4.4mln Kazakhstanis employed by SMEs

The share of small- and medium-sized enterprises has increased in Kazakhstan’s GDP in the past year, while the number of people employed in this sector rose by 2.2%, Kazinform News Agency reports.

Kazakhstan
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According to Daryn Abduali, an official from the Ministry of National Economy, in the 4th quarter of 2024, the share of SMEs in the GDP reached 39.7%, which is 3.2% more compared to the same period in 2023 (36.5%).

“The number of people employed by SMEs increased by 2.2% in 2024 having reached 4.4 million people (4,322,093 in 2023),” Abduali says.

The volume of output of SMEs made 81 trillion tenge in the 4th quarter of 2024, which is 19.2% more than a year before (68.7 trillion tenge).

Earlier it was reported that over 4,000 businesses take on patronage of colleges in Kazakhstan.

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