Kazakhstan’s Economic Growth Slows Slightly to 6.3%

Kazakhstan’s economy continues to grow, though the pace has slowed. GDP growth for the first nine months of 2025 reached 6.3%, down from the January–August figure, Orda.kz reports.

First Vice Minister of National Economy Askar Amrin announced the results at a government meeting.

There’s been a slight slowdown compared to January–August. Growth in the real sector was 8.1%, while services output increased by 5.3%. Among industries, the largest growth was seen in transportation, construction, and mining,
Amrin said.

Industry, trade, and transportation remain the key drivers of growth, accounting for more than 70% of GDP expansion. Trade grew by 8.8%, manufacturing by 6.2%, and agriculture by 4.4%. However, production declines in several regions contributed to the overall slowdown.

Fixed capital investment increased by 13.5%, reaching 13.8 trillion tenge, while private investment rose by 7.8%. The highest growth rates were observed in the Aqmola, Jambyl, Aqtobe, and Pavlodar regions, as well as in Astana, while investment declined in the Atyrau region.

According to Amrin, Kazakhstan’s foreign trade turnover from January to August amounted to $90.1 billion, including $50.2 billion in exports (of which $18.1 billion were processed goods) and $40.1 billion in imports.

Despite lower global commodity prices, the trade balance remained positive at more than $10 billion.

Construction activity also continued to grow, though at a slower pace.

Construction volume increased by 14.9%, but growth slowed by 3.2 percentage points. A total of 12.9 million square meters of housing were commissioned — 3.4% more than last year,
 Amrin noted.

He added that the highest growth rates were recorded in the Ulytau, Jetisu, Almaty, and Turkistan regions, as well as in Almaty city.

In agriculture, performance improved slightly.

Gross output increased by 4.4%, up one percentage point from January–August. This was driven by the rapid pace of grain harvesting, which boosted crop production by 5.2%. The North Kazakhstan, Qostanay, and Aqmola regions showed the strongest growth,
 the First Vice Minister concluded.

Original Author: Artyom Volkov