Government Spending in Kazakhstan increased to 9002130.90 KZT Million in the fourth quarter of 2020 from 4272502.40 KZT Million in the third quarter of 2020. source: Agency of Statistics of the Republic of Kazakhstan

Government Spending in Kazakhstan averaged 1997768.56 KZT Million from 2004 until 2020, reaching an all time high of 9002130.90 KZT Million in the fourth quarter of 2020 and a record low of 150857.30 KZT Million in the first quarter of 2005. This page provides - Kazakhstan Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Government Spending - values, historical data and charts - was last updated on June of 2021.

Government Spending in Kazakhstan is expected to be 4283599.00 KZT Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Kazakhstan to stand at 4392132.00 in 12 months time. In the long-term, the Kazakhstan Government Spending is projected to trend around 4598708.00 KZT Million in 2022 and 4851637.00 KZT Million in 2023, according to our econometric models.

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Kazakhstan Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
9002130.90 4272502.40 9002130.90 150857.30 2004 - 2020 KZT Million Quarterly
Current Prices, NSA

Kazakhstan Government Last Previous Highest Lowest Unit
Government Debt to GDP 23.40 19.90 23.40 5.32 percent of GDP [+]
Government Budget -4.00 -1.80 0.80 -4.20 percent of GDP [+]
Government Budget Value -957248.03 -770106.60 640347.00 -2223183.61 KZT Million [+]
Government Spending 9002130.90 4272502.40 9002130.90 150857.30 KZT Million [+]
Government Revenues 3296306.73 2228232.47 14521190.82 53663.00 KZT Million [+]
Government Debt 21438426.00 20729146.00 23531046.00 559098.00 USD Thousand [+]
Military Expenditure 1752.00 1929.00 1929.00 219.00 USD Million [+]
Credit Rating 56.00 [+]
Fiscal Expenditure 3815103.80 2625235.71 16725096.72 23226.00 KZT Million [+]

Kazakhstan Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.