Private credit by deposit money banks to GDP in Kazakhstan

Kazakhstan: Private credit by deposit money banks to GDP was 23.8% in 2021. ◆ Volatile

Latest (2021)
23.8%
Change on year
up 8.2%
World rank
132nd
of 187 countries
All-time high
58.9%
in 2007
All-time low
5.1%
in 1996
Years of data
29
1993–2021

Private credit by deposit money banks to GDP in Kazakhstan, 1993–2021

02040601993200720211993: 47.9 %1994: 26.4 %1995: 7.1 %1996: 5.1 %1997: 5.1 %1998: 5.9 %1999: 7.6 %2000: 11.1 %2001: 15.9 %2002: 18.5 %2003: 21.9 %2004: 26.5 %2005: 35.7 %2006: 47.8 %2007: 58.9 %2008: 49.6 %2009: 50.3 %2010: 39.3 %2011: 35.1 %2012: 35.9 %2013: 34.9 %2014: 33.5 %2015: 34 %2016: 29.6 %2017: 25.8 %2018: 22.6 %2019: 21.2 %2020: 22 %2021: 23.8 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

The most recent figure for private credit by deposit money banks to gdp in Kazakhstan is 23.8%, measured in 2021.

The figure is up 8.2% on the previous year and down 32.2% over ten years.

Over the whole period, private credit by deposit money banks to gdp in Kazakhstan peaked at 58.9% in 2007 and was at its lowest, 5.1%, in 1996.

That places Kazakhstan 132nd out of 187 countries with data for 2021, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Private credit by deposit money banks to GDP in Kazakhstan, year by year

Annual values for Private credit by deposit money banks to GDP (%) in Kazakhstan, 1993 to 2021.
Year % Change
1993 47.9%
1994 26.4% -44.9%
1995 7.1% -73.1%
1996 5.1% -27.9%
1997 5.1% +0.3%
1998 5.9% +15.6%
1999 7.6% +28.3%
2000 11.1% +45.9%
2001 15.9% +42.8%
2002 18.5% +16.7%
2003 21.9% +18.4%
2004 26.5% +20.8%
2005 35.7% +34.7%
2006 47.8% +33.9%
2007 58.9% +23.4%
2008 49.6% -15.8%
2009 50.3% +1.3%
2010 39.3% -21.8%
2011 35.1% -10.6%
2012 35.9% +2.1%
2013 34.9% -2.8%
2014 33.5% -3.9%
2015 34.0% +1.5%
2016 29.6% -12.9%
2017 25.8% -12.8%
2018 22.6% -12.5%
2019 21.2% -6.2%
2020 22.0% +3.8%
2021 23.8% +8.2%

Kazakhstan compared with similar countries

  • Kazakhstan's 23.8% is below the median for upper middle income countries, which is 49.7%, 48% of the median. (55 countries reporting)
  • Kazakhstan's 23.8% is below the median for Europe & Central Asia, which is 56.3%, 42% of the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 15.0% 5.1% 47.9% 7
2000s 33.6% 11.1% 58.9% 10
2010s 31.2% 21.2% 39.3% 10
2020s 22.9% 22.0% 23.8% 2

Countries ranked near Kazakhstan

  1. 129 Rwanda 25.2% compare
  2. 130 Algeria 25.0% compare
  3. 131 Belarus 24.6% compare
  4. 133 Burundi 23.5% compare
  5. 134 Republic of Moldova 23.4% compare
  6. 135 Mozambique 22.6% compare

See the full ranking of 187 places →

More financial sector data for Kazakhstan

All data for Kazakhstan →

Frequently asked questions

What is private credit by deposit money banks to gdp in Kazakhstan?
Private credit by deposit money banks to gdp in Kazakhstan was 23.8% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest private credit by deposit money banks to gdp recorded in Kazakhstan?
The highest recorded value was 58.9% in 2007.
What is the lowest private credit by deposit money banks to gdp recorded in Kazakhstan?
The lowest recorded value was 5.1% in 1996.
How does Kazakhstan rank for private credit by deposit money banks to gdp?
Kazakhstan ranks 132nd out of 187 countries with data for 2021.
Is private credit by deposit money banks to gdp rising or falling in Kazakhstan?
Over the last ten years it is down 32.2%. The long-run trend across the full record is volatile.
Where does this Kazakhstan data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.

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Private credit by deposit money banks to GDP in Kazakhstan. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 15 September 2026, from https://financial-sector.statizoid.com/stat/private-credit-by-deposit-money-banks-to-gdp-percent/kazakhstan/

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About this data

Indicator
Private credit by deposit money banks to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,608 data points, 1960–2021
Last refreshed

Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).