Kazakhstan Inflation Rate 1994-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Kazakhstan inflation rate for 2023 was 14.73%, a 0.3% decline from 2022.
  • Kazakhstan inflation rate for 2022 was 15.03%, a 6.99% increase from 2021.
  • Kazakhstan inflation rate for 2021 was 8.04%, a 1.32% increase from 2020.
  • Kazakhstan inflation rate for 2020 was 6.72%, a 1.38% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 221.34%
Turkey 53.86%
Iran 44.58%
Kazakhstan 14.73%
Serbia 12.37%
Colombia 11.74%
Romania 10.40%
Bulgaria 9.44%
North Macedonia 9.36%
Algeria 9.32%
Azerbaijan 8.79%
Montenegro 8.58%
Samoa 8.12%
Mauritius 7.05%
Jamaica 6.47%
Peru 6.46%
Tonga 6.35%
Guatemala 6.21%
South Africa 6.07%
Namibia 5.88%
Mexico 5.53%
Botswana 5.07%
Belarus 5.00%
Dominican Republic 4.79%
Paraguay 4.63%
Brazil 4.59%
St. Vincent and the Grenadines 4.56%
Belize 4.39%
St. Lucia 4.07%
Gabon 3.63%
Dominica 3.48%
Maldives 2.93%
Guyana 2.82%
Grenada 2.70%
Malaysia 2.49%
Libya 2.37%
Ecuador 2.22%
Jordan 2.08%
Armenia 1.98%
Thailand 1.23%
Costa Rica 0.53%
China 0.23%
Kazakhstan Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 14.73% -0.30%
2022 15.03% 6.99%
2021 8.04% 1.32%
2020 6.72% 1.38%
2019 5.33% -0.83%
2018 6.16% -1.28%
2017 7.44% -6.92%
2016 14.36% 7.68%
2015 6.68% -0.17%
2014 6.85% 0.91%
2013 5.94% 0.75%
2012 5.20% -3.26%
2011 8.45% 1.05%
2010 7.40% 0.08%
2009 7.32% -9.82%
2008 17.14% 6.29%
2007 10.85% 2.13%
2006 8.72% 1.14%
2005 7.58% 0.70%
2004 6.88% 0.44%
2003 6.44% 0.60%
2002 5.84% -2.52%
2001 8.35% -4.83%
2000 13.18% 4.88%
1999 8.30% 1.15%
1998 7.15% -10.26%
1997 17.41% -21.77%
1996 39.18% -136.97%
1995 176.16% -1701.22%
1994 1,877.37% -1701.22%