Government Spending in Kazakhstan increased to 4548885.10 KZT Million in the second quarter of 2021 from 2132967.80 KZT Million in the first quarter of 2021. source: Agency of Statistics of the Republic of Kazakhstan

Government Spending in Kazakhstan averaged 2030932.95 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 December of 2021.

Government Spending in Kazakhstan is expected to be 9272195.00 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

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Government Spending 4548885.10 2132967.80 KZT Million Jun/21
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.