Latest reading: Industrial output declined 1.3% month-on-month in seasonally adjusted terms in June (May: +1.1% mom). Looking at the details...
Industrial Production in Kazakhstan
The Kazakhstani economy recorded an average industrial production growth rate of 2.0% in the decade to 2024. In 2024, industrial production growth was 7.5%. For more industry information, visit our dedicated page.
Kazakhstan Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Kazakhstan from 2015 to 2014.
Source: Macrobond.
Kazakhstan Industry Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | -0.7 | 3.6 | 0.9 | 4.3 | 2.8 |
Industrial output growth improves in June
Latest reading: Industrial output expanded 7.2% year on year in June (May: +5.8% yoy). The improvement was driven by faster growth in manufacturing production plus mining and quarrying output. In contrast, energy production rose at a softer pace. Meanwhile, annual average industrial production growth rose to 4.6% in June (May: +4.2%). This signals an improving trend in the industrial sector.
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 industry projections for the next ten years from a panel of 9 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 industry forecast available for Kazakhstani industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Kazakhstani industry projections.
Want to get access to the full dataset of Kazakhstani industry forecasts? Send an email to info@focus-economics.com.
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