Insurance and financial services in Kazakhstan
Kazakhstan: Insurance and financial services was 8.9% in 2025. ◆ Volatile
Insurance and financial services in Kazakhstan, 1997–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
The most recent figure for insurance and financial services in Kazakhstan is 8.9%, measured in 2025.
That represents a change of down 11.1% on the previous year and up 408.1% over ten years.
Over the whole period, insurance and financial services in Kazakhstan peaked at 10.0% in 2024 and was at its lowest, 0.0%, in 1997.
That places Kazakhstan 43rd out of 190 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services in Kazakhstan, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1997 | 0.0% | — |
| 1998 | 0.2% | +1203.4% |
| 1999 | 0.2% | +24.7% |
| 2000 | 1.6% | +742.8% |
| 2001 | 1.0% | -41.5% |
| 2002 | 0.8% | -14.5% |
| 2003 | 1.0% | +28.6% |
| 2004 | 1.2% | +16.2% |
| 2005 | 1.1% | -9.0% |
| 2006 | 1.2% | +7.9% |
| 2007 | 3.4% | +185.4% |
| 2008 | 4.9% | +43.9% |
| 2009 | 4.3% | -12.9% |
| 2010 | 2.7% | -38.0% |
| 2011 | 2.9% | +10.7% |
| 2012 | 2.7% | -8.1% |
| 2013 | 1.1% | -57.5% |
| 2014 | 1.3% | +14.6% |
| 2015 | 1.8% | +33.5% |
| 2016 | 1.3% | -25.3% |
| 2017 | 1.7% | +26.7% |
| 2018 | 1.3% | -20.6% |
| 2019 | 2.4% | +83.3% |
| 2020 | 5.1% | +111.4% |
| 2021 | 5.0% | -2.9% |
| 2022 | 7.0% | +42.0% |
| 2023 | 8.8% | +24.8% |
| 2024 | 10.0% | +14.0% |
| 2025 | 8.9% | -11.1% |
Kazakhstan compared with similar countries
- Kazakhstan's 8.9% is above the median for upper middle income countries, which is 1.9%, 4.8× the median. (53 countries reporting)
- Kazakhstan's 8.9% is above the median for Europe & Central Asia, which is 3.6%, 2.5× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Kazakhstan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | +1203.4% | 0.0% | 0.2% |
| 2000 | +742.8% | 0.2% | 1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1% | 0.0% | 0.2% | 3 |
| 2000s | 2.1% | 0.8% | 4.9% | 10 |
| 2010s | 1.9% | 1.1% | 2.9% | 10 |
| 2020s | 7.5% | 5.0% | 10.0% | 6 |
Countries ranked near Kazakhstan
More private sector data for Kazakhstan
- Merchandise trade 46.8% (2025)
- Food imports 11.0% (2024)
- Manufactures imports 81.0% (2024)
- Merchandise imports 64.46 billion current US$ (2025)
- Food exports 6.1% (2024)
- Manufactures exports 20.9% (2024)
- Merchandise exports 78.79 billion current US$ (2025)
- Merchandise exports (current US$), per capita 3,780 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2573 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -4.46 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Kazakhstan?
- Insurance and financial services in Kazakhstan was 8.9% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Kazakhstan?
- The highest recorded value was 10.0% in 2024.
- What is the lowest insurance and financial services recorded in Kazakhstan?
- The lowest recorded value was 0.0% in 1997.
- How does Kazakhstan rank for insurance and financial services?
- Kazakhstan ranks 43rd out of 190 countries with data for 2025.
- Is insurance and financial services rising or falling in Kazakhstan?
- Over the last ten years it is up 408.1%. The long-run trend across the full record is volatile.
- Where does this Kazakhstan data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of commercial service exports). Statizoid updates them automatically from the source API.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.