Home Kazakhstan Prices & Inflation Inflation Rate

Kazakhstan Inflation Rate

Consumer price inflation, annual %  FP.CPI.TOTL.ZG

11.38% +2.54pp (+28.7%)
Year 2025 Rank #19 Global Peak 1,877.37% (1994) Source World Bank

Kazakhstan Inflation Rate (1993–2025)

Overview

Kazakhstan's inflation rate stood at 11.38% in 2025, a rise of +2.54pp from 2024. The IMF projects 11.38% by 2025. Kazakhstan ranked 19th globally.

Data & projection

Year Inflation Rate YoY change Rank
2030* IMF 5.90% - -
2029* IMF 7.70% - -
2028* IMF 9.12% - -
2027* IMF 10.50% - -
2026* IMF 11.21% - -
2025* IMF 11.38% - -
2025 11.38% +2.54pp #19
2024 8.84% −5.68pp #163
2023 14.72% −0.26pp #170
2022 15.03% +7.03pp #163
2021 8.04% +1.28pp #161
2020 6.72% +1.44pp #167
2019 5.33% −0.67pp #163
2018 6.16% −1.29pp #166
2017 7.44% −7.12pp #166
2016 14.36% +7.61pp #186
2015 6.68% +0.10pp #166
2014 6.85% +1.03pp #169
2013 5.94% +0.81pp #158
2012 5.20% −3.18pp #132
2011 8.45% +1.35pp #159
Show all years (1993-2025)
* 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 inflation rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Kazakhstan's inflation rate?

Kazakhstan's inflation rate was 11.38% in 2025. Ranked 19th globally. This represents a 28.7% increase from the previous year.

What was the highest inflation rate in Kazakhstan?

Kazakhstan's inflation rate peaked at 1,877.37% in 1994.

What was the lowest inflation rate in Kazakhstan?

The lowest inflation rate in Kazakhstan was 5.20% in 2012.

How does Kazakhstan rank in inflation rate?

Kazakhstan ranks 19th globally in inflation rate as of 2025.

What is the World Bank indicator code for inflation rate?

The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.

What is the projected inflation rate of Kazakhstan in 2025?

Kazakhstan's inflation rate is projected to reach 11.38% by 2025 based on IMF projection.

What is the inflation rate of Kazakhstan in 2025?

The inflation rate of Kazakhstan in 2025 was 11.38%. This ranks 19th in the world.

Cite this page

APA
Kazakhstan Inflation Rate. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/kazakhstan/inflation-rate
BibTeX
@misc{historysaid_kazakhstan_inflation-rate, title = {Kazakhstan Inflation Rate}, url = {https://historysaid.com/kazakhstan/inflation-rate}, publisher = {HistorySaid}, year = {2026} }