Kazakhstan recorded a Government Debt to GDP of 23.70 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Kazakhstan averaged 15.75 percent of GDP from 2002 until 2024, reaching an all time high of 27.40 percent of GDP in 2021 and a record low of 5.32 percent of GDP in 2007. source: IMF

Government Debt to GDP in Kazakhstan is expected to reach 24.00 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 Debt to GDP is projected to trend around 26.00 percent of GDP in 2026 and 28.00 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 60.00 Feb 2026
Fiscal Expenditure 2745552.40 2713452.50 KZT Million Dec 2025
Government Budget -2.70 -2.30 percent of GDP Dec 2024
Government Budget Value -595269.40 -99381.10 KZT Million Dec 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 2150283.00 2614071.40 KZT Million Dec 2025
Government Spending 11324860.20 7675734.30 KZT Million Sep 2025
Holidays
Military Expenditure 1209.00 1164.30 USD Million Dec 2024


Kazakhstan Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
23.70 22.80 27.40 5.32 2002 - 2024 percent of GDP Yearly