Business Confidence in Kazakhstan increased to 5 points in the third quarter of 2020 from -1 points in the second quarter of 2020.

Business Confidence in Kazakhstan averaged 6.88 points from 2008 until 2020, 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. Kazakhstan Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Business Confidence in Kazakhstan is expected to be 2.00 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 3.00 in 12 months time. In the long-term, the Kazakhstan Business Confidence is projected to trend around 5.00 points in 2021 and 7.00 points in 2022, according to our econometric models.

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Kazakhstan Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
5.00 -1.00 15.00 -2.00 2008 - 2020 points Quarterly
N.S.A.


Calendar GMT Actual Previous Consensus TEForecast
2020-01-10 09:00 AM Q4 5 7 9
2020-04-15 09:00 AM Q1 2 5 1
2020-07-15 09:00 AM Q2 -1 2 -2
2020-10-15 09:00 AM Q3 5 -1 -1

Kazakhstan Business Last Previous Highest Lowest Unit
Business Confidence 5.00 -1.00 15.00 -2.00 points [+]
Industrial Production -3.50 -5.60 23.30 -9.60 percent [+]
Industrial Production Mom 1.90 -5.90 17.90 -18.70 percent [+]
Manufacturing Production -2.50 4.00 35.30 -18.10 percent [+]
Changes in Inventories 1000560.00 366065.00 2594937.00 -64693.00 KZT Million [+]
Internet Speed 10581.80 8955.15 10581.80 397.87 KBps [+]
IP Addresses 1522517.00 1528598.00 1954834.00 108535.00 IP [+]
Leading Economic Index -0.40 -4.00 15.40 -11.70 percent [+]
Competitiveness Index 62.94 61.80 62.94 4.07 Points [+]
Competitiveness Rank 55.00 59.00 72.00 42.00 [+]
Composite Pmi 52.80 47.60 52.80 15.30 points [+]
Car Registrations 3891800.00 3909831.00 4047767.00 3021947.00 [+]
Cement Production 1174.90 1229.20 1229.20 196.90 Thousands of Tonnes [+]
Copper Production 40905.00 39758.00 43837.00 17401.00 Tonnes [+]
Ease of Doing Business 25.00 28.00 64.00 25.00 [+]
Corruption Index 34.00 31.00 34.00 21.00 Points [+]
Corruption Rank 113.00 124.00 150.00 65.00 [+]
Steel Production 325.00 230.00 529.00 56.00 Thousand Tonnes [+]
Services Pmi 52.20 46.00 52.20 12.60 points [+]
Mining Production 9.10 5.60 30.00 -15.90 percent [+]
Manufacturing Pmi 52.60 49.90 52.90 39.30 points [+]


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.