Kazakhstan: Broad money (annual % growth)

Key figures

What the numbers say

In 2025, Kazakhstan's broad money (annual % growth) fell 3.68 percentage points on 2024 (from 19.21% to 15.53%).

Across the 30 yearly changes before that (1995 to 2024), the average change was −18.56 percentage points and a typical year strayed about 90.93 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above 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 98.5 percentage points in 1999 and the biggest yearly fall was 467.77 percentage points in 1995. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 there is no clear straight-line trend: a straight line explains 27% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

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

How it compares

In 2025, Kazakhstan had the 23rd highest value of the 85 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 2025 ranking

• Ghana — 20th of 85: 17.27%
• Georgia — 21st of 85: 16.56%
• Pakistan — 22nd of 85: 15.7%
• Benin — 24th of 85: 15.43%
• Ukraine — 25th of 85: 15.28%
• Guatemala — 26th of 85: 14.49%

What this measures

Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.

Limitations: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period.

All 32 values

Broad money (annual % growth) in nearby economies

• Albania — 5.12% (2024)
• Armenia — 17.76% (2025)
• Azerbaijan — 7.24% (2025)
• Belarus — 6.99% (2021)
• Bosnia and Herzegovina — 9.34% (2024)
• Bulgaria — 8.74% (2024)
• Czechia — 7.35% (2024)
• Denmark — 1.45% (2024)
• Georgia — 16.56% (2025)
• Hungary — 9.5% (2024)
• Iceland — 11.66% (2024)

More financial sector data for Kazakhstan

• DEC alternative conversion factor (LCU per US$) — US$521.04 (2025)
• GDP deflator (base year varies by country) — 874.98 (2025)
• GDP deflator, linked series (base year varies by country) — 874.98 (2025)
• Inflation, GDP deflator (annual % growth) — 9.61% (2025)
• Inflation, GDP deflator, linked series (annual % growth) — 9.61% (2025)
• Domestic credit to private sector by banks (% of GDP) — 25.88% (2025)
• Net domestic credit (current LCU) — 56.57 trillion (2025)
• Net foreign assets (current LCU) — 33.54 trillion (2025)
• Monetary sector credit to private sector (% of GDP)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Kazakhstan's broad money (annual % growth)?

15.53% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1994?

It is down 560.45 percentage points from 575.98% in 1994. The highest value was 575.98% in 1994 and the lowest -14.13% in 1998.

How does Kazakhstan rank?

23rd highest of 85 economies with data for 2025.

Is the latest change in broad money (annual % growth) unusual for Kazakhstan?

In 2025, Kazakhstan's broad money (annual % growth) fell 3.68 percentage points on 2024 (from 19.21% to 15.53%). Across the 30 yearly changes before that (1995 to 2024), the average change was −18.56 percentage points and a typical year strayed about 90.93 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above 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 FM.LBL.BMNY.ZG, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) 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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