Inflation Rate (CPI): Kazakhstan
Kazakhstan's inflation rate (cpi) is currently 11.2% as of 2026. # Kazakhstan Inflation Rate (CPI) Kazakhstan's inflation rate stands at 11.
Current (2026)
11.2%
-1.8% y/y
Peak (1993)
1662.3%
Low (2012)
5.1%
Source
IMF World Economic Outlook
1993–2026 · 38 pts
Inflation Rate (CPI) — Kazakhstan
1993 — 2026
Inflation Rate (CPI) — Kazakhstan
Analysis# Kazakhstan Inflation Rate (CPI)
Kazakhstan's inflation rate stands at 11.2% in 2026, representing a dramatic stabilization from its traumatic post-Soviet peak of 1662.3% in 1993. The country has achieved a 99.3% decline from that hyperinflationary baseline, though current levels remain elevated compared to the 5.1% low recorded in 2012. The three-decade trajectory reflects Kazakhstan's transition from economic chaos to relative price stability, despite persistent volatility in recent years.
The 2022 spike to 15% marked a significant disruption, driven by global commodity pressures and regional instability. Since that peak, inflation has moderated to 11.2% by 2026, though it remains above the stable 5-7% range that prevailed from 2017 to 2020. Current projections suggest Kazakhstan's inflation will stabilize in the 11-12% range through 2026, indicating the central bank continues managing price pressures amid external economic headwinds.
Historical Data
38 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 5.9% | -23.38% |
| 2029 | 7.7% | -15.38% |
| 2028 | 9.1% | -13.33% |
| 2027 | 10.5% | -6.25% |
| 2026 | 11.2% | -1.75% |
| 2025 | 11.4% | +31.03% |
| 2024 | 8.7% | -40.00% |
| 2023 | 14.5% | -3.33% |
| 2022 | 15.0% | +87.50% |
| 2021 | 8.0% | +17.65% |
| 2020 | 6.8% | +28.30% |
| 2019 | 5.3% | -11.67% |
| 2018 | 6.0% | -20.00% |
| 2017 | 7.5% | -48.63% |
| 2016 | 14.6% | +114.71% |
| 2015 | 6.8% | +3.03% |
| 2014 | 6.6% | +13.79% |
| 2013 | 5.8% | +13.73% |
| 2012 | 5.1% | -39.29% |
| 2011 | 8.4% | +18.31% |
Show all 38 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 7.1% | -2.74% |
| 2009 | 7.3% | -57.56% |
| 2008 | 17.2% | +59.26% |
| 2007 | 10.8% | +25.58% |
| 2006 | 8.6% | +16.22% |
| 2005 | 7.4% | +5.71% |
| 2004 | 7.0% | +9.37% |
| 2003 | 6.4% | +6.67% |
| 2002 | 6.0% | -28.57% |
| 2001 | 8.4% | -36.36% |
| 2000 | 13.2% | +59.04% |
| 1999 | 8.3% | +16.90% |
| 1998 | 7.1% | -59.20% |
| 1997 | 17.4% | -55.61% |
| 1996 | 39.2% | -77.78% |
| 1995 | 176.4% | -87.42% |
| 1994 | 1402.0% | -15.66% |
| 1993 | 1662.3% | — |
Related Data
Other Metrics
For Kazakhstan
Compare Inflation Rate
Same metric, other countries
Demographics
People & population data