Kazakhstan: Economy | Asian Development Bank

Kazakhstan: Economy

Growth in the first half of 2017 rose to 4.2% on expansion in extractive industries and higher oil and metal prices. Inflation slowed to 7.7%. With a stable external environment and recovering oil production, growth forecasts are raised to 2.7% for 2017 and 3.0% for 2018, while inflation forecasts are maintained at 8.0% and 7.0%. Projected current account deficits are widened to 4.5% for 2017 and 3.5% for 2018 as higher private consumption raises forecasts for imports. Read more from Asian Development Outlook 2017 Update

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*2017 and 2018 are forecasts.

Economic forecasts for Central Asian countries

The latest available economic data for Kazakhstan compared to countries in Central Asia.

*2017 and 2018 are forecasts.

Asian Development Outlook 2017
Asian Development Outlook 2017 Update