Kazakhstan recorded a Government Budget deficit equal to 2.70 percent of the country's Gross Domestic Product in 2024. Government Budget in Kazakhstan averaged -2.02 percent of GDP from 1993 until 2024, 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. source: The National Bank of Kazakhstan

Government Budget in Kazakhstan is expected to reach -2.40 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Government Budget is projected to trend around -2.40 percent of GDP in 2026 and -2.60 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 60.00 Jan 2026
Fiscal Expenditure 2713452.50 2063664.40 KZT Million Nov 2025
Government Budget -2.70 -2.30 percent of GDP Dec 2024
Government Budget Value -99381.10 -742827.60 KZT Million Nov 2025
Government Debt 45960937.00 45723416.00 USD Thousand Sep 2025
Government Debt to GDP 23.70 22.80 percent of GDP Dec 2024
Government Revenues 2614071.40 1320836.70 KZT Million Nov 2025
Government Spending 11324860.20 7675734.30 KZT Million Sep 2025
Holidays
Military Expenditure 1209.00 1164.30 USD Million Dec 2024


Kazakhstan Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-2.70 -2.30 0.80 -4.20 1993 - 2024 percent of GDP Yearly