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  • Incomes of Kazakhstani citizens increased by 16 times since independence

Incomes of Kazakhstani citizens increased by 16 times since independence

14 June, 2014 14:33
There is some evidence that Independent Kazakhstan had made a significant progress since 1991 up to this day.

Over the years of independence, Kazakhstan has taken place among the 50 most economically competitive countries.

The Republic also ranked 50th in World Bank Doing Business ranking.

It is worth noting that according to preliminary data GDP per capita amounted to 13 717.77 dollars, up 7.6% GDP growth in 2013 .

In addition, industrial output has been increased20 times over the years of independence,the growth of foreign trade – 12 times, unemployment figures dropped twice.

Besides, the incomes of Kazakhstani citizens increased by 16 times, the cost of the educational system increased tenfold as well.