How much does Kazakhstan owe? National Bank reveals total external debt

Tengrinews.kz - The National Bank of Kazakhstan has begun publishing preliminary estimates of the country's external debt, starting with data as of January 1, 2025, according to the press service of the National Bank.

Previously, the bank released external debt statistics 90 days after the end of each reporting quarter. Now, in addition to these reports, a preliminary estimate will be published quarterly on the last day of the month following the reporting quarter, alongside the preliminary balance of payments data.

According to the latest figures, Kazakhstan’s external debt stood at $165.63 billion as of January 1, 2025. This includes $91 billion in direct investment-related intercompany debt,$13.2 billion in banking sector debt ($2.4 billion owed by the National Bank), $12.7 billion in government debt, and $45.5 billion in debt from other sectors.

For comparison, Kazakhstan’s external debt was $161.16 billion as of January 1, 2023, rising to $163.55 billion a year later.

External debt refers to the outstanding actual and unconditional obligations of residents to non-residents at a given point in time, requiring the repayment of principal and/or interest.

Previously, the National Bank explained the procedure for buying out old-design US dollars.

Read also: Dollar exchange rate forecast for next month and year