Kazakhstan recorded a Current Account deficit of 381.40 USD Million in the second quarter of 2021. source: The National Bank of Kazakhstan

Current Account in Kazakhstan averaged -256.62 USD Million from 1995 until 2021, reaching an all time high of 6862.60 USD Million in the first quarter of 2014 and a record low of -5542.90 USD Million in the third quarter of 2020. This page provides - Kazakhstan Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Current Account - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Current Account in Kazakhstan is expected to be -850.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Current Account is projected to trend around -950.00 USD Million in 2022 and -700.00 USD Million in 2023, according to our econometric models.

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Kazakhstan Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-381.40 -1276.60 6862.60 -5542.90 1995 - 2021 USD Million Quarterly

Calendar GMT Actual Previous Consensus TEForecast
2020-11-09 11:00 AM Q3 $-5.5B $-1.1B $-0.5B
2021-02-17 11:00 AM Q4 $-1.7B $-5.2B $-2.5B
2021-05-05 05:00 AM Q1 $-1.2B $-1.7B $-1.1B
2021-08-13 11:00 AM Q2 $-0.38B $-1.28B $-1.5B
2021-11-12 11:00 AM Q3 $-0.38B

News Stream
Kazakhstan Current Account Gap Narrows in Q4
Kazakhstan's current account deficit narrowed to USD 1.73 billion in the fourth quarter of 2020, from USD 2.10 billion in the same period last year. The services gap declined to USD 0.67 billion from USD 1.12 billion a year earlier and the primary income deficit declined to USD 4.36 billion from USD 5.43 billion. Meanwhile, the goods surplus dropped to USD 1.74 billion from USD 4.11 billion, while the secondary income surplus rose to USD 1.56 billion from USD 0.33 billion. Considering 2020 full year, the current account gap narrowed to USD 5.87 billion from USD 7.21 billion in 2019.
Kazakhstan Posts Record Current Account Gap in Q3
Kazakhstan's current account deficit rose to USD 5.5 billion in the third quarter of 2020 from USD 3.2 billion in the same month of the previous year, a preliminary estimate showed. It was the widest current account shortfall since comparable data began in 1993, amid the pandemic crisis. The goods account shifted to a deficit of USD 1 billion compared to a surplus of 3 billion a year ago, as exports and imports fell 35.9 percent and 10.4 percent, respectively. Also, the services gap widened to USD 0.98 billion from USD 0.75 billion. Meantime, the primary income deficit went down to USD 3.8 billion from USD 5.7 billion in the third quarter of 2019, while the secondary income surplus fell slightly to USD 0.26 billion from USD 0.31 billion.

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).