Kazakhstan Business Confidence2022 Data - 2023 Forecast - 2008-2021 Historical

Name: Kazakhstan Business Confidence
Creator: TRADING ECONOMICS
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Keywords: Kazakhstan,Business Confidence,data,chart,actual,historical,values,calendar,forecast,graph,2022,2023,2024

Business Confidence in Kazakhstan decreased to 2 points in the fourth quarter of 2022 from 5 points in the third quarter of 2022. source: Agency of statistics of the Republic of Kazakhstan

Business Confidence in Kazakhstan averaged 6.48 points from 2008 until 2022, reaching an all time high of 15.00 points in the fourth quarter of 2010 and a record low of -2.00 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 March of 2023.

Business Confidence in Kazakhstan is expected to be 6.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Business Confidence is projected to trend around 5.00 points in 2024 and 4.00 points in 2025, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Business Confidence	2.00	5.00	points	Dec 2022
Industrial Production Mom	1.30	-13.10	percent	Feb 2023
Industrial Production	1.70	1.40	percent	Feb 2023
Manufacturing Production	3.40	1.60	percent	Feb 2023
Changes in Inventories	2363900.00	1277878.00	KZT Million	Sep 2022
Mining Production	-0.20	1.20	percent	Feb 2023
Copper Production	31158.00	36133.00	Tonnes	Feb 2023
Cement Production	587.90	341.70	Thousands of Tonnes	Feb 2023
Leading Economic Index	5.00	4.70	percent	Sep 2021

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.