Kazakhstan recorded a government budget deficit of 1563640.43 KZT Million in August of 2020.

Government Budget Value in Kazakhstan averaged -101617.75 KZT Million from 2001 until 2020, reaching an all time high of 640347 KZT Million in December of 2008 and a record low of -1563640.43 KZT Million in August of 2020. This page provides - Kazakhstan Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Cumulative Government Budget Value - values, historical data and charts - was last updated on October of 2020.

Government Budget Value in Kazakhstan is expected to be 11830878.92 KZT Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Kazakhstan to stand at 11830878.92 in 12 months time. In the long-term, the Kazakhstan Cumulative Government Budget Value is projected to trend around 11824003.05 KZT Million in 2021, according to our econometric models.

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Kazakhstan Cumulative Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-1563640.43 -1535218.32 640347.00 -1563640.43 2001 - 2020 KZT Million Monthly
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 -1563640.43 -1535218.32 640347.00 -1563640.43 KZT Million [+]
Government Spending 4179121.00 1841168.00 6349831.80 150857.30 KZT Million [+]
Government Revenues 9379380.67 8066428.52 12758479.18 53663.00 KZT Million [+]
Government Debt 20729146.00 16686700.00 23531046.00 559098.00 USD Thousand [+]
Fiscal Expenditure 10291368.02 8934192.92 15190703.00 23226.00 KZT Million [+]
Credit Rating 56.00 [+]
Military Expenditure 1607.00 1391.00 1714.00 231.00 USD Million [+]

Kazakhstan Cumulative Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.