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.
A new study by the Center for Economic and Social Development (CESD) in Baku says the Zangezur corridor could redefine connectivity and trade in the S...
Iran’s deputy foreign minister for Legal affairs Kazem Gharibabadi has said that plans are underway for the repatriation of Iranian prisoners and en...
Hurricane Melissa continued to batter Cuba on Wednesday (October 29), weakening to a Category 2 storm after devastating Jamaica and leaving at least 2...
Kazakhstan has announced a new phase in construction plans for its first nuclear power plant. The power plant is expected to be operational by 2035....
Two people were killed and three others injured when a seven-storey building collapsed in the northwestern Turkish city of Gebze on Wednesday, local o...
Kazakhstan has announced a new phase in construction plans for its first nuclear power plant. The power plant is expected to be operational by 2035.
Chinese Foreign Minister Wang Yi met with Kazakhstan’s Foreign Minister Yermek Kosherbayev in Beijing on Tuesday, reaffirming China’s commitment to deepening strategic ties and advancing Belt and Road cooperation.
Kazakhstan's Minister of Foreign Affairs Yermek Kosherbayev met with his Chinese counterpart Foreign Minister Wang Yi in Beijing where the duo held all important bilateral talks.
Kazakhstan has announced its readiness to take part in the creation of a Turkic large language model, a joint initiative designed to unite the scientific and technological potential of Turkic-speaking nations in the field of artificial intelligence.
A small, silent object from another star is cutting through the Solar System. It’s real, not a film, and one scientist thinks it might be sending a message.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
A new study by the Center for Economic and Social Development (CESD) in Baku says the Zangezur corridor could redefine connectivity and trade in the South Caucasus, linking Azerbaijan, Armenia, and Georgia through shared economic interests.
Iran’s deputy foreign minister for Legal affairs Kazem Gharibabadi has said that plans are underway for the repatriation of Iranian prisoners and enhancing border security and controls.
Kazakhstan has announced a new phase in construction plans for its first nuclear power plant. The power plant is expected to be operational by 2035.
Azerbaijan has acceded to the Rotterdam Convention on the Prior Informed Consent Procedure for Certain Hazardous Chemicals and Pesticides in International Trade.
As part of his official visit to the Sultanate of Oman, Azerbaijan’s Foreign Minister Jeyhun Bayramov met with Sayyid Asaad bin Tariq Al Said, Special Representative of the Sultan of Oman.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment