Bureau of National Statistics
of the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan
    Key indicators
    22 730.6 billion
    In January-December 2025, the volume of investments in fixed capital amounted to 22730.6 billion tenge, which is 13% more than in 2024 (in comparable prices).

    At the same time, the increase in the IPV of investments in fixed capital is observed in Akmola (by 53.1%), Pavlodar (by 47%), Zhambyl (by 38.8%), Aktobe (by 32.4%), Almaty (by 29.4%), Turkistan (by 21.6%) regions, in Astana city (by 21.3%) and Kostanay (by 19%) region.

    Decrease in the IPV of investments in fixed capital was observed in Atyrau by (15.1%) and Karagandy (by 8.6%) regions.

    Dynamics of investment in fixed capital

    A significantshare of investments falls on the city Astana (11%) and the city of Almaty (10.3%).

    Indices of the physical volume of investment in fixed capital
    December 2025 to January-December 2025 to 2024
    November 2025 December 2024
    Republic of Kazakhstan 164.7 111.4 113.0
    Abay 153.4 117.0 106.8
    Akmola 197.3 157.1 153.1
    Aktobe 272.8 172.1 132.4
    Almaty 148.6 141.9 129.4
    Atyrau 125.7 128.8 84.9
    Batys Kazakhstan 69.4 96.5 113.7
    Zhambyl 362.0 164.2 138.8
    Zhetisu 285.7 120.8 112.8
    Karagandy 289.8 107.7 91.4
    Kostanay 349.3 158.7 119.0
    Kyzylorda 49.1 62.9 110.6
    Mangystau 213.5 89.6 102.2
    Pavlodar 119.2 125.5 147.0
    Soltustik Kazakhstan 222.5 82.3 103.9
    Turkistan 149.4 115.7 121.6
    Ulytau 182.2 95.1 103.4
    Shygys Kazakhstan 174.1 79.8 105.2
    Astana city 168.9 108.5 121.3
    Almaty city 149.8 78.8 109.2
    Shymkent city 110.8 115.5 107.5

    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
    2024 19 461 332 759 10 686 595 089 2 141 891 110 6 632 846 560
    January–December 2025 22 730 624 809 13 209 160 224 2 446 880 894 7 074 583 691

    66.1% of the total costs for works on construction and capital repairs of buildings and constructions, 29.4% 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-December 2025 amounted to 13965.9 billion tenge or 61.5% of the total.

    Budget funds accounted for 21.9% of the total investment in fixed capital, while compared with in 2024 in creased by 14.5%.

    For the banking sector the financing of the real sector of the economy in the total volume of investments in fixed capital takes 4.5%.

    Investments in fixed capital by source of financing
    January-December 2025 Info: 2024 as a percentage of total
    thousand tenge as a percentage of the total
    Investments in fixed capital 22 730 624 809 100.0 100.0
    including at the expense of funds:
    State budget 4 984 045 671 21.9 21.6
    Own funds 13 965 937 273 61.5 62.9
    Bank loans 1 029 478 659 4.5 4.0
    of them:
    loans from foreign banks 115 053 344 0.5 1.1
    Other borrowed funds 2 751 163 206 12.1 11.5
    of them:
    borrowed funds of non-residents 767 539 661 3.4 3.2

    A main share of investments in fixed capital in January-December 2025 accounted for industry (39.8%) (including mining and quarrying–14.1%, manufacturing industry–12.3%), operations with real estate (18%), transport and warehousing (17.8%), education (5.6%) and agriculture, forestry and fisheries (5.1%).

    Investments in fixed capital by areas of use
    Investments in fixed capital, thousand tenge In % by 2024 Share in the total volume of investments, as a percentage
    Total 22 730 624 809 113.0 100.0
    Including:
    Agriculture, forestry and fisheries 1 162 995 301 153.0 5.1
    Industry 9 041 671 531 112.4 39.8
    Including:
    Mining and quarrying 3 204 742 287 85.0 14.1
    Manufacturing industry 2 791 604 427 130.1 12.3
    Supply of electricity, gas, steam, hot water and air conditioning 2 106 719 391 153.1 9.3
    Water supply; collection, treatment and disposal of waste, activities for the elimination of pollution 938 605 429 128.2 4.1
    Construction 159 563 127 108.3 0.7
    Wholesale and retail trade; car and motorcycle repair 469 201 210 108.6 2.1
    Transport and warehousing 4 035 308 102 109.0 17.8
    Provision of accommodation and food services 230 533 519 123.9 1.0
    Information and communication 413 969 428 113.4 1.8
    Financial and insurance activities 313 470 722 188.4 1.4
    Operations with real estate 4 102 636 209 110.0 18.0
    Professional scientific and technical activities 77 386 187 72.4 0.3
    Administrative and support services activities 177 230 363 105.3 0.8
    Public administration and defense; compulsory social security 260 221 893 140.8 1.1
    Education 1 280 292 195 109.2 5.6
    Healthcare and social services for the population 548 369 619 113.4 2.4
    Arts, entertainment and recreation 421 924 762 134.7 1.9
    Provision of other types of services 35 850 664 115.4 0.2
    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:
    A.Isabekova
    Tel: +7 7172 749056
    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