Three industries drive more than 70% of Kazakhstan’s GDP growth

Three industries drive more than 70% of Kazakhstan’s GDP growth

More than 70% of Kazakhstan’s GDP growth by the end of the year was driven by industry, trade, and transport. Growth was also supported by investment: fixed capital investment reached 18.5 trillion tenge, while private investment inflows increased by nearly 10%. Prime Minister Olzhas Bektenov briefed President Kassym-Jomart Tokayev on the preliminary results of the country’s socio-economic development. According to Bektenov, from January to November, transport services grew by more than 20%, construction by nearly 15%, trade by around 9%, agriculture by 6.1%, with manufacturing showing similar growth. The Head of State was also informed about the implementation of the 2026–2028 macroeconomic stabilization program, the modernization of five border checkpoints to accelerate foreign trade, the launch of a registry of domestic producers, and the adoption of the unified small business support program Isker Aimaq. In addition, the Prime Minister reported on plans to further increase harvest volumes, with a focus on processing and agricultural exports. President Tokayev instructed that efforts continue to ensure the country’s sustainable development.