Kazakhstan: Adjusted savings, gross savings (% of GNI)

Key figures

What the numbers say

In 2021, Kazakhstan's adjusted savings, gross savings (% of GNI) rose 0.35 percentage points on 2020 (from 28.76% to 29.12%).

Across the 25 yearly changes before that (1996 to 2020), the average change was +0.55 percentage points and a typical year strayed about 3.19 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 8.41 percentage points in 2000 and the biggest yearly fall was 4.08 percentage points in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2012 to 2021 the straight-line trend is downward, about 0.48 percentage points a year. A straight line explains 36% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2021, Kazakhstan had the 46th highest value of the 132 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Kazakhstan in the 2021 ranking

• Netherlands — 42nd of 132: 29.29%
• Dominican Republic — 43rd of 132: 29.25%
• Morocco — 44th of 132: 29.22%
• Thailand — 46th of 132: 28.79%
• Austria — 47th of 132: 28.14%
• Hungary — 48th of 132: 27.37%

What this measures

Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.

Limitations: Because gross savings is calculated as a residual it includes errors, which may not be offsetting, in its components.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 27 values

Adjusted savings, gross savings (% of GNI) in nearby economies

• Albania — 19.56% (2021)
• Armenia — 16.97% (2021)
• Austria — 28.14% (2021)
• Azerbaijan — 33.52% (2021)
• Belarus — 30.37% (2021)
• Belgium — 26.19% (2021)
• Bosnia and Herzegovina — 20.93% (2021)
• Bulgaria — 21.88% (2021)
• Croatia — 24.62% (2021)
• Cyprus — 12.41% (2021)

More economic policy & debt data for Kazakhstan

• Adjusted savings, education expenditure (% of GNI) — 3.26% (2021)
• Adjusted savings, mineral depletion (current US$) — US$11.25 billion (2021)
• Adjusted savings, energy depletion (current US$) — US$15.12 billion (2021)
• Agriculture, forestry, and fishing, value added (constant 2015 US$) — US$12.34 billion (2025)
• Agriculture, forestry, and fishing, value added (constant LCU) — 906.89 billion (2025)
• Industry, including construction, value added (constant 2015 US$) — US$89.74 billion (2025)
• Industry, including construction, value added (constant LCU) — 6.82 trillion (2025)
• Services, value added (constant 2015 US$) — US$143.89 billion (2025)

Reading data like this

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Questions people ask

What is Kazakhstan's adjusted savings, gross savings (% of GNI)?

29.12% in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1995?

It is up 14.1 percentage points from 15.01% in 1995. The highest value was 38.31% in 2011 and the lowest 14.17% in 1999.

How does Kazakhstan rank?

46th highest of 132 economies with data for 2021.

Is the latest change in adjusted savings, gross savings (% of GNI) unusual for Kazakhstan?

In 2021, Kazakhstan's adjusted savings, gross savings (% of GNI) rose 0.35 percentage points on 2020 (from 28.76% to 29.12%). Across the 25 yearly changes before that (1996 to 2020), the average change was +0.55 percentage points and a typical year strayed about 3.19 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NY.ADJ.ICTR.GN.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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