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Retail services increase by KZT78bn year on year in 2Q2016. The share of services to the population in total services exceeds 16%. Legal entities are main suppliers of services to the population

19 September 2016

 

 

Retail services. First half of 2016

19 September 2016

In the second quarter of 2016 services rendered to the population totalled KZT167.9bn, up by KZT78.3bn (or 87.4%) from the same period of 2015. Total services provided to the population stood at KZT274.8bn in the first half of 2016 (up by 63.8% year on year).

Despite the ongoing crisis, the population is increasing the consumption of services, thus raising its share in total services provided in Kazakhstan. In the second quarter these indicators reached historical highs, with the share of the population standing at 16.2% and exceeding the previous high by 2 percentage points (14% in the third quarter of 2013).

Legal entities occupied leading positions in the retail segment of the services sector. They increased their share by 5.2 percentage points and the volume of services they provided increased by 74.9%, while individual entrepreneurs managed to increase their output only by 28.2%. They provided services to the population to the tune of KZT51.3bn against KZT223.4bn worth of services provided by legal entities.

Enterprises providing services mostly to the population are based in Zhambyl Region where individuals consume over a third of all services. The second was Almaty Region, lagging behind Zhambyl Region by 8.9 percentage points. In absolute terms, Almaty and Astana provided the largest volumes of services to the population.

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