Quarterly Macroeconomic Survey

Expert Survey Results Q4 2020

This is our third quarterly macroeconomic expert survey among the leading reputable economists (including those having working experience with central banks) and Professors of Macroeconomics, representatives of international development institutions, commercial banks, brokerage companies aimed to obtain a balanced and coordinated view of the most significant factors for the economy of Kazakhstan.

The focus of the survey is on expert forecasts of macroeconomic indicators in the horizon of 1 to 5 years, including:

  • BRENT oil price
  • USD/KZT, USD/RUB, RUB/KZT exchange rates
  • Inflation in Kazakhstan
  • National Bank of Kazakhstan base rate

We understand that disclosing the identity of experts can affect the quality of their responses. This survey was conducted confidentially to maximize the objectivity of opinions. Names and positions were only disclosed if so formally permitted by the respondents.

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