Which sectors have driven Kazakhstan’s economic growth over the past 7 years?

Over the past 7 years, Kazakhstan’s economy has grown by 28.9% in real terms. The strongest growth was recorded in construction and manufacturing, according to data from the Ministry of National Economy, El.kz reports.

At the end of 2025, GDP per capita  reached 15, 006 dollars, expanding by 52.9 % compared with 2018. However, this figure reflects nominal GDP per capita in US dollar terms and is therefore influenced, among other factors, by exchange rate fluctuations.

Over the period under review, goods production increased by 38.8%. This growth was primarily driven by the expansion of construction activity and increased industrial output.

The fastest growth was recorded in construction, where output increased 2.4-fold. This reflects the expansion of construction activity, including residential development and infrastructure projects.

Manufacturing grew by 41.8% over the same period. Agriculture and the mining sector also recorded increases in output, although at more moderate rates.

The services sector expanded by 22.1%. Within this sector, particularly strong growth was observed in trade, transport and communications.

Gross fixed capital formation reached 23.5 trln tenge. Increased investment was accompanied by the launch of new industrial projects and the modernisation of existing enterprises.

Non-oil exports increased 1.8-fold over the 7-year period. This indicator measures the value of goods exported abroad and should therefore not be directly equated with growth in the physical volume of production.

Labour productivity across the economy increased by 21.7%. The most significant gains among individual sectors were recorded in construction, agriculture and manufacturing.

According to the Bureau of National Statistics, Kazakhstan’s revised GDP for 2025 amounted to 159.6 trln tenge. Comparisons with previous years in real terms take into account changes in price levels.