Economy

Economy

Today Almaty is the largest economic center of Kazakhstan. Being the largest and most developed megacity of the Central Asian region, Almaty was formed as a center of representation of international organizations, financial institutions and major companies. Significant potential for international cooperation is opening up within the framework of the Eurasian economic Union and the world trade organization.

The volume of gross regional product for January–March 2025 amounted to KZT 6,956,333 million at current prices. Compared to the corresponding period of 2024, the real GRP increased by 6.5%.

The main branches of the economy

trade

Trade

Dry port SEZ "Khorgos-East gate"

Transnational corridor "Western Europe-Western China"

Entering the market of international retailers

Sales growth and the emergence of new types of trade enterprises

The city has 131 shopping centers and houses, 29 large retail chains

29

tourism

Tourism

There Are 867 travel agencies 160 hotels, 16 museums, 16 theatres, 25 cinemas, two variety theatres

Many historical and cultural monuments, one reserve and four national parks in the vicinity of the city

10 theme parks, 12 of the Spa facilities and much more 4 world heritage of UNESCO in Almaty and Almaty region (the Tamgaly petroglyphs, ancient settlements of Kayalyk, karamergen and Talhiz)

Almaty was included in the UNESCO network of creative cities

Every 2nd foreign guest of Kazakhstan visits Almaty

New information technologies and software tools are used in the sphere of hotel and restaurant business

867

Growth rates of economic sectors

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Industry

(January-May 2025 to January-May 2024, %)

114,1


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Building

(January-May 2025 to January-May 2024, %)

124,0


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Transport

(January-May 2025 to January-May 2024, %)

124,4


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Agriculture

(January-May 2025 to January-May 2024, %)

97,7


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Trade

(January-May 2025 to January-May 2024, %)

104,4


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Link

(January-May 2025 to January-May 2024, %)

103,3

Despite the fact that Almaty does not have a resource base, this region is a major center for the development of industry and trade. According to statistical data, 124,280 enterprises are registered in the city, including 561 large and 1,165 medium-sized, 122,554 small. For more information, see the Markets section.

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The volume of industrial production in January-May 2025 amounted to 976,183 million tenge in current prices, which is 14.1% more than in January-May 2024.

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The volume of production in the manufacturing industry increased by 16.2%, a decline in the supply of electricity, gas, steam, hot water and air conditioning was noted - by 0.5%, and an increase in water supply, waste collection, processing and disposal, pollution control activities - by 7.2%.

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Growth in industrial production is observed in the production of beverages, paper and paper products, basic pharmaceutical products and pharmaceuticals, and other non-metallic mineral products.In the supply of electricity, gas, steam, hot water and air-conditioned air, the volume of industrial products and services rendered amounted to 138.5 billion tenge, or 16.8% of the city's production volume.

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The index of physical volume compared to the level of January-October 2019 was 105%. During the reporting period, 2461.2 million kW were generated for the needs of the city. hours of electricity, which compared to the level of January-October 2019 was 100.2%; respectively, 5966.1 thousand. Gcal (110.3%) of heat energy was released; 199.9 million cubic meters (94.7%) of natural water was extracted and distributed.

Structure of industrial production in Almaty by types of economic activity for January–May 2025

Type of Economic Activity Volume of Industrial Production (goods, services), thousand KZT Industrial Production Index, %
Manufacturing industry 948,354,525 116.3
Beverage production 54,441,952 113.4
Light industry 6,475,924 105.1
Production of chemical industry products 15,035,732 113.4
Manufacture of basic pharmaceutical products 13,316,783 117.7
Production of rubber and plastic products 25,953,920 106.9
Manufacture of other non-metallic mineral products 59,598,501 119.9
Metallurgical production 66,992,449 98.4
Manufacture of fabricated metal products, except machinery and equipment 29,056,406 97.5
Engineering (machine building) 439,584,816 140.5
Furniture production 13,655,934 94.8
Electricity, gas, steam and air conditioning supply 188,537,136 100.4
Water supply; sewerage, waste management and remediation activities 22,915,323 109.0
Source: stat.gov.kz

In 2019, the specified acreage of agricultural crops in the city as a whole was 495.1 hectares, which is 1.4% less than in the previous year. The harvested area of cereals (including rice) and legumes was 98.8 hectares, open-ground vegetables-202.3 hectares, potatoes-108.3 hectares. The gross harvest of cereals (including rice) and legumes in weight after refinement decreased by 30.9% compared to the level of 2018 and amounted to 1802 quintals. The gross harvest of potatoes increased by 17.1% and amounted to 16766.6 quintals, vegetables-by 1.3% and 124955.8 quintals. Compared to the level of 2018, the yield of cereals (including rice) and legumes in weight after processing increased by 48.2% and amounted to 18.2 C/ha.

Gross output of products (services) of agriculture, forestry and fisheries in January-October 2021 (**million tenge)

Agriculture, forestry and fisheries

From it:

agriculture

from it:

crop production

animal husbandry

7 355,40

6 842,70

6 215,90

626,8

Gross output of products (services) of agriculture, forestry and fisheries in January-October 2020 in the city of Almaty amounted to 7.3 billion tenge, Gross output of agricultural products amounted to 6.8 billion, of which 6.2 billion tenge was in crop production, 6.2 million tenge was in animal husbandry


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