Industry in Kazakhstan

Kazakhstan Industry | Economic News & Forecasts

Kazakhstan - Industry

Industrial production growth picks up at the outset of the new year

The industrial sector regained some lost ground in January following a marked slowdown in December. In January, industrial output grew 1.9% over the same month of the previous year, after a meagre 0.1% year-on-year expansion in December.

A breakdown of the sub-sectors showed that January’s upturn was across-the-board. The water supply, sewerage system and waste management sector saw the biggest turnaround, rebounding sharply. Meanwhile, mining output accelerated, and the electricity, gas and steam supply also returned to growth, albeit mild, following five months of contraction. However, manufacturing output saw another notable drop, although the rate of contraction eased slightly from the previous month.

Kazakhstan Industrial Production Forecast

FocusEconomics panelists expect industrial production to expand 3.3% in 2019, which is down 0.6 percentage points from last month’s forecast, and 2.9% in 2020.

Kazakhstan - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)2.3  0.2  -1.6  -1.2  7.2  

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Note: Industrial production, annual variation in %.
Source: Agency of Statistics

Kazakhstan Facts

Exchange Rate376.40.32 %Feb 20
Stock Market0.10.0 %Feb 20

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