Current account balance as a proportion of GDP in Kazakhstan
Kazakhstan: Current account balance as a proportion of GDP was -2.7% in 2024. ◆ Volatile
Latest (2024)
-2.7%
Change on year
up 23.5%
World rank
128th
of 204 countries
All-time high
7.3%
in 2011
All-time low
-6.5%
in 2020
Years of data
25
2000–2024
Current account balance as a proportion of GDP in Kazakhstan, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Kazakhstan recorded -2.7% for current account balance as a proportion of gdp in 2024.
Compared with earlier readings it is up 23.5% on the previous year and down 111.3% over ten years.
Over the whole period, current account balance as a proportion of gdp in Kazakhstan peaked at 7.3% in 2011 and was at its lowest, -6.5%, in 2020.
Kazakhstan ranks 128th of 204 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Kazakhstan, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 2.0% | — |
| 2001 | -6.3% | -413.2% |
| 2002 | -4.2% | -33.7% |
| 2003 | -0.9% | -78.7% |
| 2004 | 0.8% | -187.9% |
| 2005 | 0.6% | -19.3% |
| 2006 | -1.0% | -261.9% |
| 2007 | -4.5% | +347.6% |
| 2008 | 1.0% | -121.2% |
| 2009 | -0.1% | -112.1% |
| 2010 | 1.8% | -1653.2% |
| 2011 | 7.3% | +303.7% |
| 2012 | 1.3% | -82.7% |
| 2013 | 1.9% | +51.4% |
| 2014 | -1.3% | -167.3% |
| 2015 | -5.4% | +320.1% |
| 2016 | -5.1% | -6.3% |
| 2017 | -2.1% | -59.5% |
| 2018 | -1.0% | -52.1% |
| 2019 | -3.9% | +292.9% |
| 2020 | -6.5% | +67.0% |
| 2021 | -1.4% | -79.0% |
| 2022 | 2.9% | -310.0% |
| 2023 | -3.6% | -224.6% |
| 2024 | -2.7% | -23.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.3% | -6.3% | 2.0% | 10 |
| 2010s | -0.6% | -5.4% | 7.3% | 10 |
| 2020s | -2.2% | -6.5% | 2.9% | 5 |
Countries ranked near Kazakhstan
- 125 Belarus -2.6% compare
- 126 Bolivia (Plurinational State of) -2.6% compare
- 127 Iceland -2.6% compare
- 129 United Republic of Tanzania -3.0% compare
- 130 Brazil -3.0% compare
- 131 Dominican Republic -3.4% compare
More economy & growth data for Kazakhstan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.35 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.38 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 4.33 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 148.13 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 2.10 million current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 0.3001 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2112 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 2,990 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 8.46 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2432 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is current account balance as a proportion of gdp in Kazakhstan?
- Current account balance as a proportion of gdp in Kazakhstan was -2.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Kazakhstan?
- The highest recorded value was 7.3% in 2011.
- What is the lowest current account balance as a proportion of gdp recorded in Kazakhstan?
- The lowest recorded value was -6.5% in 2020.
- How does Kazakhstan rank for current account balance as a proportion of gdp?
- Kazakhstan ranks 128th out of 204 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Kazakhstan?
- Over the last ten years it is down 111.3%. The long-run trend across the full record is volatile.
- Where does this Kazakhstan data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).