External balance on goods and services in Kazakhstan
Kazakhstan: External balance on goods and services was 6.0% in 2024. ◆ Volatile
External balance on goods and services in Kazakhstan, 1992–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for external balance on goods and services in Kazakhstan is 6.0%, measured in 2024.
The figure is down 13.7% on the previous year and down 56.1% over ten years.
Over the whole period, external balance on goods and services in Kazakhstan peaked at 20.0% in 2008 and was at its lowest, -10.1%, in 1994.
That places Kazakhstan 32nd out of 193 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 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 in Kazakhstan?
- External balance on goods and services in Kazakhstan was 6.0% 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 20.0% in 2008.
- What is the lowest external balance on goods and services recorded in Kazakhstan?
- The lowest recorded value was -10.1% in 1994.
- How does Kazakhstan rank for external balance on goods and services?
- Kazakhstan ranks 32nd out of 193 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 56.1%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.