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Kazakhstan Gross Savings

Gross savings as % of GDP  NY.GNS.ICTR.ZS

Kazakhstan's gross savings was 24.49% in 2025, ranked 58th globally. This represents a 14.7% decrease from 2024. Data from World Bank, covering 1992–2025.

24.49% −4.21% (-14.7%)
Year 2025 Rank #58 Global Peak 32.79% (2011) Source World Bank

Kazakhstan Gross Savings (1992–2025)

Overview

Kazakhstan's gross savings stood at 24.49% in 2025, a decline of +4.21% from 2024. The IMF projects 24.49% by 2025. Kazakhstan ranked 58th globally.

Kazakhstan’s gross savings rate has risen markedly since the early 1990s, climbing from a trough of 7.50 percent in 1992 to an all‑time peak of 32.79 percent in 2011, before settling at 24.49 percent in 2025, which places the country 58th in the world. This 17‑year upward trajectory reflects the post‑Soviet fiscal consolidation and the accumulation of resource‑related revenues that accelerated savings during the 2000s, while the modest decline after 2011 corresponds with higher consumption and investment outlays amid slower oil price growth. In 2025 Kazakhstan’s savings share is closely aligned with peers such as the Dominican Republic (24.59 percent) and Spain (24.33 percent), indicating convergence with middle‑income economies that balance capital formation and household consumption. Maintaining a high savings ratio will depend on sustaining commodity price stability and diversifying the economy; any prolonged downturn in export earnings could reverse the recent gains and lower the savings rate in the coming years.

Data & projection

Year Gross Savings YoY change Rank
2030* IMF 29.33% - -
2029* IMF 28.59% - -
2028* IMF 27.96% - -
2027* IMF 26.71% - -
2026* IMF 25.62% - -
2025* IMF 24.49% - -
2025 24.49% −4.21% #58
2024 28.70% +4.18% #44
2023 26.52% −1.31% #62
2022 28.28% +3.11% #54
2021 24.50% +2.15% #79
2020 26.23% +2.47% #57
2019 26.68% +2.41% #66
2018 27.79% +3.49% #58
2017 25.93% +3.18% #66
2016 23.90% +1.41% #70
2015 27.64% +3.14% #47
2014 30.14% +3.66% #39
2013 28.99% +2.49% #44
2012 29.75% −0.55% #45
2011 32.79% +5.61% #38
Show all years (1992-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +21.9% GDP growth 7.3% C/A balance 1.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Kazakhstan matched the Export Boom Cycle pattern in 2010. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →

Frequently Asked Questions

What is Kazakhstan's gross savings?▾

Kazakhstan's gross savings was 24.49% in 2025. Ranked 58th globally. This represents a 14.7% decrease from the previous year.

What was the highest gross savings in Kazakhstan?▾

Kazakhstan's gross savings peaked at 32.79% in 2011.

What was the lowest gross savings in Kazakhstan?▾

The lowest gross savings in Kazakhstan was 7.50% in 1992.

How does Kazakhstan rank in gross savings?▾

Kazakhstan ranks 58th globally in gross savings as of 2025.

What is the World Bank indicator code for gross savings?▾

The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.

What is the projected gross savings of Kazakhstan in 2025?▾

Kazakhstan's gross savings is projected to reach 24.49% by 2025 based on IMF projection.

What is the gross savings of Kazakhstan in 2025?▾

The gross savings of Kazakhstan in 2025 was 24.49%. This ranks 58th in the world.

Cite this page

APA
Kazakhstan Gross Savings. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/kazakhstan/gross-savings/
BibTeX
@misc{historysaid_kazakhstan_gross-savings, title = {Kazakhstan Gross Savings}, url = {https://historysaid.com/kazakhstan/gross-savings/}, publisher = {HistorySaid}, year = {2026} }
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