Periodicity
Timeliness
Coverage characteristics Data are disseminated in millions of U.S. dollars on the balance of payments which cover the entire economy of the Republic of
Kazakhstan.
Data are disseminated on the following:
(1) The current account showing: exports and imports of goods and services (transport, travel, and other); income balance (net income receipts); and net current transfers.
(2) The capital and financial accounts showing: net capital transfers; net direct investments; net portfolio investments; other investments, net; and the change in the reserve assets.
The main sources of the data are: customs statistics; reports of banks, other financial and non-financial institutions; the National Bank of
Kazakhstan's monthly balance sheets; data provided by the Ministry of
Finance and other ministries and governmental agencies; and border surveys.
The data published since 1995 are compiled in accordance with the fifth edition of the IMF's Balance of Payments Manual (BPM5)
Quarterly
Within one quarter after the end of the reference quarter
Advance dissemination of release calendar
Simultaneous release to all interested parties
Dissemination of terms and conditions under which official statistics are produced, including ...confidentiality of individual responses
An advance release calendar that gives the precise release dates for the next twelve months is disseminated on the NBK's Internet website
(http://www.nationalbank.kz/?docid=54&uid=3F24855D-802C-E8FB-
367A424DC7051483 ).
The data are released simultaneously to all interested parties on the
NBK's Internet website (in Kazakh, Russian and English).
Detailed tables, in the time series format, are published quarterly in the
NBK’s "The Balance of Payments and External Debt of the Republic of
Kazakhstan" (in Kazakh and Russian)
The compilation and dissemination of the balance of payments data are governed by:
The Law on the National Bank of the Republic of Kazakhstan (No.
2155) adopted on March 30, 1995. According to the Law functions of the National Bank of Kazakhstan (NBK) include compiling of

the report balance of payments, international investment position and estimate of the gross external debt of the country (Article 8.
"Functions, Powers, and Rights of the National Bank of
Kazakhstan," item "r").(available on the NBK Internet website http://www.nationalbank.kz/cont/publish626681_1720.doc )
The Government Resolution No. 71, January 29, 1999 "On
Development of the Balance of Payments of the Republic of
Kazakhstan". The resolutions determined the NBK as an official developer of the country's payment balance, including the responsibility for forming and disseminating balance of payments statistics and transferred to the NBK the right to collect statistical reports on the balance of payments from all respondents.
Law on State Statistics (Article 13), according which "individuals and legal entities shall be guaranteed confidentiality of statistical source data and access to lists of general government and agency statistical reports and the statistical work plan. Statistical source data may be disseminated only with the consent of the individuals and legal entities supplying the information, or anonymously".
(Available on the Statictics agency Internet website: http://www.stat.kz/stat/index.aspx?p=law_stat )
In addition the action of the Law "On Banks and Banking in the
Republic of Kazakhstan" extends to statistical reports of banks insofar it as concerns disclosure of information classified as bank secrets
(articles 50 and 54 of the Law). National Bank employees are prohibited from disclosing or transferring to third parties any information obtained while exercising their responsibilities. (Available on the NBK Internet website
(http://213.211.77.60/cont/publish825481_2525.pdf).
There is also an administrative sanction for releasing commercial information to public.
No person outside the NBK has access to the data before their release to the public.
Identification of internal government access to data before release
Identification of ministerial commentary on the occasion of statistical releases
Provision of information about revision and advance notice of major changes in methodology
Dissemination of documentation on methodology and sources used in preparing statistics:
No ministerial commentary is attached to the release of the data.
The revision of data is introduced by the NBK twice a year, in October and April. Revisions are made for the two preceding years, and full revised balance of payments series are published for these two years.
Particularly with regard to significant revisions, full explanations of the underlying reasons are published in The Balance of Payments and
External Debt of the Republic of Kazakhstan with the revised data.
Major changes in methodology are announced to users at the time the changes are introduced.
The framework of the balance of payments of the Republic of
Kazakhstan is close to BPM5 .
At the same time the legal definition of residency in Kazakhstan is not in accordance with the concept of residency adopted in the BPM5 and the world standard System of National Accounts of 1993. According the law on currency regulation a local branch of a bank or nonfinancial enterprise located abroad is considered as a nonresident entity. When reviewing branches of foreign companies as residents for balance of payments purposes, this difference in definitions complicates the classification of the operations performed by them. Currently, compilers of Kazakhstani external sector statistics (BOP, IIP and
External Debt) treat all branches of foreign nonfinancial enterprises as residents except for branches providing construction and drilling services. For consistency of the flows and stock position in the external

Dissemination of ... that support statistical cross-checks and provide assurance of reasonableness sector statistics banks submit data according to the legal definition and additional data on the branches of foreign companies.
Detailed information on methodology of foreign direct investments measuring available on following page of web-site of IMF: http://www.imf.org/external/np/sta/di/mdb97.htm.
Methodological notes are disseminated on the NBK website, and details of methodology are published in The Balance of Payments and
External Debt of the Republic of Kazakhstan .
(See also summary methodology)
The NBK's Internet website publishes time series data in U.S.dollars.
Since 2000 quarterly and annual time series are published for each of the standard components specified in the fifth edition of the IMF's
Balance of Payments Manual (BPM5). For the period of 1995-1999 quarterly and annual data are available in analytic presentation.
The detailed standard presentation are published in the NBK’s quarterly bulletin The Balance of Payments and External Debt of the
Republic of Kazakhstan. This bulletin also provides detailed information on data sources, compilation procedures, and notes on various adjustments, such as the coverage adjustment for shuttle trade, are performed.
Monthly Statistical Bulletin of the NBK publishes quarterly data for the latest two and annual data for the latest two years on balance of payments with breakdowns of balance of payments components, gross external debt, and external debt indicators. The NBK Annual Report also includes BOP, IIP and external debt data.