Improvement of indicators of socio-economic development of the regions of Kazakhstan

¹ Esil University, Astana, Kazakhstan
² Kazakh University of Technology and Engineering named after Sh. Yessenov, Aktau, Kazakhstan

^* Corresponding author: dametken.t@gmail.com

Abstract

This article presents a comparative analysis of the socio-economic development of the regions of the Republic of Kazakhstan for ten years from 2011 to 2020. The analysis was carried out on the basis of statistical data of the main macroeconomic indicators such as: Gross regional product, the share of the region in the GRP structure, the growth rate of the region’s economy, GRP per capita. On the basis of the analysis carried out, imbalances in regional economic development were identified, in particular, donor regions that make the greatest contribution to the structure of the country’s GRP and recipient regions that make the least contribution to the country’s economy were identified. The regions with the fastest growing GRP growth rates over the last decade and regions showing low rates of economic development were also identified. In addition, the main macroeconomic characteristic of the region is the GRP per capita indicator, reflecting the level of well-being of the region’s population. As a result of the analysis, the regions with the highest and lowest levels of GRP per capita were identified. Thus, on the basis of a comparative analysis of the regions over the past 10 years, imbalances in regional development, existing economic problems reflected in the different dynamics of the main macroeconomic indicators have been identified. Based on the analysis, recommendations were proposed for further improvement of the state policy of regulating the socio-economic development of regions in the Republic of Kazakhstan.