The Atyrau bridge in Kazakhstan

Kazakhstan Private consumption

Kazakhstan Private consumption

Private Consumption in Kazakhstan

The Kazakhstan economy recorded average private consumption growth of 3.3% in the decade to 2022, above the 2.1% average for Eastern Europe. In 2022, private consumption growth was 2.0%. For more private consumption information, visit our dedicated page.

Kazakhstan Private consumption Chart

Note: This chart displays Private Consumption (annual variation in %) for Kazakhstan from 2013 to 2022.
Source: Agency of Statistics Kazakhstan.

Kazakhstan Private consumption Data

2018 2019 2020 2021 2022
Private Consumption (ann. var. %) 6.1 6.1 -3.7 6.3 2.0

GDP growth records slowest increase since Q4 2022 in the third quarter

According to a preliminary estimate, GDP growth lost momentum in the third quarter, falling to 4.7% year on year from 5.3% in the second quarter. Q3's reading marked the worst result since Q4 2022.

All sectors of the economy contributed similarly to growth in the first three quarters as they had in the first two. The primary drivers of growth were the wholesale and retail trade, industry, and construction sectors. A more detailed release is scheduled for 28 December.

Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Kazakhstani private consumption projections for the next ten years from a panel of 11 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable private consumption forecast available for Kazakhstani private consumption.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Kazakhstani private consumption projections.

Want to get access to the full dataset of Kazakhstani private consumption forecasts? Send an email to

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