Kazakhstan Current Account to GDP

Kazakhstan recorded a Current Account surplus of 4.60 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Kazakhstan is reported by the National Bank of Kazakhstan. From 1992 until 2012, Kazakhstan Current Account to GDP averaged -4.1 Percent reaching an all time high of 7.6 Percent in December of 2011 and a record low of -51.7 Percent in December of 1992. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Kazakhstan Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
4.60 7.60 7.60 -51.70 7.44 | 2014/06 1992 - 2012 Percent Yearly

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Kazakhstan Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade 4895.50 2014-02-15 5200.40 6771.90 -22.10 4103.62 2014-06-30 USD Million [+]
Current Account -66.70 2013-11-15 -2135.10 5114.00 -3070.50 -1250.51 2014-06-30 USD Million [+]
Capital Flows -769.70 2013-11-15 -3708.70 7362.30 -4767.50 -2534.36 2014-06-30 USD Million [+]
Crude Oil Production 1567.00 2013-10-15 1545.00 1621.00 407.00 1582.21 2013-11-30 Thousands Barrels per Day [+]
Exports 7828.20 2014-02-15 7887.70 9788.50 286.50 7360.80 2014-06-30 USD Million [+]
External Debt 148753.00 2013-12-31 147965.00 148753.00 4765.00 157129.89 2014-06-30 USD Million [+]
Imports 2932.70 2014-02-15 2687.30 4725.00 252.60 3868.76 2014-06-30 USD Million [+]
Current Account to GDP 4.60 2012-12-31 7.60 7.60 -51.70 7.44 2014-06-30 Percent [+]
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Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


RELATED NEWS

Kazakhstan Balance of Trade at 4895.50 USD Million  
Kazakhstan recorded a trade surplus of 4895.50 USD Million in February of 2014. Balance of Trade in Kazakhstan is reported by the The National Bank of Kazakhstan.
Kazakhstan Exports at 7828.20 USD Million  
Exports in Kazakhstan decreased to 7828.20 USD Million in February of 2014 from 7887.70 USD Million in January of 2014. Exports in Kazakhstan is reported by the The National Bank of Kazakhstan.
Kazakhstan Imports at 2932.70 USD Million  
Imports in Kazakhstan increased to 2932.70 USD Million in February of 2014 from 2687.30 USD Million in January of 2014. Imports in Kazakhstan is reported by the The National Bank of Kazakhstan.
Kazakhstan GDP Annual Growth Rate at 2.90 Percent  
The Gross Domestic Product (GDP) in Kazakhstan expanded 2.90 percent in the first quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in Kazakhstan is reported by the Agency of Statistics of the Republic of Kazakhstan.
Kazakhstan Crude Oil Production at 1567.00 Thousands Barrels per Day  
Crude Oil Production in Kazakhstan increased to 1567 Thousands Barrels per Day in October of 2013 from 1545 Thousands Barrels per Day in September of 2013. Crude Oil Production in Kazakhstan is reported by the U.S. Energy Information Administration.
Kazakhstan Industrial Production at -1.00 Percent  
Industrial Production in Kazakhstan decreased 1 percent in March of 2014 over the same month in the previous year. Industrial Production in Kazakhstan is reported by the Agency of Statistics of the Republic of Kazakhstan.
Kazakhstan Producer Prices at 108.10 Index Points  
Producer Prices in Kazakhstan increased to 108.10 Index Points in March of 2014 from 101.50 Index Points in February of 2014. Producer Prices in Kazakhstan is reported by the The National Bank of Kazakhstan.
Kazakhstan Unemployed Persons at 463.50 Thousand  
The number of unemployed persons in Kazakhstan decreased to 463.50 Thousand in March of 2014 from 474.60 Thousand in February of 2014. Unemployed Persons in Kazakhstan is reported by the Agency of Statistics of the Republic of Kazakhstan.
Kazakhstan Average Monthly Wages at 104949.00 KZT  
Wages in Kazakhstan increased to 104949 KZT in February of 2014 from 104654 KZT in January of 2014. Wages in Kazakhstan is reported by the Agency of Statistics of the Republic of Kazakhstan.
Kazakhstan Business Confidence at 3.00 Percent  
Business Confidence in Kazakhstan decreased to 3 percent in December of 2013 from 9 percent in November of 2013. Business Confidence in Kazakhstan is reported by the Agency of statistics of the Republic of Kazakhstan.
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