Kazakhstan's current account deficit narrowed to USD 1.73 billion in the fourth quarter of 2020, from USD 2.10 billion in the same period last year. The services gap declined to USD 0.67 billion from USD 1.12 billion a year earlier and the primary income deficit declined to USD 4.36 billion from USD 5.43 billion. Meanwhile, the goods surplus dropped to USD 1.74 billion from USD 4.11 billion, while the secondary income surplus rose to USD 1.56 billion from USD 0.33 billion. Considering 2020 full year, the current account gap narrowed to USD 5.87 billion from USD 7.21 billion in 2019. source: The National Bank of Kazakhstan
Current Account in Kazakhstan averaged -240.91 USD Million from 1995 until 2020, reaching an all time high of 6862.60 USD Million in the first quarter of 2014 and a record low of -5237 USD Million in the third quarter of 2020. This page provides - Kazakhstan Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Current Account - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Current Account in Kazakhstan is expected to be -500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Kazakhstan to stand at 950.00 in 12 months time. In the long-term, the Kazakhstan Current Account is projected to trend around 950.00 USD Million in 2022, according to our econometric models.