Gross savings in Kazakhstan
Kazakhstan: Gross savings was 29.0% in 2024. ▲ Rising
Gross savings in Kazakhstan, 1995–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Kazakhstan recorded 29.0% for gross savings in 2024.
Compared with earlier readings it is up 7.7% on the previous year and down 3.8% over ten years.
Over the whole period, gross savings in Kazakhstan peaked at 32.8% in 2011 and was at its lowest, 13.7%, in 1999.
That places Kazakhstan 45th out of 178 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Gross savings in Kazakhstan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 14.9% | — |
| 1996 | 19.1% | +27.8% |
| 1997 | 16.1% | -15.7% |
| 1998 | 15.2% | -5.6% |
| 1999 | 13.7% | -9.5% |
| 2000 | 21.2% | +54.4% |
| 2001 | 24.8% | +17.2% |
| 2002 | 30.3% | +22.0% |
| 2003 | 28.5% | -5.7% |
| 2004 | 27.4% | -3.9% |
| 2005 | 28.5% | +3.8% |
| 2006 | 31.1% | +9.2% |
| 2007 | 29.4% | -5.4% |
| 2008 | 30.1% | +2.4% |
| 2009 | 29.4% | -2.2% |
| 2010 | 30.4% | +3.3% |
| 2011 | 32.8% | +7.9% |
| 2012 | 29.8% | -9.3% |
| 2013 | 29.0% | -2.6% |
| 2014 | 30.1% | +4.0% |
| 2015 | 27.6% | -8.3% |
| 2016 | 23.9% | -13.5% |
| 2017 | 25.9% | +8.5% |
| 2018 | 27.8% | +7.4% |
| 2019 | 26.7% | -4.2% |
| 2020 | 26.2% | -1.8% |
| 2021 | 24.5% | -6.4% |
| 2022 | 28.1% | +14.7% |
| 2023 | 26.9% | -4.3% |
| 2024 | 29.0% | +7.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.8% | 13.7% | 19.1% | 5 |
| 2000s | 28.1% | 21.2% | 31.1% | 10 |
| 2010s | 28.4% | 23.9% | 32.8% | 10 |
| 2020s | 26.9% | 24.5% | 29.0% | 5 |
Countries ranked near Kazakhstan
- 42 Uzbekistan 29.5% compare
- 43 Morocco 29.4% compare
- 44 Hong Kong, China 29.2% compare
- 46 Saudi Arabia 28.9% compare
- 47 Netherlands 28.8% compare
- 48 Faroe Islands 28.8% compare
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 2.1 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2279 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 3,225 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -3.92 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth -1.23 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 12.57 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 19.51 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 286,591 current LCU per person (2025)
Frequently asked questions
- What is gross savings in Kazakhstan?
- Gross savings in Kazakhstan was 29.0% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Kazakhstan?
- The highest recorded value was 32.8% in 2011.
- What is the lowest gross savings recorded in Kazakhstan?
- The lowest recorded value was 13.7% in 1999.
- How does Kazakhstan rank for gross savings?
- Kazakhstan ranks 45th out of 178 countries with data for 2024.
- Is gross savings rising or falling in Kazakhstan?
- Over the last ten years it is down 3.8%. The long-run trend across the full record is rising.
- Where does this Kazakhstan data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.