External balance on goods and services as a percent of GDP in Kazakhstan
Kazakhstan: External balance on goods and services as a percent of GDP was 6.0% in 2024. ◆ Volatile
External balance on goods and services as a percent of GDP in Kazakhstan, 1992–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for external balance on goods and services as a percent of gdp in Kazakhstan is 6.0%, measured in 2024.
That represents a change of down 13.7% on the previous year and down 56.1% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Kazakhstan peaked at 20.0% in 2008 and was at its lowest, -10.1%, in 1994.
That places Kazakhstan 32nd out of 191 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services as a percent of GDP in Kazakhstan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1992 | -1.3% | — |
| 1993 | -8.8% | +566.6% |
| 1994 | -10.1% | +13.7% |
| 1995 | -4.6% | -54.5% |
| 1996 | -0.7% | -83.9% |
| 1997 | -2.5% | +243.2% |
| 1998 | -4.5% | +78.8% |
| 1999 | 2.3% | -151.9% |
| 2000 | 7.5% | +220.0% |
| 2001 | -1.1% | -114.1% |
| 2002 | -0.1% | -95.2% |
| 2003 | 5.4% | -10755.3% |
| 2004 | 8.6% | +60.0% |
| 2005 | 8.6% | +0.4% |
| 2006 | 10.5% | +21.7% |
| 2007 | 6.5% | -38.4% |
| 2008 | 20.0% | +209.4% |
| 2009 | 7.9% | -60.4% |
| 2010 | 14.4% | +81.4% |
| 2011 | 19.8% | +38.1% |
| 2012 | 14.5% | -26.8% |
| 2013 | 11.8% | -18.4% |
| 2014 | 13.7% | +15.9% |
| 2015 | 4.0% | -70.9% |
| 2016 | 3.4% | -15.2% |
| 2017 | 8.0% | +136.1% |
| 2018 | 11.7% | +47.1% |
| 2019 | 8.0% | -31.6% |
| 2020 | 4.0% | -49.7% |
| 2021 | 8.6% | +113.9% |
| 2022 | 14.8% | +71.7% |
| 2023 | 7.0% | -52.9% |
| 2024 | 6.0% | -13.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -3.8% | -10.1% | 2.3% | 8 |
| 2000s | 7.4% | -1.1% | 20.0% | 10 |
| 2010s | 10.9% | 3.4% | 19.8% | 10 |
| 2020s | 8.1% | 4.0% | 14.8% | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 468.52 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0015 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 22.48 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -916.40 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -143.78 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.003 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -43.97 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 44.23 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services as a percent of gdp in Kazakhstan?
- External balance on goods and services as a percent of gdp in Kazakhstan was 6.0% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest external balance on goods and services as a percent of gdp recorded in Kazakhstan?
- The highest recorded value was 20.0% in 2008.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Kazakhstan?
- The lowest recorded value was -10.1% in 1994.
- How does Kazakhstan rank for external balance on goods and services as a percent of gdp?
- Kazakhstan ranks 32nd out of 191 countries with data for 2024.
- Is external balance on goods and services as a percent of gdp rising or falling in Kazakhstan?
- Over the last ten years it is down 56.1%. The long-run trend across the full record is volatile.
- Where does this Kazakhstan data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.