4.40 2.5 2.3 2.1 3 4
GDP (USD Billion) 169.84 166 166 177 177 177
GDP Constant Prices (KZT Billion) 18801.50 32845 53888 82976 19366 86295
Gross Fixed Capital Formation (KZT Billion) 19276.00 6759 12463 19681 19854 20468
GDP per capita (USD) 10963.71 11600 11600 11600 11600 11600
GDP per capita PPP (USD) 25337.15 26400 26400 26400 26400 26400
Full Year GDP Growth (%) 4.00 1.5 1.5 1.5 3.8 3.8
GDP From Agriculture (KZT Million) 4202632.90 962052 2716195 4290888 4328712 4462524
GDP From Construction (KZT Million) 4785542.90 1788793 3122433 4886039 4929109 5081481
GDP From Manufacturing (KZT Million) 11417950.70 4619844 7217261 11657728 11760489 12124037
GDP From Mining (KZT Million) 11436623.60 2641283 7691230 11676793 11779722 12143864
GDP From Public Administration (KZT Million) 1567615.30 751414 1056410 1600535 1614644 1664557
GDP From Services ( KZT Million) 10610224.10 8254417 10854259 10833039 10928531 11266360
GDP From Transport (KZT Million) 5399916.00 1030979 3276134 5513314 5561913 5733847
GDP From Utilities (KZT Million) 429392.60 268381 466055 438410 442274 455946
Gross National Product (KZT Million) 70714083.60 72481936 72340508 72199079 72835506 75087043

Labour Actual Q2 Q3 Q4 Q1 2023
Unemployment Rate (%) 4.90 4.8 4.7 4.7 4.7 4.8
Unemployed Persons (Thousand ) 453.10 445 445 446 446 446
Long Term Unemployment Rate (%) 2.20 2.1 2 2 2 2
Wages (KZT/Month) 284420.00 174000 174000 174000 174000 174000
Minimum Wages (KZT/Month) 60000.00 44000 44000 44000 44000 44000
Population (Million) 19.12 18.88 18.88 19.12 19.12 19.12
Retirement Age Men 63.00 63 63 63 63 63
Retirement Age Women 60.50 60.5 60.5 60.5 60.5 60.5
Wages In Manufacturing (KZT/Month) 326454.00 200000 200000 200000 200000 200000
Youth Unemployment Rate (%) 3.70 4.1 4.1 4.1 4.1 4.1

Prices Actual Q2 Q3 Q4 Q1 2023
Inflation Rate (%) 13.20 12 10.5 8 6 4.5
Consumer Price Index CPI (points) 990.60 997 999 997 1029 1042
Core Inflation Rate (%) 12.49 5.8 5.8 5.8 5.8 5.3
Producer Prices (points) 1879.80 1981 2197 2158 2332 3194
GDP Deflator (points) 110.60 117 115 119 117 125
Food Inflation (%) 17.90 10 9.5 9 9 8
CPI Transportation (points) 101.80 103 103 104 104 105
Producer Prices Change (%) 41.30 40 48 34 25 48
Inflation Rate Mom (%) 2.00 0.9 0.5 0.5 0.5 0.5

Money Actual Q2 Q3 Q4 Q1 2023
Interest Rate (%) 14.00 14.5 13.5 12 12 10.25
Interbank Rate (%) 10.50 11 10 8.5 8.5 8.5
Money Supply M2 (KZT Million) 23174386.00 17599000 17599000 17599000 17599000 17599000
Banks Balance Sheet (KZT Thousand) 37770118765.00 28371399216 28371399216 29502118441 29502118441 29502118441
Foreign Exchange Reserves (USD Million) 33527.00 35100 35100 35100 35100 35100
Central Bank Balance Sheet (KZT Million) 10813203.00 9459617 9459617 10077189 10077189 10077189

Trade Actual Q2 Q3 Q4 Q1 2023
Balance of Trade (USD Million) 3594.90 3520 3520 3520 3520 3520
Current Account (USD Million) 2194.00 -800 -800 -950 -950 -700
Current Account to GDP (% of GDP) -3.00 -1.5 -1.5 -1.5 -1.5 -2
Imports (USD Million) 3423.80 2990 2990 2990 2990 2990
Exports (USD Million) 7018.70 6510 6510 6510 6510 6510
External Debt (USD Million) 165057.00 151011 151011 147772 147772 147772
Gold Reserves (Tonnes) 368.12 349 349 349 349 349
Crude Oil Production (BBL/D/1K) 1918.58 1870 1920 1980 1980 1850
Foreign Direct Investment (USD Million) 4981.37 4300 4300 4300 4300 4300

Government Actual Q2 Q3 Q4 Q1 2023
Government Debt to GDP (% of GDP) 27.40 26 26 26 26 26
Government Budget (% of GDP) -4.00 -2 -2 -2 -2 -2
Government Budget Value (KZT Million) -143906.20 11824003 11824003 11824003 11824003 11824003
Government Spending (KZT Million) 9592758.30 4662607 7006891 9794206 9880541 10185974
Government Debt (USD Thousand) 25012430.00 19120000 19120000 19120000 19120000 19120000
Military Expenditure (USD Million) 1752.00 1500 1500 1500 1500 1500

Taxes Actual Q2 Q3 Q4 Q1 2023
Corporate Tax Rate (%) 20.00 20 20 20 20 20
Personal Income Tax Rate (%) 10.00 10 10 10 10 10
Sales Tax Rate (%) 12.00 12 12 12 12 12
Social Security Rate (%) 5.50 5.5 5.5 9.5 9.5 5.5
Social Security Rate For Companies (%) 3.50 3.5 3.5 9.5 9.5 3.5

Business Actual Q2 Q3 Q4 Q1 2023
Business Confidence (points) 2.00 4 4 7 7 7
Industrial Production (%) 1.20 -3.5 -3.5 4 4 4
Industrial Production Mom (%) -8.00 -10 5 6 8 12
Manufacturing Production (%) 3.60 4.5 4.5 4.5 4.5 4.5
Changes in Inventories (KZT Million) 2700996.00 2700000 2700000 2700000 2700000 2700000
Composite PMI (points) 50.40 53.5 49 50 50 50
Car Registrations 3833286.00 3866942 3866942 3877084 3877084 3877084
Copper Production (Tonnes) 42120.00 32200 32200 32200 32200 32200
Services PMI (points) 51.40 50 50 50 50 50
Manufacturing PMI (points) 49.00 50.5 51 52 52 50
Mining Production (%) 0.80 3.8 3.8 3.8 4 4

Consumer Actual Q2 Q3 Q4 Q1 2023
Consumer Confidence (points) 101.00 83 83 83 83 83
Retail Sales Mom (%) -10.40 15 15 5 5 5
Retail Sales Yoy (%) 14.30 -11 -5 5 3.3 8
Consumer Spending (KZT Million) 41439914.50 15597308 25665649 42310153 42683112 44002559
Consumer Credit (KZT Million) 11383399.00 8766252 9814143 10964364 11503233 11402938
Gasoline Prices (USD/Liter) 0.46 0.48 0.49 0.51 0.53 0.53

Housing Actual Q2 Q3 Q4 Q1 2023
Housing Index (points) 120.30 106 106 106 106 106
Construction Output (%) 13.90 5.5 5.5 5.5 5.5 5.5


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Kazakhstan Forecast - was last updated on Saturday, May 28, 2022.