AEIR 2018

Central Asia’s largest economy expanded by 4.1% in the first quarter of 2018, compared to 3.6% in the previous year. The industry sector’s strong recovery supported Kazakhstan’s growth, in addition to a 1.2% rebound in real income in the first 4 months of 2018. Government initiatives slated for the latter half of the year will likely improve growth prospects, as the initiatives target lower-income citizens and stimulate growth in private consumption.

Kazakhstan’s economy is expected to grow by 3.7% in 2018 and 3.9% in 2019.
Source: Asian Development Outlook 2018, ADB.
Latest Month-Ago Year-Ago
Composite Stock Price Index 1 2.0 (Apr19)2.0 2.0
Broad Money Growth 2 2.4 (Mar19)2.4 3.7
Headline Inflation Rate 3 4.9 (Apr19)4.8 6.5
Industrial/ Manufacturing Production Growth Rate 3 4.2 (Mar19)3.5 4.7
Merchandise Export Growth 3 -3.3 (Feb19)-3.3 31.0
Exchange Rate Index 4 285.4 (Apr19)284.4 244.7
1 Monthly average, local index.
2 %.
3 y-o-y, %.
4 Monthly average, January 2006 = 100, $/local currency.
Source: Bloomberg LP; CEIC database.

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