Kazakhstan posted a current account surplus of USD 0.1 billion in the second quarter of 2020, compared to a deficit of USD 1.6 billion in the same period last year, a preliminary estimate showed. The secondary income surplus increased to USD 0.2 billion from USD 0.1 billion a year ago, while the primary income gap fell sharply to USD 2.1 billion from USD 5.9 billion. Meanwhile, the services deficit was unchanged at USD 0.9 billion while the goods surplus narrowed to USD 2.9 billion from USD 5.1 billion.
Current Account in Kazakhstan averaged -161.23 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 -3081.30 USD Million in the third quarter of 2007. 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 October of 2020.
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 1140.00 in 12 months time. In the long-term, the Kazakhstan Current Account is projected to trend around 950.00 USD Million in 2021, according to our econometric models.