Government Spending in Kazakhstan increased to 4272502.40 KZT Million in the third quarter of 2020 from 4179121 KZT Million in the second quarter of 2020. source: Agency of Statistics of the Republic of Kazakhstan

Government Spending in Kazakhstan averaged 1907969.04 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 May of 2021.

Government Spending in Kazakhstan is expected to be 4283599.00 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 4392132.00 in 12 months time. In the long-term, the Kazakhstan Government Spending is projected to trend around 4598708.00 KZT Million in 2022 and 4851637.00 KZT Million in 2023, according to our econometric models.

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Kazakhstan Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
4272502.40 4179121.00 6349831.80 150857.30 2004 - 2020 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 [+]
Government Budget -4.00 -1.80 0.80 -4.20 percent of GDP [+]
Government Budget Value -770106.60 -519773.59 640347.00 -2223183.61 KZT Million [+]
Government Spending 4272502.40 4179121.00 6349831.80 150857.30 KZT Million [+]
Government Revenues 2228232.47 907049.86 14521190.82 53663.00 KZT Million [+]
Government Debt 21438426.00 20729146.00 23531046.00 559098.00 USD Thousand [+]
Fiscal Expenditure 2625235.71 1202494.17 16725096.72 23226.00 KZT Million [+]
Military Expenditure 1863.00 1572.00 1863.00 231.00 USD Million [+]
Credit Rating 56.00 [+]

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.