Kazakhstan’s economy expanded by 3.0% in the first quarter of 2026, slowing from a 5.0% growth in the same period a year earlier and marking the weakest expansion since the third quarter of 2022. Growth moderated as output in both the goods and services sectors rose at a softer pace, increasing by 2.1% and 3.6%, respectively. Within the goods sector, water supply recorded the strongest growth at 16.2%, followed by construction at 14.8%. In the services sector, transport and warehousing expanded by 12.8%, while wholesale and retail trade, including the repair of motor vehicles and motorcycles, grew by 4.8%. The shares of goods production and services production in GDP for January-March 2026 were 34.5% and 57.8%, respectively, with the industrial sector alone accounting for the largest share at 27.4%.