wiiw Forecast Reports

KAZAKHSTAN: Further profiting from high oil prices


Olga Pindyuk

in: Strong Growth Amid Increased Negative Risks
wiiw Forecast Report No. Autumn 2018, November 2018 , pp. 92-95

The current report is only available to members and paying customers. Past issues become freely available online when the next report is released. Several individual sections of the report are freely available to download now (see below).

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GDP will grow by 4% in 2018, mainly owing to high oil prices and expansion of production in the oil sector. In 2019-2020, the economy will continue benefiting from the favourable commodity price environment and grow by about 3% annually. The main risks to the forecast are a sharp decline in global oil prices and intensifying geopolitical tensions around Russia and China.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Kazakhstan