Kazakhstan GDP grows 4.1% in H1 2026 on manufacturing, trade, construction

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Kazakhstan's GDP reached 70.95 trillion tenge in January–June 2026, growing 4.1% year-on-year in real terms. Construction, manufacturing, and trade led the expansion, while the oil sector's share of GDP fell to 7.8% in 2025.
Key Facts
- Kazakhstan's GDP reached 70.95 trillion tenge in January–June 2026, up 4.1% year-on-year in real terms.
- Construction grew 15.2%, manufacturing 9.8%, transport and warehousing 7.1%, and wholesale and retail trade 5.7% in H1 2026.
- Manufacturing contributed 1.25 percentage points to GDP growth, followed by trade at 0.93 and construction at 0.79 percentage points.
- The oil extraction sector's share of GDP declined to 7.8% by the end of 2025.
Sectoral Growth Drivers
Construction expanded 15.2% in the first half of 2026, the fastest among major sectors. Manufacturing output rose 9.8%, while transport and warehousing grew 7.1%. Wholesale and retail trade, including vehicle repair, increased 5.7%. Agriculture, forestry, and fishing grew 4.4% over the same period.
GDP Structure and Diversification
Goods production accounted for 36.4% of GDP, while services made up 55.4%. Industry represented 28.6% of the economy. Manufacturing contributed 1.25 percentage points to overall GDP growth, the largest single-sector contribution. Wholesale and retail trade added 0.93 percentage points, and construction added 0.79 percentage points. The oil extraction sector's share of GDP fell to 7.8% by the end of 2025, reflecting reduced dependence on raw materials.