The economy of Kazakhstan shrank 5.8 percent year-on-year in January of 2021, after rising 0.7 percent in the previous period. It was the sharpest decline in economic activity since last July, amid tighter coronavirus restrictions. Output fell primarily in industrial activities (-4.1 percent); transportation & storage (-17.4 percent); retail trade (-4.6 percent) and wholesale trade (-7.3 percent). The Kazakh government expects the economy to grow by 3 percent in 2021. source: Agency of Statistics of the Republic of Kazakhstan
Leading Economic Index in Kazakhstan averaged 3.11 percent from 2008 until 2021, reaching an all time high of 15.40 percent in December of 2009 and a record low of -11.70 percent in July of 2020. This page provides - Kazakhstan Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Short-Term Economic Indicator - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Leading Economic Index in Kazakhstan is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Kazakhstan to stand at 5.00 in 12 months time. In the long-term, the Kazakhstan Short-Term Economic Indicator is projected to trend around 5.00 percent in 2022, according to our econometric models.