Government Spending in Kazakhstan decreased to 2132967.80 KZT Million in the first quarter of 2021 from 9002130.90 KZT Million in the fourth quarter of 2020. source: Agency of Statistics of the Republic of Kazakhstan

Government Spending in Kazakhstan averaged 1999458.55 KZT Million from 2004 until 2021, reaching an all time high of 9002130.90 KZT Million in the fourth quarter of 2020 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 2021.

Government Spending in Kazakhstan is expected to be 4422040.00 KZT Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Government Spending is projected to trend around 9689444.00 KZT Million in 2022 and 10222363.00 KZT Million in 2023, according to our econometric models.

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Kazakhstan Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
2132967.80 9002130.90 9002130.90 150857.30 2004 - 2021 KZT Million Quarterly
Current Prices, NSA

Kazakhstan Government Last Previous Highest Lowest Unit
Government Debt to GDP 23.40 19.90 23.40 5.32 percent of GDP [+]
Government Budget -4.00 -1.80 0.80 -4.20 percent of GDP [+]
Government Budget Value -1944453.39 -1511154.45 640347.00 -2223183.61 KZT Million [+]
Government Spending 2132967.80 9002130.90 9002130.90 150857.30 KZT Million [+]
Government Revenues 8438232.89 7248721.56 14521190.82 53663.00 KZT Million [+]
Government Debt 24089209.00 24643375.00 24643375.00 559098.00 USD Thousand [+]
Military Expenditure 1752.00 1929.00 1929.00 219.00 USD Million [+]
Credit Rating 56.00 [+]
Fiscal Expenditure 9713616.75 8144318.89 16725096.72 23226.00 KZT 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.