Kazakhstan's current account deficit decreased sharply to USD 0.12 billion in the September quarter of 2018 from USD 1.68 billion in the same quarter of the prior year, a preliminary estimate showed. It was the smallest current account gap since the first quarter of 2015, amid a noticeable improvement in the goods account. In the third quarter, the goods account surplus surged to USD 7.03 billion (from USD 3.59 billion in the third quarter of 2017). At the same time, the secondary income posted a surplus of USD 0.07 billion, compared to a deficit of USD 0.12 billion a year ago. Meantime, the gap of services account was virtually unchanged (at USD -1.1 billion), while that of primary income gap widened markedly to USD 6.1 billion (from USD 4.03 billion). Current Account in Kazakhstan averaged -156.24 USD Million from 1995 until 2018, 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.

Current Account in Kazakhstan is expected to be -125.00 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 -190.71 in 12 months time. In the long-term, the Kazakhstan Current Account is projected to trend around -586.00 USD Million in 2020, according to our econometric models.

Kazakhstan Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-02-07 02:00 AM Current Account $-0.1B $-1.7B $ -1.3B
2018-05-10 04:30 AM Current Account $-0.1B $-0.74B $ -1.7B
2018-09-29 11:30 PM Current Account $-0.2B $-0.6B $ -0.3B
2018-11-06 03:00 AM Current Account $-0.12B $-0.2B $ 0.7B
2019-02-07 02:00 AM Current Account -125
2019-05-10 04:30 AM Current Account -214
2019-09-06 11:30 PM Current Account -347


Kazakhstan Trade Last Previous Highest Lowest Unit
Balance of Trade 1800.40 2464.20 6771.90 -22.10 USD Million [+]
Current Account -117.90 -180.20 6655.80 -3081.30 USD Million [+]
Current Account to GDP -3.20 -6.20 5.42 -51.70 percent [+]
Imports 2880.80 3067.40 4587.30 252.60 USD Million [+]
Exports 4681.20 5531.60 9788.50 286.50 USD Million [+]
External Debt 161461.00 164422.00 168889.00 4765.00 USD Million [+]
Capital Flows 459.60 405.80 11178.30 -5858.20 USD Million [+]
Gold Reserves 345.40 335.10 345.40 52.68 Tonnes [+]
Crude Oil Production 1680.00 1892.00 1892.00 407.00 BBL/D/1K [+]
Foreign Direct Investment 5023.06 5588.33 8206.11 864.32 USD Million [+]
Terrorism Index 2.95 0.93 3.05 0.00 [+]
Remittances 113.27 106.09 113.27 39.60 USD Million [+]

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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). This page provides - Kazakhstan Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Current Account - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-117.90 -180.20 6655.80 -3081.30 1995 - 2018 USD Million Quarterly




Country Last Previous
Argentina -7591.00 Sep/18
Australia -10688.00 Sep/18
Brazil -795.30 Nov/18
Canada -10343.00 Sep/18
China 233.00 Sep/18
Euro Area 23.20 Nov/18
France -2756.00 Nov/18
Germany 21400.00 Nov/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 4805.70 Nov/18
Japan 757.22 Nov/18
Mexico -5081.50 Sep/18
Netherlands 20484.80 Sep/18
Russia 38800.00 Dec/18
Saudi Arabia 29583.00 Sep/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 5063.40 Nov/18
Spain 294.00 Oct/18
Switzerland 14596.00 Sep/18
Turkey 986.00 Nov/18
United Kingdom -26522.00 Sep/18
United States -124817.00 Sep/18


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