Bureau of National statistics
Agency for Strategic planning and reforms of the Republic of Kazakhstan
    Key indicators
    0%
    The business confidence index, which characterizes the business activity of construction enterprises, amounted to 0%
    Entrepreneurial Confidence Index
    IV quarter of 2023
    Business surveys

    84% of industry leaders in the IV quarter of 2023 described their economic situation as «good» or «satisfactory».

    68% of enterprises expect the financial and economic activity to remain unchanged compared to the current moment, 16% - improvement and 14% - deterioration.

    84% of heads of trade enterprises in the IV quarter of 2023 described their economic situation as «good» or «satisfactory».

    69% of enterprises expect the financial and economic activity to remain unchanged compared to the current moment, 15% - improvement and 15% - deterioration.

    According to the uesults of a survey of trading enterprises in the IV quarter of 2023. There is continuity of business activity.

    Sales by type of sales in the IV quarter of 2023 amounted to:

    ·wholesale trade -21%

    ·retail trade -21%;

    ·through the electronic trading platform -8%;

    ·outside the electronic trading platform -29%.

    82% of the heads of construction enterprises in the IV quarter of 2023 described their economic situation as «good» or «satisfactory».

    64% of enterprises expect the financial and economic activity to remain unchanged compared to the current moment, 18% - improvement and 16% - deterioration.

    4729 heads of enterprises in the IV quarter of 2023 noted the factors limiting their production activities:

    Factors limiting production activity
    IV quarter of 2023

    An analysis of the ESG criteria shows that 75% of enterprises in the republic do not adhere to environmental criteria, 63% do not adhere to corporate governance criteria, while at the same time, compliance with social criteria is not relevant for 53% of enterprises.

    IV quarter of 2023

    Thus, 28% saw a decrease in emissions in the current quarter compared to the previous one, while it is worth noting that 34% of companies do not exercise environmental control at sources of emissions and discharges of pollutants.

    It is also worth noting that 59% of enterprises have a long-term development strategy, and 30% of enterprises have an additional social support package for employees in the form of voluntary medical insurance and material assistance.

    Methodological explanations

    The index of entrepreneurial confidence of industrial enterprises is calculated as the arithmetic mean of the “balances” of assessments of the level of actual demand and stocks of finished products (the latter with the opposite sign), as well as expected changes in production volumes, in percent.

    The Business Confidence Index of trade enterprises is calculated as the arithmetic mean of the “balances” of estimates of the level of the actual economic situation and stocks (the latter with the opposite sign), as well as expected changes in the economic situation, in percent.

    The index of business confidence of construction enterprises is calculated as the arithmetic mean of the “balances” of assessments of the actual state of the portfolio of orders, and the expected change in the number of employees in organizations, in percent. The balance should be understood as the difference in the shares of respondents who noted the "increase" and "decrease" of a particular indicator of the economic activity of the surveyed enterprise, as a percentage.


    Release responsible:
    Department of National Accounts
    Department Director:
    A. Nakipbekov
    Tel. +7 7172 749717
    Executor:
    M.Abulkasimova
    Tel. +7 7172 749306
    Е-mail: m.abulkasimova@aspire.gov.kz
    Address:
    010000, Astana
    8 Mangilik El avenue
    House of Ministries, Entrance 4