Bureau of National statistics
Agency for Strategic planning and reforms of the Republic of Kazakhstan
    Key indicators
    5952.4 billion
    In January-May 2025, the volume of investments in fixed capital amounted to 5952.4 billion tenge, which is 18.2% more than in January-May 2024 (in comparable prices).

    At the same time, the increase in the IPV of investments in fixed capital is observed in Zhetisu (by 62.7%), Zhambyl (by 57.5%), Turkistan (by 51.1%), in Astana city (by 47.4%) Shymkent city (by 38.4%), Aktobe (by 34.7%) and Mangystau (by 33.5%) regions.

    Decrease in the IPV of investments in fixed capital was observed in Atyrau (by 37.9%) and Ulytau (by 23.7%).

    Dynamics of investment in fixed capital

    A significant share of investments falls on the city Almaty (12%) and the city of Astana (11.9%).

    Indices of the physical volume of investment in fixed capital
    May 2025 to January-May 2025 to January-May 2024.
    April 2025 May 2024
    Republic of Kazakhstan 121.1 132.4 118.2
    Abay 117.6 107.8 113.8
    Akmola 89.7 145.0 118.9
    Aktobe 203.8 224.8 134.7
    Almaty 95.7 139.8 127.0
    Atyrau 121.5 72.0 62.1
    Batys Kazakhstan 105.2 114.2 106.9
    Zhambyl 78.2 132.0 157.5
    Zhetisu 118.5 160.3 162.7
    Karagandy 162.6 169.8 119.6
    Kostanay 201.8 105.9 115.4
    Kyzylorda 194.3 165.1 127.1
    Mangystau 103.9 164.0 133.5
    Pavlodar 153.5 140.6 119.3
    Soltustik Kazakhstan 144.3 206.5 106.7
    Turkistan 118.1 139.7 151.1
    Ulytau 118.9 95.8 76.3
    Shygys Kazakhstan 101.9 107.0 106.9
    Astana city 159.4 190.1 147.4
    Almaty city 88.6 109.9 128.2
    Shymkent city 77.0 99.5 138.4

    About half of the national volume of capital investments is carried out by large and medium-sized enterprises.

    Investments in fixed capital by enterprise dimension
    thousand tenge
    Mastered investments in fixed capital Including
    small enterprises medium-sized enterprises large enterprises
    January–May 2024 4 895 150 387 2 646 863 410 370 967 822 1 877 319 155
    January–May 2025 5 952 434 869 3 336 811 766 755 913 718 1 859 709 385

    67.4% of the total costs for workson construction and capital repairs of buildings and constructions, 27.8% of the total amount is for the purchase of machinery, equipment and vehicles.

    The predominant sources of investment financing remain the own funds of economic entities, the volume of which in January-May 2025 amounted to 3905.6 billion tenge or 65.6% of the total.

    Budget funds accounted for 22% of the total investment in fixed capital, while compared with in January-May 2024 increased by 2.2 times.

    For the banking sector the financing of the real sector of the economy in the total volume of investments in fixed capital takes 3.6%.

    Investments in fixed capital by source of financing
      January-May 2025 For reference: as a percentage of the total
    thousand tenge as a percentage of the total January-May 2024
    Investments in fixed capital 5 952 434 869 100.0 100.0
    including at the expense of funds:
    State budget 1 307 067 077 22.0 12.1
    Own funds 3 905 634 861 65.6 74.6
    Bank loans 216 940 709 3.6 3.9
    of them:
    loans from foreign banks 19 059 404 0.3 0.9
    Other borrowed funds 522 792 222 8.8 9.4
    of them:
    borrowed funds of non-residents 169 637 065 2.8 2.4

    A main share of investments in fixed capital in January-May 2025 accounted for industry (40.1%) (including mining and quarrying–17.7%, manufacturing industry–13%), operations with real estate (20.7%), transport and warehousing (13.6%) and education (8.7%).

    Investments in fixed capital by areas of use
    Investments in fixed capital, thousand tenge In % by January-May 2024 Share in the total volume of investments, as a percentage
    Total 5 952 434 869 118.2 100.0
    Including:
    Agriculture, forestry and fisheries 253 339 525 125.0 4.3
    Industry 2 384 648 093 105.4 40.1
    Including:
    Mining and quarrying 1 055 695 016 78.4 17.7
    Manufacturing industry 771 025 031 145.7 13.0
    Supply of electricity, gas, steam, hot water and air conditioning 344 055 023 128.5 5.8
    Water supply; collection, treatment and disposal of waste, activities for the elimination of pollution 213 873 022 182.7 3.6
    Construction 57 124 975 96.8 1.0
    Wholesale and retail trade; car and motorcycle repair 132 905 848 106.3 2.2
    Transport and warehousing 811 376 275 112.8 13.6
    Provision of accommodation and food services 57 623 459 118.9 1.0
    Information and communication 83 073 352 89.9 1.4
    Financial and insurance activities 86 786 296 191.0 1.5
    Operations with real estate 1 231 761 138 112.5 20.7
    Professional scientific and technical activities 21 594 312 78.8 0.4
    Administrative and support services activities 44 234 175 104.9 0.7
    Public administration and defense; compulsory social security 47 962 362 183.3 0.8
    Education 515 812 816 492.2 8.7
    Healthcare and social services for the population 104 570 949 110.1 1.8
    Arts entertainment and recreation 103 296 555 157.5 1.7
    Provision of other types of services 16 324 742 330.7 0.3
    Glossary

    Investments in fixed capital - investments in order for investors to obtain an economic, social or environmental ef-fect in the case of new construction, as well as expansion, reconstruction and modernization of facilities (which lead to an increase in the initial cost of the facility), the purchase of machinery, equipment, vehicles, for the formation of the main herd, perennial plantings, etc.

    The costs of construction and installation works and capital repairs include the costs of a complex of works on the construction of buildings and structures, expansion, reconstruction, installation of energy, technological and other equip-ment, as well as the costs of capital repairs of non-residential, residential buildings and structures.

    The cost of purchasing machinery and equipment - an element of the technological structure of investments, in-cluding the cost of purchasing machinery, vehicles, equipment.

    Other costs in the volume of investments in fixed capital – the costs of design and survey work, supervision, maintenance of directorates of objects under construction, the costs of cultivated biological costs, as well as the costs of objects created or acquired by organizations used in economic activity for more than one year, having a monetary valua-tion, having the ability to alienate and generating income, but which are not material values.

    The index of the physical volume of investments in fixed capital characterizes the change in investment invest-ments in dynamics, is determined by the ratio of the volume of investments in fixed capital in the reporting and compared period at comparable prices

    Methodological explanations

    Statistical information on investments in fixed capital is formed on the basis of primary statistical data of national statistical observations of economic entities engaged in investment activities (regardless of the number of employees and type of economic activity) and national statistical observations on the commissioning of facilities by individual developers.

    Accounting of investment investments is provided at the place of actual implementation, regardless of the place of registration of the economic entity engaged in investment activities.

    Operational data on investments in fixed capital, formed on a monthly basis, are updated with annual data.

    By types of economic activity, data on investments in fixed capital are formed according to the direction of use (depends on the nature of the direction of investment (end use) and by the type of economic activity of the investor.

    More detailed methodological explanations are available at the following link:

    Methodology for the formation of indicators of investment activity statistics

    Release responsible:
    Department of Production and Environment statistics
    Department Director:
    I.Torgautova
    Tel: +7 7172 749774

    (Acting Director of the Department)
    Executor:
    N.Kairbekova
    Tel. +7 7172 749317
    E-mail: n.kairbekova@aspire.gov.kz
    Address:
    010000, Astana city
    Mangilik el avenue, 8
    House of Ministries, Entrance 4