FX.co ★ Kazakhstan Economy Posts Record 9.6% Growth in January–August

Kazakhstan's short-term economic indicator, which measures monthly GDP growth, surged by 9.6% year-on-year from January to August 2025, marking the highest expansion rate since records commenced in 2008 and significantly surpassing the 4.4% growth recorded the previous year. This impressive performance was primarily driven by substantial increases in transport and storage (up 21.5%), construction (up 18.1%), wholesale and retail trade (up 8.9%), and the mining and industrial sectors (up 7.6%). Geographically, the most significant growth was observed in Astana (up 18.6%), the Turkestan Region (up 15.8%), Shymkent (up 15.0%), and North Kazakhstan (up 14%). Conversely, economic activity saw a decline in East Kazakhstan (down 2.7%) and the Ulytau Region (down 1.0%).