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
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 129th of 205 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% |
Kazakhstan compared with similar countries
- Kazakhstan's -2.7% is below the median for upper middle income countries, which is -2.1%, 1.3× the median. (53 countries reporting)
- Kazakhstan's -2.7% is below the median for Europe & Central Asia, which is -0.7%, 3.8× the median. (50 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) in Kazakhstan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +1653.2% | -0.1% | 1.8% |
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
- 126 Belarus -2.6% compare
- 127 Bolivia (Plurinational State of) -2.6% compare
- 128 Iceland -2.6% compare
- 130 United Republic of Tanzania -3.0% compare
- 131 Brazil -3.0% compare
- 132 Dominican Republic -3.4% compare
More economy & growth data for Kazakhstan
- Real gdp growth, annual growth rate -1.96 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0067 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 97.71 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.4404 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0049 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 71.35 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
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 129th out of 205 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.
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