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Prices & public finance · Europe & Central Asia · Upper-middle income
Kazakhstan: prices, money and public finance
Inflation is 11.4% (2025), 20th of 180 in the world and 3rd of 49 in Europe & Central Asia. GDP deflator is 9.6% (2025), 28th of 209 in the world and 6th of 56 in Europe & Central Asia. Exchange rate is 521.03 (2025), 44th of 210 in the world and 2nd of 57 in Europe & Central Asia.
Inflation
KazakhstanEurope & Central AsiaUpper-middle incomeWorld
GDP deflator
KazakhstanEurope & Central AsiaUpper-middle incomeWorld
12 indicators
Prices & public finance: Kazakhstan in detail
Latest reported value, world rank and rank within Europe & Central Asia; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 11.4%2025 | 20/180 | 3/49 | 13.2% | 7.4% | 6.8% | +4.7 ppsince 2015 | 3.7% | 3.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 9.6%2025 | 28/209 | 6/56 | 17.4% | 19.5% | 4.2% | +7.8 ppsince 2015 | 3.6% | 3.3% | 3.3% | |
| Exchange rateOfficial exchange rate, local currency per US$ | 521.032025 | 44/210 | 2/57 | 142.13 | 147.35 | 412.95 | +135%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 11.9%2023 | 110/142 | 43/48 | 10.2% | 15.7% | 8.3% | −4.1 ppsince 2013 | 19.7% | 10.4% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 16.5%2023 | 113/142 | 48/48 | 11.3% | 21.4% | 11.8% | −4.0 ppsince 2013 | 34.7% | 18.5% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 17.4%2023 | 111/142 | 45/47 | 13.7% | 16.5% | 16.8% | +2.8 ppsince 2013 | 38.9% | — | 28.5% | |
| Government debtCentral government debt, % of GDP | 20.9%2023 | 70/78 | 17/19 | · | 9.5% | 23.7% | +10.0 ppsince 2013 | — | — | — | |
| External debtExternal debt stocks, % of GNI | 62.6%2024 | 35/119 | 7/20 | 75.1% | 92.6% | 110.8% | −18.0 ppsince 2014 | — | 21.3% | — | |
| Private creditDomestic credit to private sector, % of GDP | 27.7%2025 | 115/169 | 42/48 | · | · | 25.6% | −10.0 ppsince 2015 | 82.1% | 139.0% | 140.3% | |
| Broad moneyBroad money, % of GDP | 33.1%2025 | 115/146 | 25/28 | 15.3% | 38.9% | 35.3% | −8.8 ppsince 2015 | — | 167.9% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 7.42025 | 33/165 | 5/49 | 2.4 | 5.1 | 6.7 | +30%since 2015 | 6.3 | 9.9 | 8.6 | |
| Military spendingMilitary expenditure, % of GDP | 0.43%2025 | 148/156 | 45/47 | 0.78% | 1.01% | 0.91% | −0.7 ppsince 2015 | 2.83% | 1.87% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- External debt−18.0 pp62.6% in 2024
- Reserves, months of imports+30%7.4 in 2025
Worse than ten years ago
- Inflation+4.7 pp11.4% in 2025
- Government debt+10.0 pp20.9% in 2023
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Kazakhstan and its neighbours
Countries sharing a land border with Kazakhstan. Latest values since 2005; the highest in each row is marked.
| Indicator | Kazakhstan | China | Russia | Uzbekistan | Turkmenistan | Kyrgyzstan |
|---|---|---|---|---|---|---|
| Inflation | 11.4%2025 | 0.1%2025 | 8.7%2025 | 8.8%2025 | — | 8.2%2025 |
| GDP deflator | 9.6%2025 | -0.9%2025 | 4.9%2025 | 11.9%2025 | 6.0%2025 | 12.4%2025 |
| Exchange rate | 521.032025 | 7.192025 | 83.652025 | 12,579.392025 | — | 87.362025 |
| Tax revenue | 11.9%2023 | 7.0%2024 | 10.9%2024 | 11.0%2023 | — | 19.6%2024 |
| Government revenue | 16.5%2023 | 14.9%2024 | 27.8%2024 | 19.4%2023 | — | 30.4%2024 |
| Government expense | 17.4%2023 | — | 30.0%2023 | 22.3%2023 | — | 23.7%2023 |
| Government debt | 20.9%2023 | — | 17.9%2024 | — | — | 38.7%2024 |
| External debt | 62.6%2024 | 13.0%2024 | 16.8%2022 | 60.5%2024 | 5.2%2024 | 69.2%2024 |
| Private credit | 27.7%2025 | 194.3%2024 | 54.6%2021 | 31.2%2025 | — | 22.3%2024 |