2026-07-16
Added · Updated
The National Bank of Kazakhstan published updated macroeconomic forecasts from 16 independent professional organizations for 2026-2028. The revised projections anticipate Brent crude oil prices averaging USD 84.6 in 2026, USD 75 in 2027, and USD 71.8 in 2028. Kazakhstan's GDP growth is forecast at 4.8% for 2026, 4.6% for 2027, and 4.3% for 2028, while inflation is expected at 10.0% in 2026, 7.8% in 2027, and 6.8% in 2028. The base rate is projected to decline from 16.0% at the end of 2026 to 12.8% in 2027 and 10.6% in 2028.