Bureau of National statistics
Agency for Strategic planning and reforms of the Republic of Kazakhstan
    Key indicators
    25 500 733,2 million
    The Gross Domestic Product by final expenditure method in January-March 2024 (according to reporting data) amounted to 25500733,2 million tenge.
    3,8%
    GDP increased by 3,8% in real terms compared to the corresponding period last year.
    26 023 903,8 million
    GDP by production method in January-March 2024 (according to reporting data) amounted to 26023903,8 million tenge.
    523 170,6 million
    The statistical discrepancy between GDP methods of production and end use was 523170,6 million tenge or 2% of GDP.
    GDP by use components
    GDP by final use method for January-March 2024
    At current prices, million tenge To the previous year, in percent In percentages to the end
    IPV deflator
    Final consumption expenditure 16 512 711,2 104,4 109,1 64,8
    households 13 418 299,3 107,0 109,0 52,7
    government bodies

    2 903 559,4 93,3 109,2 11,4
    for individual goods
    and services
    1 688 931,4 101,2 108,9 6,6
    for collective services 1 214 628,0 84,1 109,6 4,8
    non-profit organizations serving
    households
    190 852,5 110,1 112,8 0,7
    Gross capital formation 6 334 681,5 98,7 104,3 24,8
    gross fixed capital formation 5 544 721,2 103,3 103,8 21,7
    change in inventories 789 960,3 - 107,5 3,1
    Net export 2 653 340,5 - - 10,4
    export of goods and services 9 731 221,8 98,3 101,8 38,2
    import of goods and services 7 077 881,3 93,7 100,3 27,8
    Gross domestic product by end use method 25 500 733,2 103,8 107,5 100,0
    Gross domestic product by production method 26 023 903,8 103,8 106,3 -
    Statistical discrepancy* 523 170,6 - -1,2 -
    *Statistical discrepancy is the difference between gross domestic product calculated by the production method and the final expenditure method.

    In the structure of GDP by use components for January-March 2024 and the share of expenditures on final consumption amounted to 64,8 %, gross capital formation – 24,8%, net exports – 10,4 %.

    Compared to the corresponding period last year, in real terms there is an increase in the final consumption expenditure component by 4,4% due to an increase in household final consumption expenditure by 7% and a an decrease in general government expenditure by 6,7%.

    Gross fixed capital formation shows an increase of 3,3% compared to the corresponding period last year.

    Glossary

    Gross domestic product (GDP) - one of the most important indicators of the system of national accounts, characterizing the final result of the country's economic activity.

    Contribution - the value of the influence of the percentage change in the indicator on the total value of GDP.

    Final consumption - the consumption of goods and services fully used by individual households or society as a whole to satisfy their individual or collective needs and requirements.

    Gross capital formation - the total value of gross fixed capital formation, changes in inventories and acquisitions of valuables less their disposal.

    Methodological notes

    Gross domestic product calculated using the final expenditure method is the sum of all economic sectors' expenditures on final consumption, gross capital formation and net exports.


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    Department of National Accounts
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    Nakipbekov A.E.
    Tel. +7 7172 749 71 7
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    Isabekova A.S., Serik D.A.
    Tel. +7 7172 749676
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