Kazakhstan's GDP growth expanded to 4.5 percent in 2019, the same as in the previous year, the country's Prime Minister Askar Mamin said on Friday. The Prime Minister also added that all main sectors of the economy have shown growth and that will have a positive impact on the living standards of the population. Kazakhstan GDP Annual Growth Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
GDP Annual Growth Rate in Kazakhstan averaged 4.90 percent from 1995 until 2019, reaching an all time high of 14.10 percent in the second quarter of 2001 and a record low of -9.20 percent in the third quarter of 1995. This page provides the latest reported value for - Kazakhstan GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
GDP Annual Growth Rate in Kazakhstan is expected to be 4.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Kazakhstan to stand at 3.50 in 12 months time. In the long-term, the Kazakhstan GDP Annual Growth Rate is projected to trend around 3.80 percent in 2021 and 3.60 percent in 2022, according to our econometric models.