Kazakhstan Forecast: Real GDP Growth

1993 - 2028 | Yearly | % | International Monetary Fund

Key information about Kazakhstan Forecast: Real GDP Growth

  • Kazakhstan Real GDP Growth is forecasted to be 4.800 % in Dec 2023 as reported by International Monetary Fund.
  • It records an increase from the last reported number of 3.300 % in Dec 2022.
  • Looking ahead, Kazakhstan Real GDP Growth is projected to stand at 2.778 % in Dec 2028.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

View Kazakhstan's Forecast: Real GDP Growth from 1993 to 2028 in the chart:

Kazakhstan Forecast: Real GDP Growth

What is Kazakhstan's Forecast: Real GDP Growth in 2028?

Kazakhstan Real GDP Growth is forecasted to be 4.800 % in Dec 2023 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.778 2028 2.713 2027 -12.580 1994 13.499 2001 % yearly 1993 - 2028

Forecast: Real GDP Growth by Country Comparison

country/region Last Frequency Range
Afghanistan (%) 2.711 2023 yearly 2003 - 2023
Albania (%) 3.400 2028 yearly 1980 - 2028
Algeria (%) 1.782 2028 yearly 1980 - 2028
Andorra (%) 1.500 2028 yearly 2001 - 2028
Angola (%) 4.230 2028 yearly 1980 - 2028
Antigua and Barbuda (%) 2.685 2027 yearly 1980 - 2027
Argentina (%) 2.000 2027 yearly 1980 - 2027
Armenia (%) 4.500 2028 yearly 1993 - 2028
Aruba (%) 1.100 2028 yearly 1987 - 2028
Australia (%) 2.279 2027 yearly 1980 - 2027
Austria (%) 1.527 2028 yearly 1980 - 2028
Azerbaijan (%) 2.572 2028 yearly 1993 - 2028
Bahamas (%) 1.496 2027 yearly 1980 - 2027
Bahrain (%) 2.733 2028 yearly 1980 - 2028
Bangladesh (%) 9.531 2021 yearly 1980 - 2021
Barbados (%) 1.840 2027 yearly 1980 - 2027
Belarus (%) 0.741 2028 yearly 1993 - 2028
Belgium (%) 1.289 2028 yearly 1980 - 2028
Belize (%) 2.012 2027 yearly 1980 - 2027
Benin (%) 5.934 2028 yearly 1980 - 2028
Bhutan (%) 5.114 2029 yearly 1980 - 2029
Bolivia (%) 3.400 2027 yearly 1980 - 2027
Bosnia and Herzegovina (%) 3.000 2028 yearly 1997 - 2028
Botswana (%) 3.957 2028 yearly 1980 - 2028
Brazil (%) 2.015 2028 yearly 1980 - 2028
Brunei (%) 2.112 2027 yearly 1986 - 2027
Bulgaria (%) 2.840 2028 yearly 1980 - 2028
Burkina Faso (%) 5.258 2027 yearly 1980 - 2027
Burundi (%) 4.565 2027 yearly 1980 - 2027
Cambodia (%) 6.500 2027 yearly 1988 - 2027
Cameroon (%) 4.898 2027 yearly 1980 - 2027
Canada (%) 1.643 2029 yearly 1980 - 2029
Cape Verde (%) 4.498 2027 yearly 1980 - 2027
Central African Republic (%) 3.347 2028 yearly 1980 - 2028
Chad (%) 3.508 2027 yearly 1980 - 2027
Chile (%) 2.459 2027 yearly 1980 - 2027
China (%) 3.437 2028 yearly 1980 - 2028
Colombia (%) 3.345 2028 yearly 1980 - 2028
Comoros (%) 4.342 2027 yearly 1980 - 2027
Congo (%) 3.980 2028 yearly 1980 - 2028
Costa Rica (%) 3.243 2027 yearly 1980 - 2027
Croatia (%) 2.800 2028 yearly 1993 - 2028
Cyprus (%) 2.983 2029 yearly 1980 - 2029
Czech Republic (%) 2.501 2027 yearly 1996 - 2027
Democratic Republic of Congo (%) 6.482 2028 yearly 1980 - 2028
Denmark (%) 1.800 2027 yearly 1980 - 2027
Djibouti (%) 5.000 2028 yearly 1992 - 2028
Dominica (%) 2.685 2028 yearly 1980 - 2028
Dominican Republic (%) 4.985 2028 yearly 1980 - 2028
Ecuador (%) 2.751 2028 yearly 1980 - 2028
Egypt (%) 5.984 2028 yearly 1980 - 2028
El Salvador (%) 1.965 2027 yearly 1980 - 2027
Equatorial Guinea (%) -0.981 2027 yearly 1980 - 2027
Eritrea (%) 2.925 2028 yearly 1993 - 2028
Estonia (%) 3.300 2027 yearly 1994 - 2027
Swaziland (%) 2.278 2027 yearly 1980 - 2027
Ethiopia (%) 6.953 2028 yearly 1980 - 2028
Fiji (%) 3.459 2028 yearly 1980 - 2028
Finland (%) 1.519 2029 yearly 1980 - 2029
France (%) 1.450 2028 yearly 1980 - 2028
Gabon (%) 3.809 2027 yearly 1981 - 2027
Gambia (%) 5.000 2027 yearly 1980 - 2027
Georgia (%) 5.198 2028 yearly 1995 - 2028
Germany (%) 1.134 2028 yearly 1980 - 2028
Ghana (%) 6.774 2027 yearly 1980 - 2027
Greece (%) 1.355 2027 yearly 1980 - 2027
Grenada (%) 2.849 2027 yearly 1980 - 2027
Guatemala (%) 3.900 2028 yearly 1980 - 2028
Guinea (%) 5.187 2027 yearly 1980 - 2027
Guinea-Bissau (%) 5.000 2027 yearly 1981 - 2027
Guyana (%) 3.320 2027 yearly 1980 - 2027
Haiti (%) 1.500 2027 yearly 1980 - 2027
Honduras (%) 3.940 2027 yearly 1980 - 2027
Hong Kong SAR, China (%) 2.849 2027 yearly 1980 - 2027
Hungary (%) 3.150 2027 yearly 1980 - 2027
Iceland (%) 2.432 2029 yearly 1980 - 2029
India (%) 6.042 2029 yearly 1981 - 2029
Indonesia (%) 5.117 2027 yearly 1980 - 2027
Iran (%) 2.047 2029 yearly 1981 - 2029
Iraq (%) 2.625 2027 yearly 1999 - 2027
Ireland (%) 3.010 2027 yearly 1980 - 2027
Israel (%) 3.499 2027 yearly 1980 - 2027
Italy (%) 0.882 2028 yearly 1980 - 2028
Ivory Coast (%) 6.000 2028 yearly 1980 - 2028
Jamaica (%) 1.600 2027 yearly 1980 - 2027
Japan (%) 0.409 2028 yearly 1980 - 2028
Jordan (%) 3.300 2027 yearly 1980 - 2027
Kazakhstan (%) 2.778 2028 yearly 1993 - 2028
Kenya (%) 5.516 2027 yearly 1980 - 2027
Kiribati (%) 1.971 2027 yearly 1980 - 2027
South Korea (%) 2.340 2027 yearly 1980 - 2027
Kosovo (%) 3.800 2029 yearly 2001 - 2029
Kuwait (%) 2.655 2027 yearly 1980 - 2027
Kyrgyzstan (%) 3.977 2028 yearly 1993 - 2028
Laos (%) 4.496 2028 yearly 1980 - 2028
Latvia (%) 3.377 2027 yearly 1993 - 2027
Lebanon (%) -22.000 2020 yearly 1980 - 2020
Lesotho (%) 2.084 2030 yearly 1981 - 2030
Liberia (%) 5.680 2027 yearly 2001 - 2027
Libya (%) 3.588 2027 yearly 1980 - 2027

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Kazakhstan Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.4 Jun 2024 quarterly Dec 2008 - Jun 2024
Consolidated Fiscal Balance (USD mn) 3,107.694 Aug 2024 monthly Nov 2007 - Aug 2024
Tax Revenue (USD mn) 8,209.034 Aug 2024 monthly Nov 2007 - Aug 2024
Tax Revenue: % of GDP (%) 15.3 Dec 2023 quarterly Mar 2008 - Dec 2023
National Government Debt (USD mn) 62,610.5 Sep 2024 quarterly Mar 2005 - Sep 2024
Government Debt: % of GDP (%) 21.7 Dec 2023 quarterly Mar 2005 - Dec 2023
Forecast: Government Expenditure (KZT bn) 45,053.221 2029 yearly 2002 - 2029
Forecast: Government Net Debt (KZT bn) 76,982.973 2029 yearly 2002 - 2029
Forecast: Government Revenue (KZT bn) 40,409.487 2029 yearly 1994 - 2029
Consolidated Budget: ytd: Revenue: Tax Revenue (KZT th) 16,575,255,420.897 Aug 2024 monthly Oct 2007 - Aug 2024
Consolidated Budget: ytd: Expenditures (KZT th) 19,475,865,028.242 Aug 2024 monthly Oct 2007 - Aug 2024
Consolidated Budget: ytd: Surplus or Deficit (KZT th) -512,390,871.027 Aug 2024 monthly Oct 2007 - Aug 2024
Consolidated Budget: ytd: Revenue (KZT th) 18,148,672,593.582 Aug 2024 monthly Oct 2007 - Aug 2024
State Debt: KZT: Govt: Internal (KZT th) 21,567,649,568.551 Sep 2024 quarterly Mar 2002 - Sep 2024
State Debt: KZT (KZT th) 30,504,806,062.269 Sep 2024 quarterly Mar 2005 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.153 2028 yearly 1993 - 2028
Trade Balance (USD mn) 1,621.9 Oct 2024 monthly Sep 1995 - Oct 2024
Total Exports (USD mn) 7,070.9 Oct 2024 monthly Sep 1995 - Oct 2024
Total Exports Growth (%) -8.3 Apr 2023 monthly Sep 1996 - Apr 2023
Aluminum: Exports (USD th) 534,349.648 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 68,866.431 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 5,099.044 2022 yearly 1995 - 2022
Total Imports (USD mn) 5,449.0 Oct 2024 monthly Sep 1995 - Oct 2024
Total Imports Growth (%) 9.5 Oct 2024 monthly Sep 1996 - Oct 2024
Imports: Medicament (USD th) 1,475,144.691 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 489,585.195 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 116.694 Oct 2024 monthly Jul 2006 - Oct 2024
Total Imports from USA (USD mn) 157.553 Oct 2024 monthly Oct 1995 - Oct 2024
Total Exports to China (USD mn) 1,205.321 Oct 2024 monthly Apr 2004 - Oct 2024
Total Imports from China (USD mn) 1,350.101 Aug 2024 monthly Jan 1992 - Aug 2024
Exports: ytd: ow Russian Federation (USD mn) 7,552.219 Oct 2024 monthly Mar 2004 - Oct 2024
Exports: ytd: ow Netherlands (USD mn) 4,492.899 Oct 2024 monthly Mar 2004 - Oct 2024
Exports: ytd: ow China (USD mn) 12,264.570 Oct 2024 monthly Mar 2004 - Oct 2024
Exports: ytd: ow France (USD mn) 3,240.840 Oct 2024 monthly Mar 2004 - Oct 2024
Exports: ytd: ow Italy (USD mn) 16,405.885 Oct 2024 monthly Mar 2004 - Oct 2024
Exports: Value: Natural Gas (USD mn) 174.731 Sep 2024 monthly Jan 2004 - Sep 2024
Exports: Value: Petroleum Products (USD mn) 79.887 Sep 2024 monthly Jan 2004 - Sep 2024
Exports: Value: Copper: Refined and Alloy (USD mn) 323.428 Sep 2024 monthly Jan 2004 - Sep 2024
Exports: Value: Ferroalloy (USD mn) 217.291 Sep 2024 monthly Jan 2004 - Sep 2024
Exports: Value: Crude Oil and Gas Condensate (USD mn) 4,207.914 Sep 2024 monthly Jan 2004 - Sep 2024
Imports: ytd: ow China (USD mn) 12,331.630 Oct 2024 monthly Mar 2004 - Oct 2024
Imports: ytd: ow Ukraine (USD mn) 274.282 Oct 2024 monthly Mar 2004 - Oct 2024
Imports: ytd: ow Germany (USD mn) 2,351.115 Oct 2024 monthly Mar 2004 - Oct 2024
Imports: ytd: ow Russia (USD mn) 14,364.342 Oct 2024 monthly Mar 2004 - Oct 2024
Imports: ytd: ow USA (USD mn) 1,896.772 Oct 2024 monthly Mar 2004 - Oct 2024
Imports: Value: Petroleum Products (USD mn) 62.704 Sep 2024 monthly Jan 2004 - Sep 2024
Imports: Value: Ferrous Metal Pipes (USD mn) 83.400 Sep 2024 monthly Jan 2004 - Sep 2024
Imports: Value: Furniture (USD mn) 41.691 Sep 2024 monthly Feb 2003 - Sep 2024
Imports: Value: Passenger Cars (USD mn) 219.502 Sep 2024 monthly Jan 2004 - Sep 2024
Import Value Index (2015=100) 134.687 2021 yearly 1995 - 2021
Export Value Index (2015=100) 131.920 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 837.8 Jun 2024 quarterly Mar 1997 - Jun 2024
Current Account Balance (USD mn) -662.8 Jun 2024 quarterly Dec 1997 - Jun 2024
Current Account Balance: % of GDP (%) -2.5 Dec 2023 quarterly Dec 1997 - Dec 2023
Foreign Direct Investment (USD mn) 321.6 Jun 2024 quarterly Dec 1997 - Jun 2024
Foreign Direct Investment: % of GDP (%) -0.4 Dec 2023 quarterly Dec 1997 - Dec 2023
Foreign Portfolio Investment (USD mn) -792.932 Jun 2024 quarterly Dec 1997 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) -0.9 Dec 2023 quarterly Dec 1997 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -361.8 Jun 2024 quarterly Dec 1997 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -431.110 Jun 2024 quarterly Dec 1997 - Jun 2024
External Debt (USD mn) 166,573.9 Jun 2024 quarterly Dec 2000 - Jun 2024
External Debt: % of GDP (%) 60.9 Jun 2024 quarterly Mar 2002 - Jun 2024
External Debt: Short Term (USD mn) 20,861.5 Jun 2024 quarterly Dec 2000 - Jun 2024
External Debt: Short Term: % of GDP (%) 7.4 2023 yearly 1992 - 2023
Forecast: Current Account Balance (USD bn) -13.182 2029 yearly 1992 - 2029
Net International Investment Position (USD mn) -59,879.044 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: BPM6: SP: CA: Goods: Credit (Exports) (USD mn) 21,154.643 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: FA: Direct Investment: Net Acquisition of Financial Assets (NA) (USD mn) 837.798 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: FA: FD: Net Incurrence of Liabilities (USD mn) -13.172 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: FA: OI: Net Acquisition of Financial Assets (NA) (USD mn) -170.418 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: FA: Other Investment (OI) (USD mn) -2,442.353 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: Net Errors and Omissions (USD mn) 1,947.267 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: CA: Goods (USD mn) 5,988.892 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: FA: PI: Net Acquisition of Financial Assets (NA) (USD mn) 2,235.048 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: FA: Reserve Assets (USD mn) 172.459 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: CA: Services: Credit (Exports) (USD mn) 2,837.737 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: FA: Direct Investment (USD mn) 516.167 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: FA: FD: Net Acquisition of Financial Assets (USD mn) 10.742 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: CA: Secondary Income: Credit (USD mn) 535.203 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: CA: Primary Income: Credit (USD mn) 1,341.135 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: CA: Services: Debit (Imports) (USD mn) 3,156.995 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: CA: Services (USD mn) -319.258 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: FA: PI: Net Incurrence of Liabilities (NI) (USD mn) -792.932 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: CP: Debit (USD mn) 0.212 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: CA: Primary Income: Debit (USD mn) 7,568.002 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: FA: Financial Derivatives (Other than Reserves) and Employee Stoc... (USD mn) 23.914 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: CP: Credit (USD mn) 13.868 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: CA: Secondary Income (USD mn) -105.521 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: FA: Portfolio Investment (PI) (USD mn) 3,027.980 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: CA: Secondary Income: Debit (USD mn) 640.724 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: Financial Account (FA) (USD mn) 1,298.168 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: Capital Account (CP) (USD mn) 13.656 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: FA: OI: Net Incurrence of Liabilities (NI) (USD mn) 2,271.935 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: CA: Primary Income (USD mn) -6,226.868 Jun 2024 quarterly Mar 2000 - Jun 2024
BoP: BPM6: SP: CA: Goods: Debit (Imports) (USD mn) 15,165.751 Jun 2024 quarterly Mar 2000 - Jun 2024
IIP: Liabilities (USD mn) 259,201.459 Jun 2024 quarterly Dec 2000 - Jun 2024
IIP: Assets (USD mn) 199,322.415 Jun 2024 quarterly Dec 2000 - Jun 2024
International Investment Position (IIP): Net (USD mn) -59,879.044 Jun 2024 quarterly Dec 2000 - Jun 2024
External Debt: Long Term (USD mn) 145,712.409 Jun 2024 quarterly Dec 2000 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.3 Oct 2024 monthly Apr 2008 - Oct 2024
Household Debt: % of GDP (%) 15.3 Dec 2023 quarterly Dec 1997 - Dec 2023
Non-Performing Loans (USD mn) 2,246.078 Oct 2024 monthly Apr 2008 - Oct 2024
Money Supply M1 (USD mn) 20,325.347 Nov 2024 monthly Dec 1993 - Nov 2024
Money Supply M2 (USD mn) 71,412.691 Nov 2024 monthly Dec 1993 - Nov 2024
M2 Growth (%) 19.7 Nov 2024 monthly Dec 1994 - Nov 2024
Reserve Requirement Ratio (%) 2.0 Dec 2024 monthly Jun 2015 - Dec 2024
Foreign Exchange Reserves (USD mn) 17,694.0 Oct 2024 monthly Dec 2002 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 5.430 Dec 2023 quarterly Dec 2002 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 3.2 Oct 2024 monthly Dec 2002 - Oct 2024
Gold Reserves (USD mn) 25,928.000 Oct 2024 monthly Dec 1993 - Oct 2024
Total Deposits (USD mn) 75,408.574 Nov 2024 monthly Dec 1997 - Nov 2024
Total Deposits Growth (%) 19.7 Nov 2024 monthly Dec 1998 - Nov 2024
Domestic Credit (USD mn) 95,224.4 Nov 2024 monthly Dec 2001 - Nov 2024
Domestic Credit Growth (%) 20.6 Nov 2024 monthly Dec 2002 - Nov 2024
Household Debt (USD mn) 44,245.5 Nov 2024 monthly Dec 1997 - Nov 2024
Total Loans (USD mn) 69,620.990 Oct 2024 monthly Jan 1996 - Oct 2024
Total Loans Growth (%) 21.09 Oct 2024 monthly Jan 1997 - Oct 2024
Private Debt: % of Nominal GDP (%) 24.88 Dec 2023 quarterly Mar 1996 - Dec 2023
Money Supply: M3 (KZT mn) 42,612,787.000 Nov 2024 monthly Dec 1993 - Nov 2024
Money Supply: M0 (KZT mn) 4,062,417.000 Nov 2024 monthly Dec 1993 - Nov 2024
Gross International Reserves: Assets in Convertible Foreign Currency (USD mn) 18,922.000 Nov 2024 monthly Dec 1993 - Nov 2024
Gross International Reserves (USD mn) 44,210.000 Nov 2024 monthly Dec 1993 - Nov 2024
Gross International Reserves: Gold (USD mn) 15,020.000 Jan 2019 monthly Dec 1993 - Jan 2019
Minimum Reserve Requirements: Short Term: National Currency (%) 2.000 Dec 2024 monthly Jun 2021 - Dec 2024
Depository Organization Deposits: Non Banking Legal Entities (KZT mn) 17,266,742.000 Nov 2024 monthly Dec 1997 - Nov 2024
Depository Organization Deposits (KZT mn) 38,550,371.000 Nov 2024 monthly Dec 1997 - Nov 2024
Depository Organization Deposits: Individuals (KZT mn) 21,283,629.000 Nov 2024 monthly Dec 1997 - Nov 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 3.0 Mar 2024 quarterly Mar 2009 - Mar 2024
Entrepreneur Confidence Indicator: Industry (% Point) 6.000 Jun 2024 quarterly Mar 2014 - Jun 2024
Entrepreneur Confidence Indicator: Trade (% Point) 4.000 Jun 2024 quarterly Mar 2014 - Jun 2024

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