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. This page provides - Kazakhstan Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Government Budget - values, historical data and charts - was last updated on August of 2020.

Government Budget in Kazakhstan is expected to reach -3.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Government Budget is projected to trend around -4.50 percent of GDP in 2021 and -4.00 percent of GDP in 2022, according to our econometric models.

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Kazakhstan Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-2.40 -1.40 0.80 -4.20 1993 - 2019 percent of GDP Yearly

Kazakhstan Government Last Previous Highest Lowest Unit
Government Debt to GDP 21.90 20.40 21.90 5.90 percent [+]
Government Budget -2.40 -1.40 0.80 -4.20 percent of GDP [+]
Government Budget Value -774408.10 -632860.90 640347.00 -1356975.10 KZT Million [+]
Government Spending 1841168.00 6349831.80 6349831.80 150857.30 KZT Million [+]
Government Revenues 5954719.00 4548104.90 12758479.18 53663.00 KZT Million [+]
Government Debt 18079072.00 18079072.00 23531046.00 559098.00 USD Thousand [+]
Fiscal Expenditure 6021038.10 4700443.20 15190703.00 23226.00 KZT Million [+]
Credit Rating 56.00 [+]
Military Expenditure 1607.00 1391.00 1714.00 231.00 USD Million [+]


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.