AEIR 2017

Kazakhstan’s economy continued to gain speed in 2017, growing by 4.0% in the said year from 1.1% in 2016. The industry sector helped propel growth in the country, after a reversal in the sector, from a 0.4% decline in 2016 to a 7.1% growth in 2017. The services sector likewise supported expansion, with a 2.7% growth in the sector. On the demand side, increases in net exports, export volume, and private construction supported growth. Recovery is still fragile in Kazakhstan and growth is expected to moderate in 2018 and 2019, with forecasts at 3.2% and 3.5%, respectively.

Source: Asian Development Outlook 2018, ADB.
Latest Month-Ago Year-Ago
Composite Stock Price Index 1 2.0 (Aug18)2.0 1.0
Broad Money Growth 2 4.1 (Jul18)4.1 1.4
Headline Inflation Rate 3 6.0 (Aug18)5.9 7.0
Industrial/ Manufacturing Production Growth Rate 3 4.4 (Jul18)4.2 7.4
Merchandise Export Growth 3 28.2 (Mar18)28.2 29.5
Exchange Rate Index 4 269.0 (Aug18)258.9 250.7
1 Monthly average, local index.
2 %.
3 y-o-y, %.
4 Monthly average, January 2006 = 100, $/local currency.
Source: Bloomberg LP; CEIC database.