Bureau of National statistics
Agency for Strategic planning and reforms of the Republic of Kazakhstan
    Key indicators
    23 190 740,7 million
    The Gross Domestic Product by final expenditure method in January - March 2023 (according to reporting data) amounted to 23190740,7 million tenge.
    5%
    GDP increased by 5% in real terms compared to the corresponding period last year.
    23 582 637,0 million
    GDP by production method in January-March 2023 (according to reporting data) amounted to 23582637,0 million tenge.
    GDP by use components

    The statistical discrepancy between production and final expenditure methods of GDP created 391896,3 million tenge or 1,7% of GDP.

    GDP by final expenditure method for January - March 2023
    At current prices, million tenge To the previous year, in percent In percentages to total
    PVI deflator
    Final consumption expenditure 14 607 113,1 109,5 119,4 62,9
    households 11 497 351,2 109,8 120,0 49,5
    government

    2 848 230,5 108,4 117,0 12,3
    for individual goods
    and services
    1 531 290,0 100,2 115,4 6,6
    for collective services 1 316 940,5 120,3 119,0 5,7
    non-profit organizations serving
    households
    261 531,4 105,0 120,0 1,1
    Gross capital formation 6 154 240,7 129,8 125,4 26,5
    gross fixed capital formation 5 168 828,5 128,1 124,1 22,3
    change in inventories 985 412,2 - 132,8 4,2
    Net export 2 429 386,9 - - 10,6
    export of goods and services 9 664 056,7 104,0 99,9 41,8
    import of goods and services 7 234 669,8 131,9 109,1 31,2
    Gross domestic product by final expenditure method 23 190 740,7 105,0 114,9 100,0
    Gross domestic product by production method 23 582 637,0 105,0 114,9 -
    Statistical discrepancy* 391 896,3 - - -
    *Statistical discrepancy is the difference between gross domestic product calculated by the production method and the final expenditure method.

    In the structure of GDP for January-March 2023 the share of final consumption expenditure amounted to 62%, gross capital formation - 26,1 %, net exports - 10,2 %.

    Compared to the corresponding period of last year the share of net exports in GDP decreased significantly (by -11,6 %).

    GDP structure by use components
    as a percentage
    January-March 2023

    Compared to the corresponding period last year the final consumption expenditure component increased in real terms by 9,5% due to increase in household final consumption expenditure by 9,8%.

    Gross capital formation shows an increase of 29,8% compared to the corresponding period last year.

    PVI of GDP by final expenditure method
    as a percentage of the previous year
    January-March 2023
    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 749 71 7
    Executor:
    Issabekova A.S., Serik D.A.
    Tel. +7 7172 749792
    Email : aig.isabekova@aspire.gov.kz
    Address:
    010000, г.Astana
    Mangilik el avenue, 8
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