Current account balance as a share of GDP in Kazakhstan
Kazakhstan: Current account balance as a share of GDP was -2.7% in 2024. ◆ Volatile
Current account balance as a share of GDP in Kazakhstan, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
In 2024, current account balance as a share of gdp in Kazakhstan stood at -2.7%.
That represents a change of up 23.6% on the previous year and down 110.9% over ten years.
Over the whole period, current account balance as a share of gdp in Kazakhstan peaked at 7.3% in 2011 and was at its lowest, -6.5%, in 2020.
Kazakhstan ranks 122nd of 193 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 share of GDP in Kazakhstan, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 2.0% | — |
| 2001 | -6.3% | -413.5% |
| 2002 | -4.2% | -33.7% |
| 2003 | -0.9% | -78.8% |
| 2004 | 0.8% | -188.6% |
| 2005 | 0.6% | -19.2% |
| 2006 | -1.0% | -261.9% |
| 2007 | -4.5% | +346.1% |
| 2008 | 1.0% | -121.1% |
| 2009 | -0.1% | -112.5% |
| 2010 | 1.8% | -1608.3% |
| 2011 | 7.3% | +303.3% |
| 2012 | 1.3% | -82.7% |
| 2013 | 1.9% | +51.6% |
| 2014 | -1.3% | -167.5% |
| 2015 | -5.4% | +319.4% |
| 2016 | -5.1% | -6.3% |
| 2017 | -2.0% | -59.6% |
| 2018 | -1.0% | -52.2% |
| 2019 | -3.9% | +294.9% |
| 2020 | -6.5% | +66.9% |
| 2021 | -1.4% | -78.9% |
| 2022 | 2.9% | -309.6% |
| 2023 | -3.6% | -224.9% |
| 2024 | -2.7% | -23.6% |
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
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)
- Industry (including construction), value added (constant 2015 US$) 8.98 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.293 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 4,305 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 8.98 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 22.29 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 327,416 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 4.63 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.577 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Kazakhstan?
- Current account balance as a share of gdp in Kazakhstan was -2.7% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Kazakhstan?
- The highest recorded value was 7.3% in 2011.
- What is the lowest current account balance as a share of gdp recorded in Kazakhstan?
- The lowest recorded value was -6.5% in 2020.
- How does Kazakhstan rank for current account balance as a share of gdp?
- Kazakhstan ranks 122nd out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Kazakhstan?
- Over the last ten years it is down 110.9%. The long-run trend across the full record is volatile.
- Where does this Kazakhstan data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).