Government Spending in Kazakhstan decreased to 1841168 KZT Million in the first quarter of 2020 from 6349831.80 KZT Million in the fourth quarter of 2019.

Government Spending in Kazakhstan averaged 1846973.18 KZT Million from 2004 until 2020, reaching an all time high of 6349831.80 KZT Million in the fourth quarter of 2019 and a record low of 150857.30 KZT Million in the first quarter of 2005. This page provides - Kazakhstan Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Government Spending - values, historical data and charts - was last updated on September of 2020.

Government Spending in Kazakhstan is expected to be 4205115.00 KZT Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Kazakhstan to stand at 1909291.00 in 12 months time. In the long-term, the Kazakhstan Government Spending is projected to trend around 6439530.00 KZT Million in 2021 and 6671353.00 KZT Million in 2022, according to our econometric models.

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Kazakhstan Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
1841168.00 6349831.80 6349831.80 150857.30 2004 - 2020 KZT Million Quarterly
Current Prices, NSA

Kazakhstan Government Last Previous Highest Lowest Unit
Government Debt to GDP 21.90 20.40 21.90 5.90 percent [+]
Government Budget -2.40 -1.40 0.80 -4.20 percent of GDP [+]
Government Budget Value -1535218.32 -1032533.15 640347.00 -1535218.32 KZT Million [+]
Government Spending 1841168.00 6349831.80 6349831.80 150857.30 KZT Million [+]
Government Revenues 8066428.52 7069555.44 12758479.18 53663.00 KZT Million [+]
Government Debt 16686700.00 18079072.00 23531046.00 559098.00 USD Thousand [+]
Fiscal Expenditure 8934192.92 7399203.99 15190703.00 23226.00 KZT Million [+]
Credit Rating 56.00 [+]
Military Expenditure 1607.00 1391.00 1714.00 231.00 USD Million [+]

Kazakhstan Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.