Government Spending in Kazakhstan increased to 4258344.80 KZT Million in the third quarter of 2019 from 2822380.10 KZT Million in the second quarter of 2019. Government Spending in Kazakhstan averaged 1786202.19 KZT Million from 2004 until 2019, reaching an all time high of 5744570.70 KZT Million in the fourth quarter of 2017 and a record low of 150857.30 KZT Million in the first quarter of 2005.

Government Spending in Kazakhstan is expected to be 1154335.00 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 2923986.00 in 12 months time. In the long-term, the Kazakhstan Government Spending is projected to trend around 3144361.00 KZT Million in 2020, according to our econometric models.

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Kazakhstan Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
4258344.80 2822380.10 5744570.70 150857.30 2004 - 2019 KZT Million Quarterly
Current Prices, NSA

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.

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 [+]