Small and medium-sized businesses account for 29.5% of the country’s total production volume, while about 3.4 million people are employed in this area. In the context of the
Small and medium-sized businesses account for 29.5% of the country’s total production volume, while about 3.4 million people are employed in this area. In the context of the
During the growing crisis due to the Covid-19 pandemic, the relevance of the return of capital illegally exported from Kazakhstan increased. Over the years of independence, its volume
March business activity index fell to multi-year lows. Entrepreneurs note a worsening situation in all real sectors of the economy. Even e-commerce does not allow businesses to contain
But even in this situation, the accumulated international reserves of Kazakhstan will allow supporting the national economy for 15 years. That is, Kazakhstan has great potential to survive
Now the industry’s profitability is about 45 billion tenge. In the structure of GDP, light industry forms 0.2%, while domestic enterprises cover the consumer market by only 7%.
As of February 1, 2020, 1.3 million SMEs are operating in Kazakhstan. However, more than 60% of their income is generated by only a fifth of enterprises. That
In 2019, the contribution of tourism to the country’s economy amounted to 5.6%, while by 2025 it is planned to increase this figure to 8%. For that purpose,
In 2019, the trade sector became a key driver of the growth of the national economy. However, for the third year in a row, retail growth has been
The amount of construction work in 2019 increased by 14%, it allowed construction companies receive 983.4 billion tenge, which is considered to be as a record profit over
In 2019, Kazakhstan’s GDP growth was 4.5% due to increased demand on the consumer market, increased industrial production and increased investment activity. Which sectors of the economy were