GDP in Kazakhstan

Kazakhstan GDP (EUR bn) | Economic News & Forecasts

Kazakhstan - GDP (billions of Euros)

A first estimate showed that the growth reached a two-year high in the third quarter. Industrial production picked up on the back of upbeat oil output, while activity in the construction and services sectors accelerated in the quarter. Retail sales growth, however, moderated in Q3 despite rising wages, pointing to a slowdown in private consumption. Moreover, external sector metrics were more downbeat in Q3, with goods exports swinging to contraction and merchandise import growth rising. Turning to Q4, the economy maintained pace in January–October, underpinned by buoyant activity in the industrial, construction and retail trade sectors. That said, challenging conditions in the external sector appear to have persisted. On 11 November, Russia’s state-owned pipeline operator agreed to compensate 14 Kazak companies for oil contamination in the Druzhba pipeline.

Kazakhstan - GDP (EUR bn) Data

2013  2014  2015  2016  2017  
GDP (EUR bn)169  180  110  133  133  

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Kazakhstan Facts

Exchange Rate386.00.32 %Nov 21
Stock Market0.10.0 %Nov 20

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