Bureau of National Statistics
of the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan
    Key indicators
    117 107 785,1 million tenge
    The Gross Domestic Product by final expenditure method in 2023 by reported data amounted to 117107785,1 million tenge.
    5,1%
    GDP increased by 5,1% in real terms compared to the corresponding period last year.
    119 442 289,7 million tenge
    GDP by production method in 2023 by reported data amounted to 119442289,7 million tenge.
    2 334 504,6 million tenge
    The statistical discrepancy between GDP methods of production and end use was 2334504,6 million tenge or 2% of GDP.
    GDP by use components
    GDP by final use method for 2023
      At current prices,
    million tenge
    To the previous year, in percent In percentages to the end
    IPV deflator
    Final consumption expenditure 75 154 867,3 107,5 114,3 64,2
    households 61 348 463,0 107,6 114,5 52,4
    government bodies 13 433 821,8 107,4 113,2 11,5
    for individual goods and services 6 984 745,6 104,0 115,9 6,0
    for collective services 6 449 076,2 111,0 110,5 5,5
    non-profit organizations serving households 372 582,5 97,0 110,6 0,3
    Gross capital formation 33 631 527,4 116,4 115,0 28,7
    gross fixed capital formation 29 811 815,9 117,1 114,6 25,5
    change in inventories 3 778 012,4 - 117,9 3,2
    net acquisition of valuables 41 699,1 - - 0,04
    Net export 8 321 390,4 - - 7,1
    export of goods and services 41 387 443,1 101,8 94,2 35,3
    import of goods and services 33 066 052,7 115,6 102,9 28,2
    Gross domestic product by end use method 117 107 785,1 105,1 109,6 100,0
    Gross domestic product by production method 119 442 289,7 105,1 111,2 -
    Statistical discrepancy* 2 334 504,6 - - -
    *Statistical variance is the difference between gross domestic product calculated by the production method and the end use method.

    In the structure of GDP by use components for 2023 and the share of expenditures on final consumption amounted to 64,2 %, gross capital formation – 28,7%, net exports – 7,1%.

    Compared to the corresponding period last year, in real terms there is an increase in the final consumption expenditure component by 7,5% due to an increase in household final consumption expenditure by 7,6% and general government expenditure by 7,4%.

    Gross fixed capital formation shows an increase of 17,1% 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.

    Release responsible:
    Department of National Accounts
    Department Director:
    Nakipbekov A.E.
    Tel. +7 7172 74 97 17
    Executor:
    Issabekova A.S., Serik D.A.
    Tel. +7 7172 74 96 76
    Email: aig.isabekova@aspire.gov.kz, d.serik@aspire.gov.kz
    Address:
    010000. Astana city
    Mangilik el avenue, 8
    House of Ministries, entrance 4