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Analysis by Region - Emerging Markets - Kazakhstan

Publisher Oxford Economics
Published Dec 03, 2025
Length 6 Pages
SKU # OFE20650298

Description

We've raised our 2026 GDP growth forecast for Kazakhstan by 0.4ppts to 4% because we think the structural transformation of Central Asian economies will support economic growth above the long-term potential. We think growth will cool to 3.2% in 2027.

Table of Contents

6 Pages
Kazakhstan: Tight policy mix will weigh on demand in 2026
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

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