Public Debt in Kazakhstan

Kazakhstan Public Debt | Economic News & Forecasts

Kazakhstan - Public Debt

National accounts revealed that the economy lost momentum in the first quarter. Manufacturing activity languished in the doldrums on a slowdown in key trading partners, while electricity supply swung to decline and the expansion of the services sector softened. Turning to the second quarter, a 4.1% rise in the short-term economic indicator for January–April suggests growth remained solid at the start of the period. The expansion was fueled by higher oil prices and a likely boost in exports, thanks to a weaker tenge, which should have kept the current account in surplus. This countered the impact of a continued weakening in the industrial sector. Prevailing uncertainty on the political front ahead of the 9 June snap election, however, has spurred sizable capital outflows, which has in turn led to depletion of reserves and a further depreciation of the tenge.

Kazakhstan - Public Debt Data

2013  2014  2015  2016  2017  
Public Debt (% of GDP)12.3  14.3  22.1  24.4  26.0  

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Note: Public debt as % of GDP.
Source: Agency of Statistics

Kazakhstan Facts

ValueChangeDate
Exchange Rate384.00.32 %Jun 14
Stock Market0.10.0 %Jun 14

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