Exports in Kazakhstan

Kazakhstan Exports | Economic News & Forecasts

Kazakhstan - Exports

Kazakhstan appears to have performed solidly in 2018. Although economic activity decelerated slightly in the fourth quarter, it remained robust thanks to higher oil production and buoyant domestic demand, following healthy growth in the previous three quarters. Moreover, activity in the industrial sector strengthened despite a marked retreat in oil prices and weaker global growth, while a solid expansion in private credit likely continued to shore up household spending in the final quarter against the backdrop of relatively muted inflationary pressures. Heading into 2019, a 50% rise in the minimum wage, which came into effect at the start of the year, should support private consumption, while a targeted stimulus program announced by President Nazarbayev in late 2018 should boost overall growth.

Kazakhstan - Exports Data

2013  2014  2015  2016  2017  
Exports (USD billion)85.6  80.3  46.5  37.3  49.3  

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Note: Exports in USD bn.
Source: Agency of Statistics

Kazakhstan Facts

ValueChangeDate
Exchange Rate375.70.32 %Feb 21
Stock Market0.10.0 %Feb 20

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