According to the results of eight months, the country’s GDP growth amounted to 3.1% (for January-July – 3.3%)

Growth in the real sector was 3.3% (a decline of 0.1 p.p.), and in the service sector – 2.3% (a decline of 0.2%). And by industries, positive growth was shown in Construction, Information and Communications, Transport and Storage, Trade, Industry and Agriculture. In January-August of this year, the production output increased by 4.8%. The main drivers of the increase were:

  • tobacco production (15.4%),
  • production of chemical industry products (11.8%),
  • mechanical engineering (7.9%) including the production of cars, trailers and semi-trailers (18.2%),
  • beverage production (7.5%).

Following the results of eight months, there has also been an increase in investments in fixed assets to 5.7% due to education – by 59%, trade – by 22%, the financial and insurance sector – by 20%, and construction – by 15.7%. By regions, high rates were recorded in Shymkent and Almaty cities, as well as in Almaty, Kyzylorda and West Kazakhstan regions. Positive dynamics were also noted in the foreign market. In January-July of this year, foreign trade turnover amounted to 74.3 billion dollars (an increase of 37%): exports – 49 billion, imports – 25.3 billion. At the same time, exports of finished goods increased to $ 14.3 billion (an increase of 35.7%). The balance of trade amounted to $23.6 billion.

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