Balance of Payments
The Data: Coverage, Periodicity, and Timeliness |
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Coverage characteristics |
The balance of payments is a statistical statement that summarizes transactions between residents and nonresidents during a period. The sixth edition of the International Monetary Fund's “Balance of Payments and International Investment Position Manual” (BPM6), 2009 is the methodological basis for compiling the balance of payments. A balance of Payments transaction consists of three accounts such as current account, capital account and financial account. Current account shows flows of goods, services, primary income, and secondary income between residents and nonresidents. The capital account includes transactions in non-produced non- The financial account reflects the net acquisition of financial The main sources of information for the formation of the balance of payments are: The data is generated in US dollars. |
Periodicity |
Quarterly |
Timeliness |
On the 90th day after the reporting period |
Public availability |
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Calendar of data |
The calendar of publication of the official statistical The calendar is also available on the website of national statistics: https://stat.gov.kz/inf/standard/calendar |
Simultaneous release of information to all interested parties |
Payment regime data are posted on the website of the NBRK within the established time frame: https://nationalbank.kz/en/news/platezhnyy-balans-vn-sektora and become available simultaneously to all users. |
Credibility |
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Dissemination of information on the regulatory and legal conditions for the generation of statistical data, including the observance of the confidentiality of |
The collection and dissemination of data on the balance of The Balance of Payments Department of the NBRK is responsible for compiling the balance of payments. |
Access (lack of access) of government bodies to information prior to its publication | Government bodies of the Republic of Kazakhstan do not have access to information until the moment of its official publication. |
Availability of comments from ministries in the release of statistical data | The data are published without comments from ministries and departments. |
Provision of information on data clarification and publication of preliminary notifications of changes in the methodology of published data | Initially published data for the reporting quarter (one month after the reporting period) are considered preliminary. In addition, the tables include notes on when the final balance of payments estimate will be released. The final data for the reporting quarter is published on the 90th day after the reporting quarter. When the final data for the reporting quarter is released, the previously published previous quarters are updated in connection with the clarification of the reporting or methodology, the emergence of new sources of information, etc. The data are revised twice a year: in October and April. Data revision covers two years prior to the reporting year. Comments on changes and revisions of data, together with updated data, are published in the quarterly publication of the National Bank “Balance of Payments and External Debt of the Republic of Kazakhstan”. Major changes in methodology are informed to users from the moment such changes are introduced. |
Quality |
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Dissemination of information on the methodology and sources used in the preparation of statistics |
The methodological commentary on the information In addition, comments, including information on data sources and methodological principles for assessing individual indicators, are published in the quarterly publication of the NBRK "Balance of Payments and External Debt of the Republic of Kazakhstan" and the it is available at: An analytical presentation of the balance of payments is published quarterly in the National Bank's publication “Statistical Bulletin” can be found by the address below: https://nationalbank.kz/en/news/statisticheskiy-byulleten/rubrics/1556 |
Dissemination of disaggregated data components, comparison of related indicators, and the ability to cross-check and validate data using different statistical systems | The NBRK disseminates the balance of payments in several presentations with varying degrees of data detail:
- standard components; Furthermore, on a quarterly basis the tables containing detailed components on international trade in goods and services, personal transfers, direct investments according to balance of payments data, net incurrence of obligations according to balance of payments data by geographic and sectorial breakdown publish on the National Bank's website. The balance of payments indicators are interconnected with the data of official statistics of trade in goods, with the system of national accounts, international investment position and statistics of international reserves: Balance of payments data are published in the official publications of the NBRK “Statistical Bulletin” (monthly), “Balance of Payments and External Debt of the Republic of Kazakhstan” (quarterly) and in the Annual Report of the NBRK. |
Dissemination Formats:
Online quarterly publication:
Balance of payments and external debt of the Republic of Kazakhstan in Kazakh, Russian and English languages.
Online monthly publication:
Statistical Bulletin of the NBK in Kazakh, Russian and English languages.
Other:
Annual Report of the National Bank of Kazakhstan in Kazakh, Russian and English languages.
The NBK’s internet website: http://www.nationalbank.kz/