Economic expansion registered at a rate of 6.3% during the initial seven months of 2025
Kazakhstan's economy is experiencing robust growth in 2025, with key sectors driving this expansion. According to the National Bureau of Statistics and government sources, the transport and logistics, construction, manufacturing, mining, and agriculture sectors are leading the charge [1][2][3][4][5].
The transport and warehousing sector has seen a significant growth of around 22.5-22.7%, thanks to increased freight transportation, expansion of transport infrastructure, and a spike in grain and flour exports, which increased by 35.2% and amounted to 11.8 million tons [1][2][4][5].
The construction sector is also thriving, with growth at around 18.4-18.5%. This robust expansion is due to ongoing government investments and infrastructure projects worth $35 billion, focusing on transport infrastructure and supporting Kazakhstan’s role as a Eurasian transit hub [1][2][3].
Manufacturing has expanded by approximately 5.5-6.1%, with sub-sectors such as machinery (+14%), food production (+10%), and metal products (+14.6%) performing well above global averages, demonstrating a shift towards higher value-added goods [1][2][3].
The mining industry, traditionally linked to oil and coal, has grown by about 8.4-8.5%. This growth is supported by increased coal and oil production (+11.6%-11.7%) and early expansion of the Tengiz oil field, benefiting from OPEC+ quota arrangements [1][3][5].
Agriculture has contributed a steady growth of about 3.7%, driven by improved productivity and export capacity [1][5].
Other notable sectors include wholesale and retail trade (+8.6%) and services (+5.2%), with overall industrial output rising approximately 6.9% [2][5].
Retail trade, in particular, has grown by 6.6% in the reporting period [6]. Notable dynamics were observed in Kostanay (+17.6%), North Kazakhstan (+12%), and Astana (+9.2%) in retail trade [7].
The Zhambyl region has the highest growth rate in industrial production (+18.2%) [8]. Growth in animal husbandry is 3.4%, driven by an increase in milk yield (+6.1%), slaughter of livestock and poultry (+2.1%), and egg production (+0.9%) [9].
Growth in the mining sector showed an 8.5% increase in volume, while the manufacturing sector grew by 6.1%. The construction sector saw a 18.5% increase in the volume of work, and wholesale trade grew by 9.5% and accounted for more than 66% of the total growth in trade [7].
In summary, Kazakhstan's 2025 economic growth is primarily fueled by significant expansions in transport and logistics, construction, manufacturing, and mining, combined with supportive agriculture growth. This reflects an ongoing strategic shift from oil dependency towards economic diversification supported by large infrastructure investments and export-oriented development [1][2][3][4][5].
References:
- National Bureau of Statistics of Kazakhstan
- Government of the Republic of Kazakhstan
- World Bank
- International Monetary Fund
- United Nations Conference on Trade and Development
- Kazakhstan Ministry of National Economy
- Kazakhstan Ministry of Trade and Integration
- Kazakhstan Ministry of Industry and Infrastructure Development
- Kazakhstan Ministry of Agriculture
The finance sector's expansion in 2025, with the significant growth in key sectors such as transport and logistics, construction, manufacturing, mining, and agriculture, offers promising investment opportunities for businesses seeking to diversify their portfolios [1][2][3][4][5].
The growth in these sectors has been backed by substantial government investments, infrastructure projects, and strategic shifts towards economic diversification, reflecting a robust and promising business environment in Kazakhstan [1][2][3][4][5].
