Kazakhstan Average Monthly Wages - Forecast

Wages in Kazakhstan is expected to be 158466.53 KZT/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Kazakhstan to stand at 157754.14 in 12 months time. In the long-term, the Kazakhstan Average Monthly Wages is projected to trend around 184000.00 KZT/Month in 2020, according to our econometric models.


Kazakhstan Average Monthly Wages
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Kazakhstan Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 4.8 4.7 4.9 4.8 4.8 4.8
Unemployed Persons 434 435 438 438 436 437
Long Term Unemployment Rate 2 2.2 2.11 2.01 2.06 1.97
Wages 163604 158467 167000 170000 157754 184000
Minimum Wages 24459 25459 25459 27700 26492 30000
Population 17.92 18.07 18.8 18.18 18.22 19.7
Living Wage Family 113900 115000 115000 118000 113900 118000
Living Wage Individual 83600 83600 83600 83600 83600 83600
Employed Persons 8539 8635 8700 8585 8651 8900
Wages High Skilled 135100 145100 145100 145100 117578 148100
Wages In Manufacturing 172254 164983 195000 172254 179107 210000
Wages Low Skilled 71900 72700 72700 72700 67136 73700
Youth Unemployment Rate 4.1 4.14 4.17 4.2 4.25 4.3
Retirement Age Men 63 63 63 63 63 63
Retirement Age Women 58 58 58 58 58 58