Kazakhstan posted a current account gap of USD 1.28 billion in the fourth quarter of 2019 from a USD 1.53 billion surplus in the corresponding period of the previous year, a preliminary estimate showed. The goods surplus narrowed to USD 4.58 billion from USD 6.98 billion a year earlier while the primary income shortfall widened to USD 4.89 billion from USD 4.41 billion. In addition, the secondary income surplus narrowed to USD 19.4 million from USD 344.1 million. On the other hand, the services gap decreased to USD 0.99 billion from USD 1.38 billion in the same period of 2018. Considering full 2019, the country’s current account gap widened sharply to USD 5.54 billion from USD 0.29 billion in 2018.

Current Account in Kazakhstan averaged -188.67 USD Million from 1995 until 2019, reaching an all time high of 6655.80 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.

Current Account in Kazakhstan is expected to be -1300.00 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.


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Kazakhstan Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-1278.80 -2834.70 6655.80 -3081.30 1995 - 2019 USD Million Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2019-05-08 11:00 AM Q1 $0.83B $1.53B $-0.4B
2019-09-02 10:30 AM Q2 $-2.35B $0.36B $-0.3B
2019-11-11 12:00 AM Q3 $-2.79B $-1.76B $0.2B
2020-02-13 11:00 AM Q4 $-1.28B $-2.83B $0.8B
2020-05-27 11:00 AM Q1 $-1.28B $-1.3B
2020-08-13 11:00 AM Q2 $-0.5B
2020-11-16 11:00 AM Q3


News Stream
Kazakhstan Current Account Swings to Deficit in Q4
Kazakhstan posted a current account gap of USD 1.28 billion in the fourth quarter of 2019 from a USD 1.53 billion surplus in the corresponding period of the previous year, a preliminary estimate showed. The goods surplus narrowed to USD 4.58 billion from USD 6.98 billion a year earlier while the primary income shortfall widened to USD 4.89 billion from USD 4.41 billion. In addition, the secondary income surplus narrowed to USD 19.4 million from USD 344.1 million. On the other hand, the services gap decreased to USD 0.99 billion from USD 1.38 billion in the same period of 2018. Considering full 2019, the country’s current account gap widened sharply to USD 5.54 billion from USD 0.29 billion in 2018.
2020-02-13
Kazakhstan Posts Largest Current Account Gap in 3 Quarters
Kazakhstan 's current account deficit widened sharply to USD 2.79 billion in the September quarter 2019 from a USD 0.35 billion gap a year earlier. This was the largest current account deficit since the fourth quarter last year, as the goods account surplus narrowed to USD 3.18 billion from USD 6.27 billion a year ago, and the services account gap rose to USD 0.47 billion from USD 1.31 billion gap. Meantime, the primary income gap edged down to USD 5.61 billion from USD 5.63 billion gap and the secondary income surplus advanced to USD 0.11 billion from USD 0.03 billion.
2019-11-11
Kazakhstan Posts Largest Current Account Deficit Since 2016
Kazakhstan's current account deficit widened sharply to USD 2.4 billion in the second quarter of 2019 from USD 0.5 billion in the same quarter of the prior year, a preliminary estimate showed. It was the largest current account deficit since the last quarter 2016, as the services shortfall increased to USD 1.3 billion from USD 1.0 billion a year ago while the goods account surplus narrowed to USD 4.6 billion from USD 6.4 billion. On the other hand, the primary income deficit decreased to USD 5.7 billion from USD 5.8 billion while the secondary income surplus rose to USD 40.4 million from USD 18.6 million in the same period a year ago.
2019-09-02
Kazakhstan Current Account Swings to Surplus in Q1
Kazakhstan posted a current account surplus of USD 835 million in the first quarter of 2019, swinging from a USD 893 million deficit in the same quarter of the prior year, a preliminary estimate showed. The goods account surplus surged to USD 7,082 million from USD 6,192 million a year earlier while the secondary income surplus increased to USD 84.3 million from USD 21.9 million. In addition, the primary income deficit narrowed to USD 5,267 million from USD 6,183 million. Meanwhile, the services account gap rose to USD 1,065 million from USD 924 million.
2019-05-08

Kazakhstan Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).