Kazakhstan’s industrial sector grew by 6.4% year-on-year in the first five months of 2025, driven by increased oil production and strong performance in manufacturing, according to Halyk Finance.
Kazakhstan’s industrial sector posted robust growth between January and May 2025, expanding 6.4% year-on-year, with the mining and manufacturing industries playing a dominant role, data from Halyk Finance’s analytical centre showed on June 26.
The mining sector, which contributes around 12% to the country’s GDP, expanded by 7.8%. This was largely attributed to rising oil production at the Tengiz field, which also bolstered the output of diesel, gas, fuel oil, and petroleum coke. The increased oil activity also stimulated wholesale trade and transport, making oil a primary engine of economic growth during the period.
Crude oil production rose by 10.2%, coal by 11.3%, and metal ores by 0.8%. With mining comprising 45.5% of the country’s total industrial output, the sector’s performance had a wide-reaching impact on the economy. However, analysts expect this momentum to ease as the Tengiz expansion nears completion and global oil prices potentially fall, particularly if tensions between Iran and Israel de-escalate.
The manufacturing sector, contributing 11.9% to GDP, grew by 6% in the same period. Food production and mechanical engineering both increased by 10.5%, while ferrous metallurgy rose 3.4%. A 2.1% decline in basic precious and non-ferrous metals production weighed slightly on the overall figures.
Meanwhile, growth in the energy sector stalled at 0.1%, down sharply from the previous year. This was attributed to a decrease in the value of electricity transmission and distribution, although natural output edged up by 2.9%.
The water supply and waste management sector continued its downward trend, falling by 6.2% year-on-year, following a smaller 0.1% dip the year before. The latest decline was linked to reduced volumes in water treatment and waste collection.
Seventeen of Kazakhstan’s regions posted industrial growth, with Zhambyl and Zhetisu Regions and the city of Shymkent standing out for their particularly strong performance.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 27th of August, covering the latest developments you need to k...
Federal Reserve Governor Lisa Cook will file a lawsuit to prevent President Donald Trump from removing her from office, a lawyer for the central bank ...
SpaceX’s Starship rocket successfully deployed its first batch of mock Starlink satellites and tested new heat shield tiles during its tenth test fl...
The U.S. has doubled tariffs on Indian goods to 50%, heightening trade tensions with one of its closest strategic partners and threatening thousands o...
Russian forces have captured two villages in Ukraine’s Dnipropetrovsk region, as Kyiv struggles to repel advances during stalled peace negotiations,...
Afghanistan and Kazakhstan are set to strengthen their relationship as Kabul presses for enhanced health-sector cooperation as part of a broader bilateral push which includes infrastructure, trade and humanitarian aid ties.
Kazakhstan is accelerating efforts to overhaul its railway infrastructure in a bid to enhance efficiency and reinforce its role as a crucial Eurasian transit corridor, the government announced on Tuesday.
On 14 August, Azerbaijan’s Minister of Foreign Affairs Jeyhun Bayramov spoke by phone with his Kazakh counterpart, Murat Nurtleu.
Starlink has officially started operations in Kazakhstan, making satellite internet available to the public for the first time. Citizens can now legally purchase, use, and register Starlink terminals in line with national regulations.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
Kuwait says oil prices will likely stay below $72 per barrel as OPEC monitors global supply trends and U.S. policy signals. The remarks come during market uncertainty fueled by new U.S. tariffs on India and possible sanctions on Russia.
Türkiye’s Foreign Ministry said on Tuesday that Turkish Foreign Minister Hakan Fidan met his Irish counterpart Simon Harris in Dublin, Ireland’s capital.
A 5.7 magnitude earthquake struck 50 km north-northwest of Derbent, Russia, at 00:33 local time Wednesday morning, according to the European-Mediterranean Seismological Centre (EMSC) . The quake’s epicentre was at a depth of 11 km.
Türkiye is facing a severe drought that is impacting water resources, shrinking reservoirs and unprecedented shortages affecting daily life, agriculture, and industry.
Azerbaijan, Turkmenistan, and Uzbekistan have strengthened trilateral cooperation, enhancing ties among the Turkic states around the Caspian Sea.
Mohammad Sadr, a member of Iran's Expediency Discernment Council, said in a video interview that Moscow had likely shared sensitive Iranian military data with Israel, enabling precise attacks on air defence sites.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment