Industrial Production in Kazakhstan increased 0.50 percent in May of 2020 over the same month in the previous year.

Industrial Production in Kazakhstan averaged 5.15 percent from 1999 until 2020, reaching an all time high of 23.30 percent in June of 2001 and a record low of -7.80 percent in April of 1999. This page provides - Kazakhstan Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.

Industrial Production in Kazakhstan is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Kazakhstan to stand at 5.70 in 12 months time. In the long-term, the Kazakhstan Industrial Production is projected to trend around 5.70 percent in 2021, according to our econometric models.

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Kazakhstan Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
0.50 6.20 23.30 -7.80 1999 - 2020 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-03-16 10:00 AM Feb 7.5% 4.1% 3.3%
2020-04-15 09:00 AM Mar 5.9% 7.5% 5.5%
2020-05-15 11:00 AM Apr 6.2% 5.9% 4.5%
2020-06-16 10:00 AM May 0.5% 6.2% 7.3%
2020-07-16 10:00 AM Jun 0.5% 1.9%
2020-08-17 10:00 AM Jul
2020-09-16 10:00 AM Aug
2020-10-19 10:00 AM Sep 0.7%

News Stream
Kazakhstan Industrial Production Growth Accelerates
Industrial production in Kazakhstan increased 5.4 percent year-on-year in October of 2019, accelerating from a 3.7 percent growth in the previous month, as mining production rose faster (9.4 percent vs 3.0 percent in September). In contrast, manufacturing output went up at a much softer pace (1.5 percent vs 4.7 percent). On a monthly basis, industrial production jumped 3.0 percent, rebounding from a 2.2 percent drop in the prior month.
Kazakhstan Industrial Output Rebounds in June
Industrial production in Kazakhstan increased 5.9 percent year-on-year in June of 2019, rebounding from a 1.6 percent drop in the previous month. Mining & quarrying output rebounded (8.6 percent vs -6.7 percent in May) while electricity, gas, steam & air conditioning supply advanced faster (6.3 percent vs 5.8 percent). On the other hand, manufacturing production went up at a softer pace (2.5 percent vs 3.8 percent).

Kazakhstan Industrial Production
In Kazakhstan, industrial production measures the output of businesses integrated in industrial sector of the economy. Mining and quarrying is the most important sector and accounts for 50 percent of total production. The biggest segment within mining is crude petroleum and natural gas extraction. Manufacturing accounts for 40 percent. The biggest segments within manufacturing are: metallurgy (15 percent); food production (7 percent) and mechanical engineering (4 percent). Electricity, gas, steam and air conditioning supply accounts for 8 percent of total output and water supply, sewerage, waste management and remediation for 1 percent.