Analysis of Tourism’s Impact on the Economy, Employment, and Export Potential of Kazakhstan

In Kazakhstan, the tourism sector exhibits significant potential to contribute to the national economy through its influence on employment dynamics, gross value added, and trade balances. However, challenges such as gender disparities in employment and varying contributions to goods and services exports highlight the need for deeper analysis. This study aimed to examine the impact of tourism on Kazakhstan’s economy, focusing on employment trends, gross value added, and trade performance. The data from 2012 to 2022 provided by the Bureau of National Statistics of the Republic of Kazakhstan were analyzed using the ARIMA model. The analysis showed that the average value added from tourism (GVAT) over the period amounted to 2,050.5 billion tenge, peaking at 3,270.1 billion tenges in 2022. The share of GVAT in GDP ranged from 2.9% to 4.1%, confirming its stable contribution to the economy. Foreign tourists' spending significantly contributed to GVAT growth, while domestic spending had a minimal impact. Key findings revealed stable growth in tourism’s contribution to GDP and employment, with significant disparities in male and female employment trends, particularly in recent years. The findings of the study emphasize the need to attract high-spending tourists, promote gender equality in employment, and expand exports of services as key areas for sustainable tourism growth in Kazakhstan. In future studies, it is proposed that the impact of environmental factors on tourism development and gender barriers to employment be studied in depth.

Authors

Institutions

Publication Details

Journal
Eurasian Journal of Economic and Business Studies
Published
2024-12-30
DOI
https://doi.org/10.47703/ejebs.v68i4.450
Primary Topic
Diverse Aspects of Tourism Research
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Analysis of Tourism’s Impact on the Economy, Employment, and Export Potential of Kazakhstan

Kuralay Balginova, A. Aimagambetova, Гульнара Сагиндыкова, Altynay Maukenova
Eurasian Journal of Economic and Business Studies
Diverse Aspects of Tourism Research
article

Analysis of Tourism’s Impact on the Economy, Employment, and Export Potential of Kazakhstan

Kuralay Balginova, A. Aimagambetova, Гульнара Сагиндыкова, Altynay Maukenova
article en

Abstract

In Kazakhstan, the tourism sector exhibits significant potential to contribute to the national economy through its influence on employment dynamics, gross value added, and trade balances. However, challenges such as gender disparities in employment and varying contributions to goods and services exports highlight the need for deeper analysis. This study aimed to examine the impact of tourism on Kazakhstan’s economy, focusing on employment trends, gross value added, and trade performance. The data from 2012 to 2022 provided by the Bureau of National Statistics of the Republic of Kazakhstan were analyzed using the ARIMA model. The analysis showed that the average value added from tourism (GVAT) over the period amounted to 2,050.5 billion tenge, peaking at 3,270.1 billion tenges in 2022. The share of GVAT in GDP ranged from 2.9% to 4.1%, confirming its stable contribution to the economy. Foreign tourists' spending significantly contributed to GVAT growth, while domestic spending had a minimal impact. Key findings revealed stable growth in tourism’s contribution to GDP and employment, with significant disparities in male and female employment trends, particularly in recent years. The findings of the study emphasize the need to attract high-spending tourists, promote gender equality in employment, and expand exports of services as key areas for sustainable tourism growth in Kazakhstan. In future studies, it is proposed that the impact of environmental factors on tourism development and gender barriers to employment be studied in depth.

Eurasian Journal of Economic and Business StudiesVol. 68(4)
Kazakh National Medical University (KZ), Aktobe Regional State University named after K.Zhubanov (KZ), Korkyt Ata Kyzylorda State University (KZ), Kazakh Technology and Business University named after K.Kulazhanov (KZ)
Decent work and economic growth
Openalex Percentile: Top 60%
Diverse Aspects of Tourism Research
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.