Industry in Kazakhstan

Kazakhstan Industry | Economic News & Forecasts

Kazakhstan - Industry

Industrial activity deteriorates in January

Industrial output dropped 4.1% in January in annual terms (December: +0.3% yoy). The figure was partly driven by a deterioration in manufacturing production. In addition, mining and quarrying production fell markedly, amid the OPEC+ production cuts.

Meanwhile, the trend pointed down, with the annual average variation of industrial production coming in at minus 1.4%, down from December's minus 0.7%.

FocusEconomics panelists project industrial production to grow 3.1% in 2021, which is unchanged from last month’s forecast. In 2022, they see it expanding 3.8%.

Kazakhstan - Industry Data

2015   2016   2017   2018   2019  
Industrial Production (annual variation in %)-1.6  -1.2  7.2  4.1  3.9  

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

Kazakhstan Facts

Value Change Date
Exchange Rate382.90.32 %Jan 01
Stock Market0.10.0 %Jan 07

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