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1/20/2025 12:05:49 AM
(MENAFN- Trend News Agency)
ASTANA, Kazakhstan, January 20. The World Bank
(WB) has updated forecasts for Kazakhstan’s GDP growth in
2025–2026, Trend reports.
The World bank (WB) forecasts Kazakhstan’s GDP growth at 4.7
percent in 2025 and 3.5 percent in 2026; thus, the World Bank has
confirmed the forecasts made in October.
In 2024, according to the WB’s estimate, the country’s GDP
growth will be 4 percent, slowing down compared to 5.1 percent in
2023 WB estimates that the GDP growth of Central Asian
countries in 2025-2026 will be 5 percent and 4.2 percent,
respectively.
“The growth of Kazakhstan’s economy, supported by oil production
growth, is expected to contribute to the recovery,” the report
specifies.
To note, in 2023, Kazakhstan’s GDP growth was 5.1 percent.
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