Current Account in Kazakhstan

Kazakhstan Current Account | Economic News & Forecasts

Kazakhstan - Current Account

The short-term economic activity indicator, a proxy for economic growth, accelerated in March, although its overall performance in the first quarter fell short of that recorded in Q4 2018. Fixed investment surged in Q1, while higher real wages and increased credit availability likely buttressed household spending. On the production side, the industrial sector picked up steam in March, largely on the back of a rebound in Chinese manufacturing activity. In the political arena, uncertainty has resurfaced after interim President Kassym-Jomart Tokayev called a snap election for 9 June in early April. Tokayev is favorite to win, whose victory would ensure a high degree of policy continuity on the economic front. Meanwhile, Dariga Nazarbayeva, the former president’s daughter, has shown no intentions of running in the race.

Kazakhstan - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)0.5  2.8  -2.8  -6.4  -3.0  

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Kazakhstan Current Account Chart


Kazakhstan Current Account
Note: Current account balance as % of GDP.

Kazakhstan Facts

ValueChangeDate
Exchange Rate379.50.32 %May 13
Stock Market0.10.0 %May 13

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