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Kazakhstan Short-term Debt

Short-term debt as % of total external debt  DT.DOD.DSTC.ZS

Kazakhstan's short-term debt was 14.04% in 2025, ranked 41st globally. This represents a 20.1% increase from 2024. Data from World Bank, covering 1992–2025.

14.04% +2.35% (+20.1%)
Year 2025 Rank #41 Global Peak 26.39% (1992) Source World Bank

Kazakhstan Short-term Debt (1992–2025)

Overview

Kazakhstan's short-term debt stood at 14.04% in 2025, a rise of +2.35% from 2024. Based on recent trends, this figure is projected to reach 14.04% by 2025. Kazakhstan ranked 41st globally.

Kazakhstan’s short‑term external debt has fallen dramatically since the early 1990s, moving from an all‑time peak of 26.39 percent of gross external debt in 1992 to a historic trough of 1.25 percent in 1993, before stabilising at a moderate level of 14.04 percent in 2025, ranking it 41st globally. This long‑term decline reflects the country’s shift from a centrally planned economy to a market‑oriented system, coupled with prudent fiscal management and the accumulation of foreign exchange reserves during periods of high commodity prices. Over the 34‑year coverage period, Kazakhstan’s short‑term debt ratio remains comparable to other emerging economies, sitting just above Haiti’s 13.99 percent and Honduras’s 14.12 percent, yet slightly below Zambia’s 14.21 percent and Brazil’s 13.70 percent. The current trajectory suggests that continued diversification of export markets and sustained macro‑economic stability could keep the ratio within this narrow band, while any sharp slowdown in global demand for Kazakhstan’s key commodities might pressure the ratio upward.

Data & projection

Year Short-term Debt YoY change Rank
2027* trend 17.39% - -
2026* trend 15.71% - -
2025* trend 14.04% - -
2025 14.04% +2.35% #41
2024 11.70% +0.40% #72
2023 11.30% +1.64% #68
2022 9.66% +2.71% #59
2021 6.95% +1.45% #47
2020 5.50% +0.22% #40
2019 5.29% +0.09% #41
2018 5.19% +0.48% #42
2017 4.71% +0.68% #40
2016 4.03% +0.02% #33
2015 4.01% −2.10% #31
2014 6.10% −0.15% #37
2013 6.25% −0.44% #41
2012 6.69% −0.35% #43
2011 7.04% −0.40% #50
Show all years (1992-2025)
* Linear trend extrapolation

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 short-term debt improve within 24 months. View full analysis →

Frequently Asked Questions

What is Kazakhstan's short-term debt?▾

Kazakhstan's short-term debt was 14.04% in 2025. Ranked 41st globally. This represents a 20.1% increase from the previous year.

What was the highest short-term debt in Kazakhstan?▾

Kazakhstan's short-term debt peaked at 26.39% in 1992.

What was the lowest short-term debt in Kazakhstan?▾

The lowest short-term debt in Kazakhstan was 1.25% in 1993.

How does Kazakhstan rank in short-term debt?▾

Kazakhstan ranks 41st globally in short-term debt as of 2025.

What is the World Bank indicator code for short-term debt?▾

The World Bank indicator code is DT.DOD.DSTC.ZS. Data sourced from World Bank.

What is the projected short-term debt of Kazakhstan in 2025?▾

Kazakhstan's short-term debt is projected to reach 14.04% by 2025 based on trend extrapolation.

What is the short-term debt of Kazakhstan in 2025?▾

The short-term debt of Kazakhstan in 2025 was 14.04%. This ranks 41st in the world.

Cite this page

APA
Kazakhstan Short-term Debt. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/kazakhstan/short-term-debt/
BibTeX
@misc{historysaid_kazakhstan_short-term-debt, title = {Kazakhstan Short-term Debt}, url = {https://historysaid.com/kazakhstan/short-term-debt/}, publisher = {HistorySaid}, year = {2026} }
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