GDP growth in Kazakhstan totals 4.9% in January-October — minister

Business & Economy November 15, 2023, 11:50

In 2022, GDP growth in the country stood at 3.1%

ASTANA, November 15. /TASS/. Kazakhstan’s GDP growth totaled 4.9% in January-October 2023 year-on-year, National Economy Minister Alibek Kuantyrov said at a government meeting.

"Kazakhstan’s economic growth rates amounted to 4.9% in January-October of this year, including 3.8% growth in the real sector and 5.4% growth in the sector of services. Among the sectors construction, trade, information and communications, as well as transport, demonstrate the highest growth," he said.

In 2022, GDP growth in the country stood at 3.1%, while inflation totaled 20.3% by the end of last year.

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