Bureau of National statistics
Agency for Strategic planning and reforms of the Republic of Kazakhstan
    Key indicators
    131 622 823,4 million
    The Gross Domestic Product by final expenditure method in January-December 2024 amounted to 131622823,4 million tenge.
    4,8%
    GDP increased by 4,8% in real terms compared to the corresponding period last year.
    134 251 904,8 million
    GDP by production method in January-December 2024 amounted to 134251904,8 million tenge.
    2 629 081,4 million
    The statistical discrepancy between GDP methods of production and end use was 2629081,4 million tenge or 2% of GDP.
    GDP by use components
    GDP by final use method for January-December 2024
    At current prices,
    million tenge
    To the previous year, in percent In percentages to the end
    IPV deflator
    Final consumption expenditure 86 206 592,6 105,7 108,5 65,5
    households 70 979 758,5 106,7 108,5 53,9
    government bodies 14 749 597,0 101,0 108,7 11,2
    for individual goods and services 7 887 979,5 101,6 111,1 6,0
    for collective services 6 861 617,5 100,3 106,1 5,2
    non-profit organizations serving households 477 237,1 112,8 113,6 0,4
    Gross capital formation 37 196 883,2 105,6 104,7 28,3
    gross fixed capital formation 33 240 509,5 106,5 104,7 25,3
    change in inventories 3 956 373,7 - 105,2 3,0
    Net export 8 219 347,6 - - 6,2
    export of goods and services 43 177 542,2 100,3 104,0 32,8
    import of goods and services 34 958 194,6 102,1 103,5 26,6
    Gross domestic product by end use method 131 622 823,4 104,8 107,3 100,0
    Gross domestic product by production method 134 251 904,8 104,8 107,3 -
    Statistical discrepancy* 2 629 081,4 - - -
    *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 January-December 2024 and the share of expenditures on final consumption amounted to 65,5%, gross capital formation – 28,3%, net exports – 6,2%.

    Compared to the corresponding period last year, in real terms there is an increase in the final consumption expenditure component by 5,7% due to an increase in household final consumption expenditure by 6,7% and non-profit organizations serving households by 12,8%.

    Gross fixed capital formation in real terms amounted to 6,5% 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