Analysis of the economic efficiency of the development of the mining industry of the Republic of Kazakhstan

Abstract

The mining industry of Kazakhstan is the most important basic element of the national economy,it
plays a decisive role in the national economy and is the supplier of most of the mineral raw materials and
fuel. The extractive industry is recognized as one of the priorities that determine the economic potential of the
country as a whole, its export opportunities. The extractive industry occupies the main place in solving the
problems of economic development of the country. At the moment, the growth rate of the mining industry is
characterized by a slight decrease due to a sharp deterioration in the global market situation and economic
conditions in general. In this regard, the authors analyzed the main indicators characterizing the current state of
the extractive industry in Kazakhstan, which will determine the place and role of this sector in the development
of industry and the country’s economy as a whole, as well as determine the degree of influence of the level of
its development.