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Astana, Kazakhstan • 18 January, 2024 | 14:17
1 min read

Kazakhstan's Industrial Sector Surged 4.3% in 2023

In January-December, the country produced goods worth over $102.5 billion

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Bureau of National Statistics

Industrial production in Kazakhstan witnessed a 4.3% increase in 2023, as reported by the press service of the Bureau of National Statistics.

From January to December 2023, a total of 2,435 enterprises contributed to the production of industrial goods valued at ₸46,401.7 billion (over $102.5 billion).

The breakdown of production growth by industries includes:

  • Mining and quarrying: 4.6%

  • Manufacturing industry: 4.1%

  • Supply of electricity, gas, steam, hot water, and conditioned air: 1.8%

  • Water supply; waste collection, treatment and disposal, pollution elimination activities: 1.9%

The growth in mining and quarrying was attributed to an increase in the production of crude oil (by 6.8%), natural gas (by 10.8%), non-ferrous metal ores (by 1%), and other minerals (by 12.7%).

Within the manufacturing industry, notable growth was observed in the production of food products (1.5%), tobacco products (3.7%), light industry (12.2%), rubber and plastic products (5%), other non-metallic mineral products (6.1%), finished metal products (except machinery and equipment) by 3.3%, and machinery manufacturing (25.4%).

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