Markets Actual Q1 Q2 Q3 Q4 2020
Currency 379.07 387 389 392 394 399
Stock Market (points) 2323.35 2282 2259 2236 2213 2169
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 4.10 2.9 3.2 3.8 3.4 3.8
Unemployment Rate (%) 4.90 4.6 4.7 4.9 5 4.7
Inflation Rate (%) 5.30 5.9 5.1 5.2 5.5 4.7
Interest Rate (%) 9.25 9.25 9.5 9.5 9.75 9.75
Balance of Trade (USD Million) 1800.40 3063 3152 3208 1100 1000
Current Account (USD Million) -117.90 -214 -347 -191 -284 -586
Current Account to GDP (%) -3.20 0.2 0.2 0.2 0.2 0.7
Government Debt to GDP (%) 17.40 20 20 20 20 18
Government Budget (% of GDP) -2.80 -1.7 -1.7 -1.7 -1.7 -1.5
Business Confidence (Index Points) 1.00 5 13 11 8 10
Consumer Confidence (Index Points) 79.00 79 81 83 85 87
Retail Sales Mom (%) 1.10 0.5 1.5 1.8 1.65 2.9
Corporate Tax Rate (%) 20.00 20 20 20 20 20
Personal Income Tax Rate (%) 10.00 10 10 10 10 10
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 4.10 2.9 3.2 3.8 3.4 3.8
GDP (USD Billion) 159.41 205 205 205 205 220
GDP Constant Prices (KZT Billion) 39874.13 11740 24639 40632 41230 42797
Gross Fixed Capital Formation (KZT Billion) 7683.00 2212 4362 4375 4439 4608
GDP per capita (USD) 10857.38 10935 10935 10935 10935 11047
GDP per capita PPP (USD) 24055.59 24483 24483 24483 24483 24563
Gross National Product (KZT Million) 51966817.40 52720336 52798286 52954187 53733689 55775569
GDP From Agriculture (KZT Million) 1659880.30 241545 615761 1691418 1716316 1781536
GDP From Construction (KZT Million) 2132903.00 404835 1179726 2213953 2205422 2289228
GDP From Manufacturing (KZT Million) 4652754.90 1540800 3040258 4741157 4810949 4993765
GDP From Mining (KZT Million) 6254141.60 1937401 4323905 6491799 6466782 6712520
GDP From Public Administration (KZT Million) 877859.90 214560 437252 911219 907707 942200
GDP From Services ( KZT Million) 21362451.60 6669259 13731303 21768338 22088775 22928148
GDP From Transport (KZT Million) 3013862.50 977271 2013624 3071126 3116334 3234755
GDP From Utilities (KZT Million) 806649.50 317345 561152 821976 834076 865770
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 4.90 4.6 4.7 4.9 5 4.7
Unemployed Persons (Thousand ) 445.10 436 436 436 436 434
Long Term Unemployment Rate (%) 2.20 2 2.1 2.2 2.2 1.9
Wages (KZT/Month) 174642.00 164000 159750 163000 168000 174000
Minimum Wages (KZT/Monthly) 42500.00 42500 42500 42500 42500 44000
Population (Million) 17.92 18.8 18.8 18.8 18.8 19.3
Living Wage Family (KZT/Month) 128600.00 118000 118000 118000 118000 120000
Living Wage Individual (KZT/Month) 85600.00 86500 86500 86500 86500 87000
Employed Persons (Thousand) 8727.90 8585 8590 8612 8600 8650
Wages High Skilled (KZT/Month) 137400.00 152000 152000 152000 152000 156100
Wages In Manufacturing (KZT/Month) 183106.00 186200 199100 187500 188800 200000
Wages Low Skilled (KZT/Month) 73200.00 73500 73500 73500 73500 73700
Youth Unemployment Rate (%) 3.90 4.3 4.3 4.2 4.3 4.1
Retirement Age Men 63.00 63 63 63 63 63
Retirement Age Women 58.00 58 58 58 58 58
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 5.30 5.9 5.1 5.2 5.5 4.7
Consumer Price Index CPI (Index Points) 751.50 769 769 775 781 817
Core Inflation Rate (%) 6.40 6.4 6.6 6.2 5.9 5.3
Producer Prices (Index Points) 1134.47 1287 1345 1395 1400 1503
Inflation Rate Mom (%) 0.70 0.5 0.4 0.2 0.7 0.5
Import Prices (Index Points) 99.60 100 100 100 100 101
GDP Deflator (Index Points) 105.60 105 105 102 102 113
Food Inflation (%) 4.80 3.7 3.5 3.2 2.9 2.7
Export Prices (Index Points) 99.90 101 101 99.8 98 96
CPI Transportation (Index Points) 104.60 117 115 113 110 116
Producer Prices Change (%) 12.40 24.5 23.3 20.9 19.2 7.3
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 9.25 9.25 9.5 9.5 9.75 9.75
Interbank Rate (%) 10.25 10.25 10.5 10.5 10.75 10.75
Money Supply M0 (KZT Million) 2082467.00 2142000 2145000 2149000 2152000 2155000
Money Supply M1 (KZT Million) 5051957.00 5508000 5511000 5516000 5519000 5525000
Money Supply M2 (KZT Million) 14041534.00 15643000 15931000 16215000 16496000 17599000
Money Supply M3 (KZT Million) 19896584.00 21380000 21480000 21530000 21590000 21680000
Foreign Exchange Reserves (USD Million) 30909.00 31222 31360 31470 32400 35100
Banks Balance Sheet (KZT Thousand) 24538039646.00 23300000000 22900000000 24100000000 25200000000 24700000000
Central Bank Balance Sheet (KZT Million) 8601553.00 6760000 6770000 6850000 7000000 8080000
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) 1800.40 3063 3152 3208 1100 1000
Current Account (USD Million) -117.90 -214 -347 -191 -284 -586
Current Account to GDP (%) -3.20 0.2 0.2 0.2 0.2 0.7
Imports (USD Million) 2880.80 2721 2739 2582 2547 2510
Exports (USD Million) 4681.20 5784 5891 5790 5641 5890
External Debt (USD Million) 161461.00 166500 167400 168000 168550 165774
Capital Flows (USD Million) 459.60 67.6 -644 -814 -707 -682
Gold Reserves (Tonnes) 345.40 329 333 340 343 349
Crude Oil Production (BBL/D/1K) 1680.00 1807 1825 1837 1859 1870
Foreign Direct Investment (USD Million) 5023.06 5774 5864 5858 6100 4300
Remittances (USD Million) 113.27 94.2 98.3 99.5 100 98
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 17.40 20 20 20 20 18
Government Budget (% of GDP) -2.80 -1.7 -1.7 -1.7 -1.7 -1.5
Government Budget Value (KZT Million) -729188.10 -4631868 -1946830 6472081 -710000 -680000
Government Spending (KZT Million) 3632435.30 1081241 2441781 2455977 2446513 2539480
Government Revenues (KZT Million) 10808572.90 993000 3550000 8280000 15590000 17700000
Government Debt (USD Thousand) 16711326.00 19350000 19890000 19100000 19090000 19120000
Military Expenditure (USD Million) 1183.84 1400 1400 1400 1400 1500
Taxes Actual Q1 Q2 Q3 Q4 2020
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 (%) 11.00 11 11 11 11 11
Social Security Rate For Companies (%) 11.00 11 11 11 11 11
Business Actual Q1 Q2 Q3 Q4 2020
Business Confidence (Index Points) 1.00 5 13 11 8 10
Industrial Production (%) 0.10 3.8 4.5 4.26 6.2 5.7
Industrial Production Mom (%) 3.00 -0.6 -1.8 -2.6 0.2 0.6
Manufacturing Production (%) -5.40 4.2 2.5 4.7 5.1 4.5
Changes in Inventories (KZT Million) 2078511.00 490000 1185000 2220000 2620000 2700000
Leading Economic Index (%) 3.30 4.2 3.9 4 4.2 6.5
Car Registrations 3853048.00 3780000 3775000 3760000 3750000 3745000
Cement Production (Thousands of Tonnes ) 435.80 527 1158 1061 578 620
Copper Production (Tonnes) 37215.00 33170 32140 31150 30900 32200
Mining Production (%) 3.60 3.7 3.5 4.8 5.1 3.8
Steel Production (Thousand Tonnes) 370.00 398 407 426 439 450
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Confidence (Index Points) 79.00 79 81 83 85 87
Retail Sales Mom (%) 1.10 0.5 1.5 1.8 1.65 2.9
Retail Sales Yoy (%) 7.10 3.8 4.1 6.2 6.8 6
Consumer Spending (KZT Million) 19373153.10 5876494 12399896 12436510 12619580 13099124
Consumer Credit (KZT Million) 5266832.00 4870000 4920000 4990000 5100000 5250000
Gasoline Prices (USD/Liter) 0.48 0.45 0.44 0.43 0.42 0.42
Housing Actual Q1 Q2 Q3 Q4 2020
Housing Index (Index Points) 102.10 104 104 104 105 106
Construction Output (%) 2.40 -6.9 5.4 -0.8 1.3 10.1


This page has economic forecasts for Kazakhstan including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Kazakhstan economy.