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 (Oct18)2.0 2.0
Broad Money Growth 2 -3.6 (Sep18)-3.6 1.9
Headline Inflation Rate 3 5.3 (Oct18)6.1 7.7
Industrial/ Manufacturing Production Growth Rate 3 5.5 (Sep18)1.9 6.9
Merchandise Export Growth 3 50.5 (Aug18)50.5 36.2
Exchange Rate Index 4 275.8 (Oct18)276.2 253.2
1 Monthly average, local index.
2 %.
3 y-o-y, %.
4 Monthly average, January 2006 = 100, $/local currency.
Source: Bloomberg LP; CEIC database.