Kazakhstan - Inflation, consumer prices (annual %) 1994 - 2021
Kazakhstan's inflation, consumer prices (annual %) is currently 8.04%, according to the most recent World Bank data for the country (2021).
Definition
The consumer price index gauges inflation by indicating the yearly percentage shift in the expenses for an average consumer to procure a collection of goods and services, which could either remain constant or alter at specified periods like annually; typically employing the Laspeyres formula.- Kazakhstan's inflation, consumer prices (annual %) for 2021 was 8.042%, a 18.77% increase from 2020, with a +1 difference.
- In 2020 it was 6.772%, a 29.09% increase from 2019, with a +1 difference.
- In 2019 it was 5.245%, a -12.85% increase from 2018.
- In 2018 it was 6.019%, a -19.10% increase from 2017.
- In 2017 it was 7.44%, a -48.85% increase from 2016.
Measure: Percent
Average, Lowest, and Highest Recorded Values
The average inflation, consumer prices (annual %), value for Kazakhstan is currently 82.3594% (average of years with recorded data) with a lowest recorded value of 5.0979% in 2012 and a highest value of 1877.3724% in 1994.
Kazakhstan's Inflation, consumer prices (annual %) - Historical Data
| Year | Inflation, consumer prices (annual %) | Average Growth Rate (%) |
|---|---|---|
| 1994 | 1877.372% | |
| 1995 | 176.155% | -90.62% |
| 1996 | 39.183% | -77.76% |
| 1997 | 17.408% | -55.57% |
| 1998 | 7.146% | -58.95% |
| 1999 | 8.296% | 16.09% |
| 2000 | 13.181% | 58.88% |
| 2001 | 8.354% | -36.62% |
| 2002 | 5.837% | -30.13% |
| 2003 | 6.438% | 10.30% |
| 2004 | 6.882% | 6.89% |
| 2005 | 7.58% | 10.14% |
| 2006 | 8.722% | 15.06% |
| 2007 | 10.847% | 24.37% |
| 2008 | 17.14% | 58.02% |
| 2009 | 7.316% | -57.32% |
| 2010 | 7.4% | 1.15% |
| 2011 | 8.425% | 13.84% |
| 2012 | 5.098% | -39.49% |
| 2013 | 5.846% | 14.68% |
| 2014 | 6.707% | 14.71% |
| 2015 | 6.666% | -0.61% |
| 2016 | 14.546% | 118.22% |
| 2017 | 7.44% | -48.85% |
| 2018 | 6.019% | -19.10% |
| 2019 | 5.245% | -12.85% |
| 2020 | 6.772% | 29.09% |
| 2021 | 8.042% | 18.77% |
Expand
Comparison with Countries in the Europe & Central Asia Region.
Among countries in the same World Bank Europe & Central Asia (ECA) region, Kazakhstan comes in 35th with 8.042% inflation, consumer prices (annual %).
- Within the same region, Greece comes in 25th with 9.645%, inflation, consumer prices (annual %).
- Belgium comes in 26th with 9.598%.
- Slovenia comes in 27th with 8.834%.
- Armenia comes in 28th with 8.641%.
- Austria comes in 29th with 8.547%.
- Cyprus comes in 30th with 8.395%.
- Spain comes in 31st with 8.391%.
- Sweden comes in 32nd with 8.369%.
- Iceland comes in 33rd with 8.309%.
- Italy comes in 34th with 8.201%.
- United Kingdom comes in 36th with 7.922%.
- Portugal comes in 37th with 7.833%.
- Ireland comes in 38th with 7.807%.
- Denmark comes in 39th with 7.697%.
- Finland comes in 40th with 7.124%.
- Germany comes in 41st with 6.873%.
- Albania comes in 42nd with 6.725%.
- Russian Federation comes in 43rd with 6.694%.
- Luxembourg comes in 44th with 6.336%.
- And Tajikistan comes in 45th with 6.005%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 10 Countries in the Europe & Central Asia Region.
Top 10 Countries in the Europe & Central Asia Region.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Turkiye | 72.31% | 2022 |
| 2 | Moldova | 28.74% | 2022 |
| 3 | Ukraine | 20.18% | 2022 |
| 4 | Lithuania | 19.70% | 2022 |
| 5 | Estonia | 19.40% | 2022 |
| 6 | Latvia | 17.31% | 2022 |
| 7 | Bulgaria | 15.33% | 2022 |
| 8 | Belarus | 15.21% | 2022 |
| 9 | Czechia | 15.10% | 2022 |
| 10 | Hungary | 14.61% | 2022 |
Comparison with Countries in the Upper middle income Group.
Among countries in the same World Bank Upper middle income (UMI) group, Kazakhstan comes in 26th with 8.042% inflation, consumer prices (annual %).
- Within the same income group, Tonga comes in 16th with 10.971%, inflation, consumer prices (annual %).
- Mauritius comes in 17th with 10.774%.
- Jamaica comes in 18th with 10.35%.
- Colombia comes in 19th with 10.177%.
- Paraguay comes in 20th with 9.766%.
- Brazil comes in 21st with 9.28%.
- Dominican Republic comes in 22nd with 8.811%.
- Armenia comes in 23rd with 8.641%.
- Peru comes in 24th with 8.334%.
- Costa Rica comes in 25th with 8.275%.
- Mexico comes in 27th with 7.896%.
- El Salvador comes in 28th with 7.199%.
- South Africa comes in 29th with 7.04%.
- Guatemala comes in 30th with 6.885%.
- Albania comes in 31st with 6.725%.
- Russian Federation comes in 32nd with 6.694%.
- St. Lucia comes in 33rd with 6.378%.
- Namibia comes in 34th with 6.081%.
- Thailand comes in 35th with 6.077%.
- And St. Vincent and the Grenadines comes in 36th with 5.66%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 14 Countries in the Upper middle income Group.
Top 14 Countries in the Upper middle income Group.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Venezuela, RB | 254.949% | 2016 |
| 2 | Turkiye | 72.309% | 2022 |
| 3 | Suriname | 52.446% | 2022 |
| 4 | Moldova | 28.737% | 2022 |
| 5 | Bulgaria | 15.325% | 2022 |
| 6 | Belarus | 15.210% | 2022 |
| 7 | North Macedonia | 14.205% | 2022 |
| 8 | Bosnia and Herzegovina | 14.021% | 2022 |
| 9 | Azerbaijan | 13.852% | 2022 |
| 10 | Montenegro | 13.040% | 2022 |
| 11 | Palau | 12.353% | 2022 |
| 12 | Serbia | 11.982% | 2022 |
| 13 | Georgia | 11.898% | 2022 |
| 14 | Botswana | 11.666% | 2022 |