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.
A significantshare of investments falls on the city Astana (11%) and the city of Almaty (10.3%).
| 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.
| 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%.
| 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, 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 |
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
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 statisticsStatistical compilation "Investment and construction activities in the Republic of Kazakhstan"