External balance on goods and services in Kazakhstan
Kazakhstan: External balance on goods and services was -2.08 trillion constant LCU in 2024. ◆ Volatile
External balance on goods and services in Kazakhstan, 2005–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Kazakhstan recorded -2.08 trillion constant LCU for external balance on goods and services in 2024. That is the lowest value across all 20 years on record.
That represents a change of down 6.8% on the previous year and down 489.3% over ten years.
Over the whole period, external balance on goods and services in Kazakhstan peaked at 654.78 billion constant LCU in 2005 and was at its lowest, -2.08 trillion constant LCU, in 2024.
Kazakhstan ranks 145th of 161 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Kazakhstan, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2005 | 654.78 billion constant LCU | — |
| 2006 | 503.09 billion constant LCU | -23.2% |
| 2007 | -98.70 billion constant LCU | -119.6% |
| 2008 | 496.04 billion constant LCU | -602.6% |
| 2009 | 598.55 billion constant LCU | +20.7% |
| 2010 | 624.28 billion constant LCU | +4.3% |
| 2011 | 538.27 billion constant LCU | -13.8% |
| 2012 | -194.06 billion constant LCU | -136.1% |
| 2013 | -440.57 billion constant LCU | +127.0% |
| 2014 | -353.06 billion constant LCU | -19.9% |
| 2015 | -534.42 billion constant LCU | +51.4% |
| 2016 | -632.65 billion constant LCU | +18.4% |
| 2017 | -347.73 billion constant LCU | -45.0% |
| 2018 | -235.88 billion constant LCU | -32.2% |
| 2019 | -906.33 billion constant LCU | +284.2% |
| 2020 | -940.29 billion constant LCU | +3.7% |
| 2021 | -821.63 billion constant LCU | -12.6% |
| 2022 | -1.09 trillion constant LCU | +32.5% |
| 2023 | -1.95 trillion constant LCU | +78.9% |
| 2024 | -2.08 trillion constant LCU | +6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 430.75 billion constant LCU | -98.70 billion constant LCU | 654.78 billion constant LCU | 5 |
| 2010s | -248.22 billion constant LCU | -906.33 billion constant LCU | 624.28 billion constant LCU | 10 |
| 2020s | -1.38 trillion constant LCU | -2.08 trillion constant LCU | -821.63 billion constant LCU | 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)
- GNI, Atlas method (current US$), annual growth rate 14.98 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9354 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 13,743 current US$ per person (2025)
- GNI (current US$), annual growth rate 5.95 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9277 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 13,630 current US$ per person (2025)
- GNI (current LCU), annual growth rate 17.72 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 483.38 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is external balance on goods and services in Kazakhstan?
- External balance on goods and services in Kazakhstan was -2.08 trillion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Kazakhstan?
- The highest recorded value was 654.78 billion constant LCU in 2005.
- What is the lowest external balance on goods and services recorded in Kazakhstan?
- The lowest recorded value was -2.08 trillion constant LCU in 2024.
- How does Kazakhstan rank for external balance on goods and services?
- Kazakhstan ranks 145th out of 161 countries with data for 2024.
- Is external balance on goods and services rising or falling in Kazakhstan?
- Over the last ten years it is down 489.3%. The long-run trend across the full record is volatile.
- Where does this Kazakhstan data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.