In January-June of this year, the share of oil-gas and non-oil-gas sectors in the structure of GDP was equalized, and the conducted analyzes gave reason to say that the economic growth was ensured at the expense of non-oil-gas sectors.
According to APA, this was reflected in the semi-annual report of the Accounting Chamber on the implementation of the 2022 state budget.
Economic growth was equal to 6.2% compared to the corresponding period of last year.
Against the background of 9.6% growth of non-oil and gas fields, the registration of a slight increase (0.2%) in oil and gas fields reduced the role of the oil factor in economic growth.
Registration of nominal increases in both the oil and non-oil sectors of the GDP caused the increase in the income of the state budget.
The structure of gross domestic product, in nominal terms
Indicators | 6 months | 2022 forecast | Performance percentage | ||
2021 | 2022 | Primary | Updated | ||
GDP | 40.8 | 63.4 | 86.6 | 115.4 | 54.9 |
Oil and gas sector | 14.7 | 31.5 | 26.2 | 49.7 | 63.4 |
Non-oil-gas sector | 26.1 | 31.9 | 60.4 | 65.7 | 48.6 |