Kazakhstan's GDP Grows by 6% in First Five Months of 2025

Kazakhstan’s gross domestic product increased by 6% from January to May 2025 compared to the same period in the previous year, Orda.kz reports. The growth was supported by positive dynamics across several key sectors, including construction, industry, trade, transport, and communications.

Industrial output rose by 6.4%, with increases reported in 17 regions. Jambyl Region led with a 22.9% rise, driven by ore extraction and production of fertilizers, sugar, and Portland cement. Shymkent saw 18.9% growth, Turkistan and Jetisu regions each posted 14.8%, and Almaty recorded 14.1%.

The agriculture sector expanded by 4%. Atyrau Region saw the highest growth at 10.4%, followed by North Kazakhstan with 7.5% and Aqmola with 6.5%.

Construction activity increased by 15.4%, with 18 regions reporting growth. In Mangystau Region, expansion was supported by major infrastructure projects. The Qyzylorda Region posted 64.5% growth, followed by Qostanay (57.8%) and Astana (51.8%).

Over the past five months, more than 6 million square meters of housing have been commissioned in the country, which is 5.7% more than a year ago. The most active construction was in the Turkistan region, Shymkent and Almaty region,
 the report states.

Fixed capital investment rose by 18.2%, with key contributions from transport, infrastructure, and industrial projects. Trade activity grew by 7.8%, including an 8.3% increase in wholesale and 6.5% in retail trade. The transport sector expanded by 23.1%, primarily due to rail and pipeline services.

Communications and telecommunications grew by 2.8%, largely driven by internet services.

Earlier, the European Bank for Reconstruction and Development revised its 2025 growth forecast for Kazakhstan from 5.2% to 4.9%, citing lower global demand for raw materials and the potential impact of foreign trade policy developments, particularly those involving China and the United States.

Original Author: Ruslan Loginov