Kazakhstan's GDP grew by 6.3% in January–July 2025 compared to the same period in 2024, according to the country's Bureau of National Statistics, experts from Forbes.kz report. For the full year 2024, Kazakhstan’s GDP amounted to approximately $242 billion, showing a 4.2% increase compared to 2023.
Goods production rose by 8.3%, while services increased by 5.2%. The largest contributions came from transport and warehousing (+22.5%), construction (+18.5%), trade (+8.6%), mining (+8.5%), and manufacturing (+6.1%).
Kazakhstan’s foreign trade also grew in January–July 2025, with exports reaching $54.2 billion and imports $42.7 billion, reflecting a positive trade balance.
The growth in the transport sector is linked to increased railway, pipeline, and road freight. In construction, the leading regions were Turkestan (+34.6%), Aktobe (+25.6%), Zhambyl (+13.1%), and East Kazakhstan (+5.9%), driven by social, road, and energy infrastructure projects.
In trade, the wholesale sector rose by 9.5%, accounting for two-thirds of overall growth, while retail increased by 6.6%. The strongest dynamics were recorded in Kostanay, North Kazakhstan, and the capital, Astana.
Industry as a whole grew by 6.9%, with machinery production up 14%, food products +9.2%, petroleum products +8.6%, and chemical products +6%.
Agriculture expanded by 3.7%, including livestock farming, which grew 3.4% due to higher milk yields and increased slaughter of cattle and poultry.
International organizations forecast Kazakhstan’s economic growth in 2025 between 4.9% (EBRD) and 5.5% (ADB). The National Bank of Kazakhstan expects GDP growth of 5–6%.
CentralasianLIGHT.org
August 13, 2025