Business Confidence in Kazakhstan decreased to 5 points in the fourth quarter of 2019 from 7 points in the third quarter of 2019.

Business Confidence in Kazakhstan averaged 7.19 points from 2008 until 2019, reaching an all time high of 15 points in the fourth quarter of 2010 and a record low of -2 points in the second quarter of 2009. This page provides - Kazakhstan Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Business Confidence in Kazakhstan is expected to be 9.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Kazakhstan to stand at 10.00 in 12 months time. In the long-term, the Kazakhstan Business Confidence is projected to trend around 10.00 points in 2020, according to our econometric models.

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Kazakhstan Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
5.00 7.00 15.00 -2.00 2008 - 2019 points Quarterly
N.S.A.

Calendar GMT Actual Previous Consensus TEForecast
2019-04-12 12:05 PM Q1 6 1 5
2019-07-16 08:50 AM Q2 9 6 7
2019-10-14 09:00 AM Q3 7 9 11
2020-01-10 09:00 AM Q4 5 7 9
2020-04-15 09:00 AM Q1 5 9


Kazakhstan Business Confidence
In Kazakhstan, the business confidence index of industry enterprises is calculated as an average of the “balances” of assessments of the level of formed factual demand and stock of finished products (the latter – with a reverse sign) as well as expected changes of production output, in percent. The balance implies the difference between the proportions of respondents who noted “increase” and “decrease” of a particular indicator of economic activity of a surveyed enterprise, in percent.