Net incurrence of liabilities, total (% of GDP) in Kazakhstan
Kazakhstan: Net incurrence of liabilities, total (% of GDP) was 2.4% in 2023. ◆ Volatile
Net incurrence of liabilities, total in Kazakhstan, 1997–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net incurrence of liabilities, total in Kazakhstan is 2.4%, measured in 2023.
Compared with earlier readings it is down 1.5% on the previous year and up 31.2% over ten years.
Over the whole period, net incurrence of liabilities, total in Kazakhstan peaked at 4.0% in 1998 and was at its lowest, -0.4%, in 2002.
Kazakhstan ranks 84th of 136 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total (% of GDP) in Kazakhstan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1997 | 3.6% | — |
| 1998 | 4.0% | +10.1% |
| 1999 | 3.5% | -13.9% |
| 2000 | 0.6% | -83.7% |
| 2001 | 0.4% | -29.8% |
| 2002 | -0.4% | -196.7% |
| 2003 | 1.3% | -431.6% |
| 2004 | 0.3% | -80.0% |
| 2010 | 2.6% | +909.2% |
| 2011 | 1.4% | -45.4% |
| 2012 | 2.5% | +82.8% |
| 2013 | 1.8% | -28.9% |
| 2014 | 2.3% | +26.0% |
| 2015 | 2.7% | +16.9% |
| 2016 | 2.1% | -21.2% |
| 2017 | 3.6% | +69.1% |
| 2018 | 1.1% | -68.5% |
| 2019 | 1.7% | +53.5% |
| 2020 | 3.3% | +94.8% |
| 2021 | 2.9% | -13.3% |
| 2022 | 2.4% | -16.8% |
| 2023 | 2.4% | -1.5% |
Kazakhstan compared with similar countries
- Kazakhstan's 2.4% is below the median for upper middle income countries, which is 2.9%, 83% of the median. (47 countries reporting)
- Kazakhstan's 2.4% is below the median for Europe & Central Asia, which is 3.4%, 71% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Net incurrence of liabilities, total (% of GDP) in Kazakhstan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +909.2% | 0.3% | 2.6% |
| 2003 | +431.6% | -0.4% | 1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.7% | 3.5% | 4.0% | 3 |
| 2000s | 0.4% | -0.4% | 1.3% | 5 |
| 2010s | 2.2% | 1.1% | 3.6% | 10 |
| 2020s | 2.8% | 2.4% | 3.3% | 4 |
Countries ranked near Kazakhstan
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Frequently asked questions
- What is net incurrence of liabilities, total in Kazakhstan?
- Net incurrence of liabilities, total in Kazakhstan was 2.4% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Kazakhstan?
- The highest recorded value was 4.0% in 1998.
- What is the lowest net incurrence of liabilities, total recorded in Kazakhstan?
- The lowest recorded value was -0.4% in 2002.
- How does Kazakhstan rank for net incurrence of liabilities, total?
- Kazakhstan ranks 84th out of 136 countries with data for 2023.
- Is net incurrence of liabilities, total rising or falling in Kazakhstan?
- Over the last ten years it is up 31.2%. The long-run trend across the full record is volatile.
- Where does this Kazakhstan data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.