Kazakhstan: Domestic credit to private sector (% of GDP)

Key figures

What the numbers say

In 2025, Kazakhstan's domestic credit to private sector (% of GDP) rose 0.43 percentage points on 2024 (from 27.28% to 27.71%).

Across the 9 yearly changes before that (2016 to 2024), the average change was −1.16 percentage points and a typical year strayed about 2.34 percentage points from that (the standard deviation). This year's change was 0.7 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 1.37 percentage points in 2020 and the biggest yearly fall was 4.7 percentage points in 2016. 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 18% 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 69th highest value of the 100 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

• Senegal — 66th of 100: 30.88%
• Uruguay — 67th of 100: 30.76%
• Kenya — 68th of 100: 29.36%
• Egypt, Arab Rep. — 70th of 100: 25.84%
• Djibouti — 71st of 100: 25.16%
• Azerbaijan — 72nd of 100: 24.86%

What this measures

Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Limitations: Credit to the private sector may sometimes include credit to state-owned or partially state-owned enterprises.

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

All 11 values

Domestic credit to private sector (% of GDP) in nearby economies

• Albania — 36.4% (2025)
• Armenia — 70.54% (2025)
• Austria — 81.77% (2024)
• Azerbaijan — 24.86% (2025)
• Belarus — 29.17% (2021)
• Belgium — 68.14% (2024)
• Bosnia and Herzegovina — 50.51% (2025)
• Bulgaria — 47.07% (2024)
• Croatia — 46.86% (2024)
• Cyprus — 56.66% (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
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Kazakhstan's domestic credit to private sector (% of GDP)?

27.71% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 2015?

It is down 10.02 percentage points from 37.73% in 2015. The highest value was 37.73% in 2015 and the lowest 24.27% in 2019.

How does Kazakhstan rank?

69th highest of 100 economies with data for 2025.

Is the latest change in domestic credit to private sector (% of GDP) unusual for Kazakhstan?

In 2025, Kazakhstan's domestic credit to private sector (% of GDP) rose 0.43 percentage points on 2024 (from 27.28% to 27.71%). Across the 9 yearly changes before that (2016 to 2024), the average change was −1.16 percentage points and a typical year strayed about 2.34 percentage points from that (the standard deviation). This year's change was 0.7 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 FS.AST.PRVT.GD.ZS, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) 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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