Kazakhstan’s GDP grew 4.4% in 2024, driven by a 5.1% rise in non-oil sectors and a 10.2% surge in processed exports.
Kazakhstan’s export of processed goods grew by 10.2% to $23.3 billion between January and November 2024, thanks to measures supporting local producers and promoting advanced processing, Prime Minister Olzhas Bektenov said during a meeting with President Kassym-Jomart Tokayev on 17 December, as reported by Akorda.
At the same time, imports fell by 3.3%, while investments in fixed assets rose by 3.1%, with the most significant growth seen in non-oil industries.
Overall, the country’s GDP grew by 4.4% during this period. The non-oil sector was the main driver of this year’s economic growth, expanding by 5.1%.
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Kazakhstan and Georgia will begin testing a digital permit exchange system for international road freight on 22 July, replacing paper permits with an electronic platform designed to streamline cross-border transport.
American rapper Ye, formerly known as Kanye West, remains scheduled to perform his first major concert in Kazakhstan on 14 August at Almaty's Central Stadium, despite a dispute over the venue that delayed ticket sales.
Kazakh President Kassym-Jomart Tokayev invited Chinese technology companies to expand investment in Kazakhstan during a business roundtable in Shanghai on 16 July, promoting the country as a regional hub for artificial intelligence and digital infrastructure.
Kazakhstan and China have signed more than $15 billion worth of commercial agreements during President Kassym-Jomart Tokayev’s visit to Shanghai, expanding cooperation in artificial intelligence, digitalisation, transport and industry.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 20th July, covering the latest developments you need to know.
At least six people were killed and 21 others injured after two earthquakes struck Peru's central Junín region, destroying dozens of homes and triggering a major emergency response.
Kylian Mbappé has become the first player to win the FIFA World Cup Golden Boot on more than one occasion. The French forward won the award presented to the top goalscorer of the tournament for the second time, despite France being knocked out in the semi-finals.
Overnight U.S. strikes caused blackouts in southwestern Iran and hit the northwestern city of Tabriz for the first time. Separately, a U.S. soldier died in northern Iraq during a controlled detonation of an unexploded Iranian drone.
Spain are world champions for the second time after Ferran Torres' extra-time winner secured a 1-0 victory over Argentina in the 2026 FIFA World Cup final at New York New Jersey Stadium.
Lebanese army troops have begun deploying in the southern town of Zawtar al-Gharbiyeh after Israeli forces withdrew from the area, marking the first major step in a U.S.-brokered plan to reduce tensions along the Lebanon-Israel border.
Georgian officials have returned from Rotterdam with new ideas for multimodal logistics, but after years of delays, the Anaklia Deepwater Port still faces significant challenges before it becomes a reality.
A family of six, including four children, has been killed after an Israeli airstrike hit their home in Gaza City, underscoring the continuing violence despite a ceasefire that has formally remained in place for more than nine months.
Türkiye has taken a new technical step to facilitate direct trade with Armenia as part of the ongoing normalisation process between the two countries.
Azerbaijan’s President Ilham Aliyev met a leading representative of German business Monday evening during an official Berlin visit. Talks with Michael Harms, Chairman of the Eastern Committee of the Germany Economy, focused on trade, energy cooperation and transport links between Europe and Asia.
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