Kazakhstan’s current account posted a deficit of USD 4.82 billion in the fourth quarter of 2025, widening from USD 3.90 billion in the same period a year earlier, according to preliminary estimates. The services deficit increased to USD 0.36 billion from USD 0.29 billion in Q4 2024, while the trade surplus shrank sharply to USD 0.40 billion from USD 2.40 billion. In contrast, the primary income deficit narrowed to USD 4.87 billion from USD 5.88 billion, while the secondary income balance shifted to a modest surplus of USD 4.2 million from a deficit of USD 131.5 million.