Kazakhstan’s economy accelerates: which sectors are growing fastest
Tengrinews.kz — Kazakhstan’s economy accelerated, with real GDP growth reaching 4.5 percent in January–October 2026. Pharmaceuticals, mechanical engineering and the production of fabricated metal products recorded the fastest growth, according to the Ministry of National Economy.
Which sectors posted the highest growth
The non-resource sector made the largest contribution to economic growth, expanding by an estimated 5.6 percent. Industrial production increased by 3.5 percent.
The manufacturing sector showed particularly strong momentum. Over the first ten months of the year, growth accelerated to 9.3 percent, compared with 8.6 percent in January–September.
The leading industries were:
pharmaceuticals — up 50.9 percent;mechanical engineering — up 22.2 percent;fabricated metal products — up 30.4 percent;chemical industry — up 21.9 percent;rubber and plastic products — up 18.1 percent;food production — up 13 percent;construction materials — up 5.4 percent.
What is happening in other sectors
Construction, transport and trade also posted positive growth. In January–October, construction increased by 13.1 percent, transport and warehousing by 7.5 percent, and trade by 6.2 percent.
Agriculture grew by 5.2 percent, while the communications sector expanded by 4.9 percent.
As a reminder, during his Address to the people of Kazakhstan on October 28, President Kassym-Jomart Tokayev declared 2027 the Year of Large-Scale Construction. Roads, hospitals, schools, stadiums and other facilities will be built across the country. Most of the funding — 6.5 trillion tenge — will come from the National Fund, with the money to be allocated in tranches through 2029.
Later, the government assessed the impact of this spending on inflation. According to its estimates, the fiscal impulse from allocating 6.5 trillion tenge could add up to 0.8 percentage points to price growth over 12 months.