The GDP composition of Kazakhstan reflects a diverse economy, with the services sector holding the highest share at 31.12%. Mining, manufacturing, and utilities follow at 27.32%, indicating significant reliance on industrial activities. Wholesale, retail trade, restaurants, and hotels constitute 19.35% of GDP, while transport, storage, and communication sectors account for 10.98%. Construction and agriculture, hunting, forestry, and fishing contribute 6.33% and 4.9%, respectively.
Recent trends indicate a stable or slow-growing service sector, slight growth in wholesale and retail, and minor declines in agriculture. The mining sector remains volatile due to global market conditions, with a potential positive outlook due to increased investment opportunities.
Future trends to watch for include:
- A potential expansion in the construction sector driven by infrastructure and urban development projects.
- Enhancement of the transport and communication sectors, increasing efficiency and digitalization.
- Possible shifts in agricultural practices and productivity due to climate change impacts and technological advancements.
- Increasing importance of sustainable practices in mining and manufacturing, aligning with global environmental standards.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Services | 31.12 | 2016 | |
| 2 | 2 Mining, Manufacturing, Utilities | 27.32 | 2016 | |
| 3 | 3 Wholesale, retail trade, restaurants and hotels | 19.35 | 2016 | |
| 4 | 4 Transport, storage and communication | 10.98 | 2016 | |
| 5 | 5 Construction | 6.33 | 2016 | |
| 6 | 6 Agriculture, hunting, forestry, fishing | 4.9 | 2016 |
