Kazakh Government Okayed country’s socio-economic development forecast for 2015 -2019 years

Data of state bodies concerning the expected output of main products in 2015-2019 and forecasts of international organizations for global growth and world prices for major export commodities were given while  forming of the forecast of the social economic development of Kazakhstan for 2015-2019,” Ministry of national Economy reported.

Thus, the GDP real growth is expected at level 0.5% in 2015 year, 5.6% –in 2016, 6.8% -in 2017, 5.8 % in 2018 and 6.5% in 2019. The nominal GDP will increase from 45 trillion tenge in 2015 up to 72.8 trillion tenge in 2019. The GDP per capita will amount to over 13.9 thousand dollars by 2015 and increase up to 21.4 thousand dollars in 2019.

"Exports will increase from 79.2 billion in 2015 to 93.5 billion dollars in 2019, import from 50.1 billion dollars in 2015 up to 57.8 billion in 2019 year, according to the authority.

At the same time the National Bank plans the inflation level in the corridor of 6-8% with a consequent reduction in the medium term to the level of 5-7%.