Bureau of National statistics
Agency for Strategic planning and reforms of the Republic of Kazakhstan
    Key indicators
    118 823 571,8 million
    The Gross Domestic Product by final expenditure method in January-December 2023 (according to preliminary data) amounted to 118823571,8 million tenge
    5,1%
    GDP increased by 5,1% in real terms compared to the corresponding period last year
    120 561 096,4 million
    GDP by production method in January-December 2023 (according to preliminary data) amounted to 120561096,4 million tenge
    1 737 524,6 million
    The statistical discrepancy between GDP methods of production and end use was 1737524,6 million tenge or 1,4% of GDP
    GDP by use components
    GDP by final use method for January-December 2023
    At current prices, million tenge To the previous year, in percent In percentages to the end
    IPV deflator
    Final consumption expenditure 74 759 566,3 105,6 113,9 62,9
    households 60 987 384,6 104,5 114,5 51,3
    government bodies

    13 313 807,0 110,3 110,8 11,2
    for individual goods
    and services
    6 734 964,4 108,3 111,5 5,7
    for collective services 6 578 842,6 112,3 110,2 5,5
    non-profit organizations serving
    households
    458 374,7 112,0 117,9 0,4
    Gross capital formation 35 635 038,3 119,5 115,0 30,0
    gross fixed capital formation 31 674 154,0 120,7 114,3 26,7
    change in inventories 3 960 884,3 - 121,1 3,3
    Net export 8 428 967,2 - - 7,1
    export of goods and services 41 219 128,9 101,9 93,8 34,7
    import of goods and services 32 790 161,7 114,7 102,9 27,6
    Gross domestic product by end use method 118 823 571,8 105,1 109,3 100,0
    Gross domestic product by production method 120 561 096,4 105,1 111,4 -
    Statistical discrepancy* 1 737 524,6 - - -
    *Statistical discrepancy is the difference between gross domestic product calculated by the production method and the final expenditure method.

    In the structure of GDP by use components for January-December 2023 and the share of expenditures on final consumption amounted to 62,9 %, gross capital formation – 30%, 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 5,6% due to an increase in household final consumption expenditure by 4,5% and general government expenditure by 10,3%.

    Gross capital formation shows an increase of 19,5% 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 749 71 7
    Executor:
    Isabekova A.S., Serik D.A.
    Tel. +7 7172 749792
    Email : aig . isabekova @ aspire . gov . kz; d.serik@aspire.gov.kz
    Address:
    010000. Astana city
    Mangilik el avenue, 8
    House of Ministries, entrance 4