Kazakhstan recorded a government budget deficit of 1126845.80 KZT Million in November of 2019. Government Budget Value in Kazakhstan averaged -73423.12 KZT Million from 2001 until 2019, reaching an all time high of 640347 KZT Million in December of 2008 and a record low of -1356975.10 KZT Million in December of 2017.

Government Budget Value in Kazakhstan is expected to be 9798376.08 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 9798376.08 in 12 months time. In the long-term, the Kazakhstan Cumulative Government Budget Value is projected to trend around 11824003.05 KZT Million in 2020, according to our econometric models.

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Kazakhstan Cumulative Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-1126845.80 -1126845.83 640347.00 -1356975.10 2001 - 2019 KZT Million Monthly
Current Prices, NSA

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.

Kazakhstan Government Last Previous Highest Lowest Unit
Government Debt to GDP 21.90 20.40 21.90 5.90 percent [+]
Government Budget -1.40 -2.70 0.80 -4.20 percent of GDP [+]
Government Budget Value -1126845.80 -1126845.83 640347.00 -1356975.10 KZT Million [+]
Government Spending 4258344.80 2822380.10 5744570.70 150857.30 KZT Million [+]
Government Revenues 11534810.20 10099222.99 11567691.50 53663.00 KZT Million [+]
Government Debt 18079072.00 17517832.00 23531046.00 559098.00 USD Thousand [+]
Fiscal Expenditure 15190703.00 10593806.01 15190703.00 23226.00 KZT Million [+]
Credit Rating 56.00 [+]
Military Expenditure 1607.00 1391.00 1714.00 231.00 USD Million [+]