GDP in Kazakhstan

Kazakhstan GDP (EUR bn) | Economic News & Forecasts

Kazakhstan - GDP (billions of Euros)

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 - GDP (EUR bn) Data

2013  2014  2015  2016  2017  
GDP (EUR bn)169  180  111  133  130  

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Kazakhstan Facts

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

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