Kazakhstan recorded a Government Budget deficit equal to 1.40 percent of the country's Gross Domestic Product in 2018. Government Budget in Kazakhstan averaged -1.88 percent of GDP from 1993 until 2018, reaching an all time high of 0.80 percent of GDP in 2006 and a record low of -4.20 percent of GDP in 1998.

Government Budget in Kazakhstan is expected to be -1.50 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Government Budget is projected to trend around -1.50 percent of GDP in 2020, according to our econometric models.


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Kazakhstan Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-1.40 -2.70 0.80 -4.20 1993 - 2018 percent of GDP Yearly


Kazakhstan Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.

Kazakhstan Government Last Previous Highest Lowest Unit
Government Debt to GDP 21.90 20.40 21.90 5.90 percent [+]
Government Budget -1.40 -2.70 0.80 -4.20 percent of GDP [+]
Government Budget Value -1126845.80 -1126845.83 640347.00 -1356975.10 KZT Million [+]
Government Spending 4258344.80 2822380.10 5744570.70 150857.30 KZT Million [+]
Government Revenues 11534810.20 10099222.99 11567691.50 53663.00 KZT Million [+]
Government Debt 18079072.00 17517832.00 23531046.00 559098.00 USD Thousand [+]
Fiscal Expenditure 15190703.00 10593806.01 15190703.00 23226.00 KZT Million [+]
Credit Rating 56.00 [+]
Military Expenditure 1607.00 1391.00 1714.00 231.00 USD Million [+]