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%).