Kazakhstanis’ average cash income in the third quarter of 2023 was $662.30 per person, according to statistics cited by Finprom.kz analysts in a report, That’s 21.5% more than in the same period in 2022. Total income growth in Kazakhstan for the full-year 2023 amounted to 16.5%. The earners who saw the smallest gains are all residents of the five southern regions.
Kazakhstan’s inflation rate last year at the end of the third quarter was 12.9% in annual terms. In terms of incomes, there were nine regions out of 20 where income was higher than the average for the whole country. First place in terms of earnings was Astana – almost $966 per month. In second place by average income level was Almaty at $870. Karaganda region, with an average income of $843, closes out the top three. The East Kazakhstan region ($802.7) and Ulytau region ($784.7) filled out the top five best regions in terms of earned incomes.
The lowest per capita monthly earnings in Kazakhstan were found in the Zhetysu region ($506), Kyzylorda region ($502.6), Shymkent city ($492.6), Zhambyl region ($474.6), and Turkestan region ($472).
Looking at the breakdown of incomes nationally, 75% of earnings were derived from labor activity ($496). Social transfers as a component of incomes accounted for almost $140 per capita. Material aid from relatives and acquaintances, as well as alimony, on average, amounted to $15.3 per month. Incomes from other sources accounted for only $11.5 per month.
