• KZT/USD = 0.00224
  • TJS/USD = 0.10860
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00224
  • TJS/USD = 0.10860
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00224
  • TJS/USD = 0.10860
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00224
  • TJS/USD = 0.10860
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00224
  • TJS/USD = 0.10860
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00224
  • TJS/USD = 0.10860
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00224
  • TJS/USD = 0.10860
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00224
  • TJS/USD = 0.10860
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
12 November 2026

Viewing results 1 - 6 of 8

Kazakhstan to Freeze Minimum Wage in 2026 Despite Earlier Promises

Kazakhstan will maintain its current minimum wage of 85,000 KZT per month (approximately $157) in 2026, Deputy Prime Minister and Minister of National Economy Serik Zhumangarin confirmed at a recent press conference. This announcement contradicts earlier statements made in June by Minister of Labor and Social Protection Svetlana Zhakupova, who indicated that the government intended to raise the minimum wage from January 1, 2026. Finance Minister Madi Takiev had even suggested a possible increase to just over 90,000 KZT ($166). However, Zhumangarin stated that the proposed adjustment has been scrapped. “We currently have no plans to increase the minimum wage. As of today, it remains at 85,000 KZT, and we are not considering an increase at this time,” he said. Zhumangarin noted that while pensions and benefits are indexed annually to inflation, the government has allocated 800 billion KZT ($1.4 billion) in the 2026 budget to cover these costs. Takiev added that while calculations had been made for a potential increase, “given the current situation,” the decision was made to leave the wage unchanged. The minimum wage was last raised in January 2024, from 70,000 KZT ($135 at the time) to its current level. Some members of parliament have called for a broader review of the minimum wage, the minimum subsistence level, and the structure of the official food basket. In response to a reporter’s question, Zhumangarin acknowledged that he himself could not live on 85,000 KZT per month under current market conditions but stressed that the issue must be approached cautiously. According to the Ministry of Labor, approximately 170,000 people in Kazakhstan currently earn the minimum wage, while another 160,000 earn around 100,000 KZT monthly. As of the first quarter of 2025, the total number of employed individuals in the country stood at 9.3 million. Over the summer, AMANAT parliamentary faction leader Yelnur Beisenbayev criticized government statistics, particularly the official average salary figure of 423,000 KZT ($830). “In our country, three million people earn around 200,000 KZT, of whom 1.8 million live on the minimum wage of 85,000 KZT. So the question arises: who earns 423,000? I believe the government calculates it like this: if Asan earns 1 million KZT, and Yessen and Usen earn 100,000 each, then the average among them is 400,000,” he remarked.

Kazakhstan to Raise Minimum Wage in 2026

Kazakhstan’s Minister of Labor and Social Protection, Svetlana Zhakupova, has announced that the government plans to raise the minimum wage starting January 1, 2026. While the exact amount was not disclosed, Finance Minister Madi Takiev suggested the minimum wage could increase to just over 90,000 KZT ($189) per month. Speaking on the sidelines of a joint meeting of both chambers of the Kazakh parliament, Zhakupova noted that last year her ministry approved a new methodology for calculating the minimum wage. The formula is based on labor productivity, median wages, and inflation. As all these indicators, especially inflation, have risen this year, an adjustment is being prepared. “Today, several institutions are conducting research to determine accurate indicators of labor productivity and median wages by region and by industry, all of which will inform the new minimum wage,” Zhakupova said. “By the end of the year, we expect to finalize the amount so that the increase can take effect from January 1.” Finance Minister Takiev echoed this projection, estimating the new figure at approximately 90,000 KZT. Currently, the minimum wage in Kazakhstan stands at 85,000 KZT ($164). If the forecast is accurate, the planned increase would be the smallest in seven years. For context, the minimum wage rose from 28,200 KZT to 42,500 KZT ($54 to $81) in 2019, to 60,000 KZT ($116) in 2022, and to 70,000 KZT ($135) in 2023. The current level was established in January 2024. Inflation for the first five months of this year reached 11.3%, according to official data. Earlier, parliamentary deputy Askhat Rakhimzhanov called for revising key social indicators, including the minimum subsistence level, minimum wage, and consumer basket. He argued the subsistence minimum, currently 46,000 KZT ($89), should be raised to at least 115,700 KZT ($223). Deputy Prime Minister Serik Zhumangarin, who also heads the Ministry of National Economy, agreed that the minimum wage should rise but cautioned against abrupt increases. “Raising the minimum wage is complex. It must be balanced with efforts to contain inflation, as it leads to higher production costs and stimulates demand, which can further drive inflation,” Zhumangarin said. He acknowledged the sharp rise in prices and admitted he could not live on 85,000 KZT. According to the National Statistics Bureau, the average monthly nominal wage in Kazakhstan during Q1 2025 was 423,100 KZT ($816), while the median wage stood at 300,300 KZT ($579). Only 6.1% of the working population, or around 170,000 workers, earn less than 100,000 KZT monthly, according to the Applied Economics Research Centre (AERC). The majority, 53%, earn between 150,000 and 350,000 KZT ($290 to $675). As previously reported by The Times of Central Asia, medical personnel remain among the lowest-paid occupational groups in the country.