Unemployment in Kazakhstan

Kazakhstan Unemployment | Economic News & Forecasts

Kazakhstan - Unemployment

Expenditure-side national accounts revealed that economic activity slowed in the first quarter on decelerating export growth, against the backdrop of ebbing global momentum and volatility in commodity markets. Domestically, activity remained solid nonetheless: Government expenditure rebounded and household spending grew healthily. Second-quarter data looks brighter. In June, the short-term economic activity indicator improved, on a strong recovery in industrial production, as completed maintenance works in the Kashagan field boosted oil output. In turn, merchandise exports bounced back to growth in April–May, further supporting Q2’s momentum. Meanwhile, earlier this month policymakers announced plans to ramp up oil exports to China in H2 2020, which should boost production in small- and medium-sized rigs located in the eastern part of the country.

Kazakhstan - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate5.2  5.0  5.1  4.9  4.9  

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Kazakhstan Unemployment Chart

Kazakhstan Unemployment
Note: Unemployment as % of active population (aop).
Source: Agency of Statistics

Kazakhstan Facts

Exchange Rate384.40.32 %Jul 31
Stock Market0.10.0 %Jul 22

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