Terms of trade adjustment in Kazakhstan
Kazakhstan: Terms of trade adjustment was 3.77 trillion constant LCU in 2024. ◆ Volatile
Terms of trade adjustment in Kazakhstan, 1992–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Kazakhstan recorded 3.77 trillion constant LCU for terms of trade adjustment in 2024.
Compared with earlier readings it is up 1.4% on the previous year and up 26.8% over ten years.
Over the whole period, terms of trade adjustment in Kazakhstan peaked at 4.45 trillion constant LCU in 2022 and was at its lowest, -662.44 billion constant LCU, in 2003.
That places Kazakhstan 9th out of 178 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Terms of trade adjustment in Kazakhstan, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1992 | 1.75 trillion constant LCU | — |
| 1993 | 193.85 billion constant LCU | -88.9% |
| 1994 | 245.53 billion constant LCU | +26.7% |
| 1995 | -100.28 billion constant LCU | -140.8% |
| 1996 | -367.22 billion constant LCU | +266.2% |
| 1997 | -347.29 billion constant LCU | -5.4% |
| 1998 | -338.25 billion constant LCU | -2.6% |
| 1999 | 17.29 billion constant LCU | -105.1% |
| 2000 | 288.68 billion constant LCU | +1569.6% |
| 2001 | -190.47 billion constant LCU | -166.0% |
| 2002 | -524.83 billion constant LCU | +175.5% |
| 2003 | -662.44 billion constant LCU | +26.2% |
| 2004 | -413.35 billion constant LCU | -37.6% |
| 2005 | 0 constant LCU | -100.0% |
| 2006 | 484.74 billion constant LCU | — |
| 2007 | 823.33 billion constant LCU | +69.8% |
| 2008 | 1.79 trillion constant LCU | +117.7% |
| 2009 | 237.03 billion constant LCU | -86.8% |
| 2010 | 1.15 trillion constant LCU | +383.4% |
| 2011 | 2.28 trillion constant LCU | +98.9% |
| 2012 | 2.51 trillion constant LCU | +10.1% |
| 2013 | 2.69 trillion constant LCU | +7.3% |
| 2014 | 2.97 trillion constant LCU | +10.4% |
| 2015 | 1.33 trillion constant LCU | -55.3% |
| 2016 | 1.20 trillion constant LCU | -9.6% |
| 2017 | 1.93 trillion constant LCU | +60.5% |
| 2018 | 2.57 trillion constant LCU | +33.4% |
| 2019 | 2.58 trillion constant LCU | +0.3% |
| 2020 | 1.76 trillion constant LCU | -31.7% |
| 2021 | 2.68 trillion constant LCU | +51.9% |
| 2022 | 4.45 trillion constant LCU | +66.5% |
| 2023 | 3.72 trillion constant LCU | -16.5% |
| 2024 | 3.77 trillion constant LCU | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 131.62 billion constant LCU | -367.22 billion constant LCU | 1.75 trillion constant LCU | 8 |
| 2000s | 183.51 billion constant LCU | -662.44 billion constant LCU | 1.79 trillion constant LCU | 10 |
| 2010s | 2.12 trillion constant LCU | 1.15 trillion constant LCU | 2.97 trillion constant LCU | 10 |
| 2020s | 3.28 trillion constant LCU | 1.76 trillion constant LCU | 4.45 trillion 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.9 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9379 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 13,780 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 16.55 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 488.69 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 7.18 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 6.5 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8059 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is terms of trade adjustment in Kazakhstan?
- Terms of trade adjustment in Kazakhstan was 3.77 trillion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest terms of trade adjustment recorded in Kazakhstan?
- The highest recorded value was 4.45 trillion constant LCU in 2022.
- What is the lowest terms of trade adjustment recorded in Kazakhstan?
- The lowest recorded value was -662.44 billion constant LCU in 2003.
- How does Kazakhstan rank for terms of trade adjustment?
- Kazakhstan ranks 9th out of 178 countries with data for 2024.
- Is terms of trade adjustment rising or falling in Kazakhstan?
- Over the last ten years it is up 26.8%. 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 Terms of trade adjustment (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. 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.