The economy of Kazakhstan expanded by 5.0 percent year-on-year in May of 2021, following a near 10-year high of 11.7 percent in the prior month. Economic activity was mainly lifted by industrial production (3.6 percent vs 3.0 percent in April); retail trade (13.3 percent vs 41.7 percent); construction works (7.4 percent vs 11.0 percent); agricultural, forestry, and fishing activities (3.3 percent vs 3.2 percent); and communication services (13.8 percent vs 14.8 percent). Meanwhile, fixed capital investment fell 3.3 percent in May, following a 3.0 percent increase in April. Considering the January-May period of 2021, output advanced 2.0 percent from the same period a year earlier. source: Agency of Statistics of the Republic of Kazakhstan

Leading Economic Index in Kazakhstan averaged 3.13 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 June of 2021.

Leading Economic Index in Kazakhstan is expected to be 5.50 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.

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Kazakhstan Short-Term Economic Indicator

Actual Previous Highest Lowest Dates Unit Frequency
5.00 11.70 15.40 -11.70 2008 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-03-15 07:00 PM Feb -2.3% -5.8% -4.8%
2021-04-14 10:00 AM Mar -1.8% -2.3% -1.5%
2021-06-04 09:30 AM Apr 11.7% 2.3% 1.4%
2021-06-15 09:50 AM May 5.0% 11.7% 23%
2021-07-15 10:00 AM Jun 5.0%
2021-08-17 10:00 AM Jul
2021-09-16 10:00 AM Aug
2021-10-15 10:00 AM Sep


News Stream
Kazakhstan Economy Advances 5% in May
The economy of Kazakhstan expanded by 5.0 percent year-on-year in May of 2021, following a near 10-year high of 11.7 percent in the prior month. Economic activity was mainly lifted by industrial production (3.6 percent vs 3.0 percent in April); retail trade (13.3 percent vs 41.7 percent); construction works (7.4 percent vs 11.0 percent); agricultural, forestry, and fishing activities (3.3 percent vs 3.2 percent); and communication services (13.8 percent vs 14.8 percent). Meanwhile, fixed capital investment fell 3.3 percent in May, following a 3.0 percent increase in April. Considering the January-May period of 2021, output advanced 2.0 percent from the same period a year earlier.
2021-06-15
Kazakhstan Economic Growth at Near 10-Year High
The economy of Kazakhstan advanced 11.7 percent year-on-year in April of 2021, following a revised 2.3 percent growth in the prior month. It was the highest increase in output since October of 2011, as economic activity was underpinned by industrial production (3.0 percent); retail trade (41.7 percent); construction works (11.0 percent); agricultural, forestry, and fishing activities (3.2 percent); and communication services (14.8 percent).
2021-06-04
Kazakhstan GDP Shrinks Less in February
The economy of Kazakhstan shrank 2.3 percent year-on-year in February of 2021, following a 5.8 percent drop in the previous period, amid looser coronavirus restrictions. Considering the January-February period of 2021, output fell 4.0 percent, compared to the same period a year ago. The Kazakh government expects the economy to grow by 3 percent in 2021, while the World Bank set a more modest 2.5 percent expansion.
2021-03-15
Kazakhstan Economy Contracts in January
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.
2021-02-16

Kazakhstan Short-Term Economic Indicator
Short-term economic indicator in Kazakhstan is calculated on the basis of real growth rate in six branches of economy - agriculture, industry, construction, trade, transport and communications.