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.
Government Budget in Kazakhstan is expected to be -1.70 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Government Budget is projected to trend around -1.50 percent of GDP in 2020, according to our econometric models.