Bureau of National Statistics
of the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan
    Key indicators
    13 795.7 billion
    In January-September 2025, the volume of investments in fixed capital amounted to 13795.7 billion tenge, which is 13.5% more than in January-September 2024 (in comparable prices).

    At the same time, the increase in the IPV of investments in fixed capital is observed in Akmola (by 50.1%), Zhambyl (by 39.1%), Aktobe (by 37.4%), in Astana city (by 36.7%), Pavlodar (by 26.7%) regions and Almaty city (by 20.7%).

    Decrease in the IPV of investments in fixed capital was observed in Atyrau region (by 28.4%).

    Dynamics of investment in fixed capital

    A significant share of investments falls on the city Astana (12%) and the city of Almaty (10.5%).

    Indices of the physical volume of investment in fixed capital
    September 2025 to January-September 2025 to January September 2024
    August 2025 September 2024
    Republic of Kazakhstan 138.8 108.5 113.5
    Abay 175.4 117.1 103.1
    Akmola 116.3 153.1 150.1
    Aktobe 137.0 130.5 137.4
    Almaty 168.0 112.7 116.7
    Atyrau 117.6 83.4 71.6
    Batys Kazakhstan 122.3 98.8 104.0
    Zhambyl 212.7 173.7 139.1
    Zhetisu 114.7 84.2 112.7
    Karagandy 169.7 101.7 109.3
    Kostanay 136.4 113.5 113.6
    Kyzylorda 136.0 90.7 105.9
    Mangystau 101.3 90.4 111.6
    Pavlodar 173.4 194.2 126.7
    Soltustik Kazakhstan 97.0 83.8 110.4
    Turkistan 259.4 92.6 115.9
    Ulytau 144.7 80.9 101.0
    Shygys Kazakhstan 121.6 116.3 115.7
    Astana city 146.6 140.2 136.7
    Almaty city 82.0 89.8 120.7
    Shymkent city 127.5 67.0 104.2

    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–September 2024 11 744 902 191 6 923 235 607 968 881 563 3 852 785 021
    January–September 2025 13 795 698 905 8 154 781 663 1 360 042 412 4 280 874 830

    68% of the total costs for workson construction and capital repairs of buildings and constructions, 27.5% 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-September 2025 amounted to 8697.8 billion tenge or 63% of the total.

    Budget funds accounted for 23% of the total investment in fixed capital, while compared with in Janu-ary- September 2024 increased by 37.6%.

    For the banking sector the financing of the real sector of the economy in the total volume of invest-ments in fixed capital takes 3.7%.

    Investments in fixed capital by source of financing
    January-September 2025 Info: January-September 2024 as a percentage of total
    thousand tenge as a percentage of the total
    Investments in fixed capital 13 795 698 905 100.0 100.0
    including at the expense of funds:
    State budget 3 168 870 093 23.0 19.0
    Own funds 8 697 760 197 63.0 66.6
    Bank loans 506 984 865 3.7 3.8
    of them:
    loans from foreign banks 88 577 930 0.6 1.0
    Other borrowed funds 1 422 083 750 10.3 10.6
    of them:
    borrowed funds of non-residents 424 013 335 3.1 3.2

    A main share of investments in fixed capital in January-September 2025 accounted for industry (37.2%) (in-cluding mining and quarrying–15.2%, manufacturing industry–10.7%), operations with real estate (19.1%), transport and warehousing (18.2%), education (6.9%) and Agriculture, forestry and fisheries (5.7%).

    Investments in fixed capital by areas of use
    Investments in fixed capital, thousand tenge In % by January-September 2024 Share in the total volume of investments, as a percentage
    Total 13 795 698 905 113.5 100.0
    Including:
    Agriculture, forestry and fisheries 787 301 455 121.1 5.7
    Industry 5 127 283 182 107.2 37.2
    Including:
    Mining and quarrying 2 100 916 767 83.1 15.2
    Manufacturing industry 1 474 996 141 130.7 10.7
    Supply of electricity, gas, steam, hot water and air conditioning 1 020 541 641 137.5 7.4
    Water supply; collection, treatment and disposal of waste, activities for the elimination of pollution 530 828 629 142.9 3.8
    Construction 114 854 345 108.2 0.8
    Wholesale and retail trade; car and motorcycle repair 289 325 189 105.4 2.1
    Transport and warehousing 2 504 062 215 114.8 18.2
    Provision of accommodation and food services 153 276 873 135.6 1.1
    Information and communication 234 320 899 103.3 1.7
    Financial and insurance activities 199 787 059 200.8 1.4
    Operations with real estate 2 634 951 843 111.6 19.1
    Professional scientific and technical activities 46 329 653 47.2 0.3
    Administrative and support services activities 110 180 815 85.6 0.8
    Public administration and defense; compulsory social security 119 531 985 148.5 0.9
    Education 948 811 490 175.6 6.9
    Healthcare and social services for the population 249 648 660 106.0 1.8
    Arts, entertainment and recreation 256 935 404 135.8 1.9
    Provision of other types of services 19 097 837 79.3 0.1
    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
    Acting Director of the Department
    Tel. +7 7172 749778
    Executor:
    N.Kairbekova
    Tel. +7 7172 749317
    E-mail: Na.Kairbekova@aspire.gov.kz
    Address:
    010000, Astana city
    Mangilik el avenue, 8
    House of Ministries, Entrance 4