Kazakhstan Current Account to GDP

Kazakhstan recorded a Current Account surplus of 4.60 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Kazakhstan is reported by the The National Bank of Kazakhstan. Current Account to GDP in Kazakhstan averaged -4.10 Percent from 1992 until 2012, reaching an all time high of 7.30 Percent in 2011 and a record low of -51.70 Percent in 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. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
4.60 7.30 7.30 -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 5229.10 6771.90 -22.10 4616.77 2014-03-31 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 1637.00 2013-12-15 1634.00 1637.00 407.00 1582.21 2013-11-30 Thousands Barrels per Day [+]
Exports 7828.20 2014-02-15 7887.50 9788.50 286.50 7275.21 2014-03-31 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 7.30 7.30 -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 Agency of Statistics of the Republic of Kazakhstan.
Kazakhstan Current Account at -66.70 USD Million  
Kazakhstan recorded a Current Account deficit of 66.70 USD Million in the fourth quarter of 2013. Current Account in Kazakhstan is reported by the The National Bank of Kazakhstan.
Kazakhstan Capital Flows at -769.70 USD Million  
Capital Flows in Kazakhstan increased to -769.70 USD Million in the fourth quarter of 2013 from -3708.70 USD Million in the third quarter of 2013. Capital Flows in Kazakhstan is reported by the The National Bank of Kazakhstan.
Kazakhstan Consumer Confidence at 17.00  
Consumer Confidence in Kazakhstan increased to 17 in December of 2013 from 16 in November of 2013. Consumer Confidence in Kazakhstan is reported by the Agency of Statistics of the Republic of Kazakhstan.
Kazakhstan Consumer Price Index (CPI) at 101.00 Index Points  
Consumer Price Index (CPI) in Kazakhstan decreased to 101 Index Points in March of 2014 from 101.70 Index Points in February of 2014. Consumer Price Index (CPI) in Kazakhstan is reported by the Agency of Statistics of the Republic of Kazakhstan.
Kazakhstan Core Inflation Rate at 6.06 Percent  
Core Inflation Rate in Kazakhstan increased 6.06 percent in March of 2014 over the same month in the previous year. Core Inflation Rate in Kazakhstan is reported by the The National Bank of Kazakhstan.
Kazakhstan Crude Oil Production at 1637.00 Thousands Barrels per Day  
Crude Oil Production in Kazakhstan increased to 1637 Thousands Barrels per Day in December of 2013 from 1634 Thousands Barrels per Day in November of 2013. Crude Oil Production in Kazakhstan is reported by the U.S. Energy Information Administration.
Kazakhstan Exports at 7828.20 USD Million  
Exports in Kazakhstan decreased to 7828.20 USD Million in February of 2014 from 7887.50 USD Million in January of 2014. Exports in Kazakhstan is reported by the Agency of Statistics of the Republic 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 Agency of Statistics of the Republic of Kazakhstan.
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.
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