Kazakhstan's H1 2026 GDP Growth Accelerates to 4.1% as Non-Oil Sectors Top 80%

3 articles · Updated · qazinform.com · Jul 13

Kazakhstan’s real GDP grew 4.1% in the first half of 2026, up 0.4 percentage points from January-May, with the non-oil economy expanding more than 5%.
An 8.4% drop in oil output did not derail growth: the real sector rose 5.1% and services 3.5%, while manufacturing, construction, trade and transport generated more than 80% of GDP gains.
Construction led the expansion, with completed work up 15.2% and housing completions reaching 8.5 million square meters, 6.7% higher than a year earlier.
Manufacturing output climbed 9.8% to 16.2 trillion tenge, overtaking mining’s roughly 15.9 trillion tenge as finished metals, autos and pharmaceuticals posted double-digit increases.
Fixed-asset investment rose 9.6%, including a 2.3-fold jump in information and communication, reinforcing the government’s view that non-commodity industries are building a steadier growth base.