In January- December 2023 to the corresponding period of the previous year real growth of production of goods, production of services and taxes on products amounted – 3,9%, 5,7% and 7,6%.
At current prices, million tenge | To the appropriate period of previous year, in percent | In percent to the end | ||
---|---|---|---|---|
IPV | deflator | |||
Gross domestic product | 119 251 165,7 | 105,1 | 110,2 | 100,0 |
Production of goods | 43 327 657,8 | 103,9 | 100,0 | 36,3 |
Agriculture, forestry and fisheries | 5 109 629,8 | 92,3 | 101,7 | 4,3 |
Industry | 31 567 614,7 | 104,2 | 98,2 | 26,4 |
Mining and quarrying | 15 056 086,5 | 104,6 | 94,6 | 12,6 |
Manufacturing industry | 14 664 852,6 | 104,1 | 101,1 | 12,3 |
Supply of electricity, gas, steam, hot water and air conditioning | 1 596 398,5 | 101,8 | 108,0 | 1,3 |
Water supply; collection, treatment and disposal of waste, activities for the elimination of pollution | 250 277,1 | 101,9 | 98,7 | 0,2 |
Construction | 6 650 413,3 | 113,3 | 107,6 | 5,6 |
Service production | 66 742 762,6 | 105,7 | 117,3 | 56,0 |
Wholesale and retail trade; car and motorcycle repair | 21 716 990,3 | 111,3 | 114,5 | 18,2 |
Transport and warehousing | 6 368 105,2 | 107,1 | 106,9 | 5,3 |
Provision of accommodation and food services | 1 293 205,2 | 106,5 | 115,4 | 1,1 |
Information and communication | 2 362 883,4 | 107,1 | 104,6 | 2,0 |
Financial and insurance activities | 3 855 702,8 | 101,5 | 119,8 | 3,2 |
Operations with real estate | 8 778 245,3 | 102,8 | 126,8 | 7,4 |
Professional, scientific and technical activities | 4 260 070,1 | 102,6 | 121,1 | 3,6 |
Activities in the area of administration and support services | 2 801 584,0 | 100,9 | 125,1 | 2,3 |
Public administration and defense; compulsory social security | 2 248 364,8 | 102,4 | 112,0 | 1,9 |
Education | 5 129 317,0 | 101,7 | 119,4 | 4,3 |
Public Health and Social Services | 3 678 402,3 | 101,0 | 123,1 | 3,1 |
Arts, entertainment and recreation | 1 172 395,6 | 100,1 | 126,1 | 1,0 |
Provision of other types of services | 3 005 063,7 | 102,0 | 126,0 | 2,5 |
Activities of households employing domestic workers; activities of households producing goods and services for their own consumption | 72 432,9 | 100,8 | 114,5 | 0,1 |
Gross value added | 110 070 420,4 | 104,9 | 109,8 | 92,3 |
Taxes on products | 9 180 745,3 | 107,6 | 115,3 | 7,7 |
The shares of production of goods and production of services in GDP for January-December 2023 amounted to 36,3% and 56% respectively. The main share in the production of GDP is the industry – 26,4%.
GDP increased by 5,1% in real terms compared to the corresponding period of the previous year. The largest growth was shown by “Construction” (13,3%), “Wholesale and retail trade; car and motorcycle repair” (11,3%), “Information and communication” (7,1%), “Transport and warehousing” (7,1%), “Accommodation and food service activities” (6,5%).
In dynamics over the past 5 years, there has been a decline in economic activity in 2020 due to the pandemic caused by Covid-19, as well as the introduction of restrictive measures (real GDP growth -2,5 %).
Starting from the II quarter of 2021, there has been a gradual economic recovery.
Gross domestic product (GDP) is one of the most important indicators of the system of national accounts, characterizing the final result of the country's economic activity.
Gross value added is the value of gross output minus the value of intermediate consumption, which serves as an indicator of the contribution to GDP made by individual producers, industries or sectors of the economy.
Gross output is the output of goods and services, representing the total value of goods and services resulting from the production activities of resident units of the national economy in the reporting period.
Intermediate consumption is the value of goods and services that are transformed or completely consumed in the production process.
A deflator is an indicator that characterizes the average change in prices in the economy over a certain period.
Contribution - the value of the influence of the percentage change in the indicator on the total value of GDP.
Taxes on products include taxes, the amount of which directly depends on the cost of goods produced and services rendered.
Gross domestic product by production is the sum of gross value added by economic activity, which is increased by net taxes on products and on imports. The term "net" means that taxes are shown net of related subsidies.