World Bank Reports Fourfold Decrease in Kazakhstan's Poverty Rate Over 20 Years

The World Bank reports that Kazakhstan's poverty rate has decreased fourfold over the past two decades. The proportion of the population earning above the poverty line has increased from 81.8% in 2006 to 95.1% currently. Income inequality has also reduced, with the Gini index falling to 29 points in 2024. The bank attributes this improvement primarily to rising labor incomes across all regions.

Read the full article at Egemen Qazaqstan →

Headline and summary written by daryo. The full report belongs to Egemen Qazaqstan.