Key Market Indicators
Kazakhstan is set to produce 78,370 thousand tonnes of oil equivalent by 2026. This is an increase of 0.4% each year since 2021, when the country's production was 75,580 thousand tonnes. Despite this growth, production has fallen by 1.1% annually since 1995. Kazakhstan ranked 16th in 2021, behind Angola who produced 75,580 thousand tonnes. The top three countries in the ranking were Saudi Arabia, the United States and Iraq.
