Publication:
Kazakhstan Poverty and Equity Assessment 2024

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dc.contributor.authorWorld Bank
dc.date.accessioned2025-01-06T21:14:07Z
dc.date.available2025-01-06T21:14:07Z
dc.date.issued2025-01-06
dc.description.abstractThe economy of Kazakhstan has performed strongly since the turn of the century, growing at an annual rate of 4.7 percent from 2006 to 2021. Sustained economic and productivity growth brought higher incomes and a period of prosperity. Between 2006 and 2021, the per capita gross domestic product (GDP) (in constant LCU) rose from 548,912 to 791,285 tenge, and household consumption per capita (in constant LCU) rose from 279,891 to 500,529 tenge. As poverty fell and living standards rose, the country transitioned from lower-middle-income to upper-middle-income status. Disparities persist, although poverty fell significantly in all regions of Kazakhstan. The demographic profile of poverty has also changed, as poor people are now more likely to be younger, less educated, and have larger families. Chronic poverty, defined as consistent poverty over time, also decreased significantly, with rates of chronic poverty dropping by 37 percent (from 8.4 to 5.3 percent) between 2011-13 and 2019-21. The main driver of poverty reduction has been consumption growth. Income inequality has increased since 2016 but remains low relative to other upper-middle-income countries.en
dc.identifierhttp://documents.worldbank.org/curated/en/099121024150515312/P5011041791e5c07c19b3d16b0aecd7cc53
dc.identifier.doi10.1596/42616
dc.identifier.urihttps://hdl.handle.net/10986/42616
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectNO POVERTY
dc.subjectDECENT WORK AND ECONOMIC GROWTH
dc.titleKazakhstan Poverty and Equity Assessment 2024en
dc.typePoverty Assessment
dspace.entity.typePublication
okr.date.disclosure2025-01-06
okr.date.doiregistration2025-04-14T11:49:07.628087Z
okr.date.lastmodified2024-12-16T00:00:00Zen
okr.doctypePoverty Assessment
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099121024150515312/P5011041791e5c07c19b3d16b0aecd7cc53
okr.guid099121024150515312
okr.identifier.docmidP501104-791e5cc5-12d2-4e7c-9b3d-6b0aecd7cc53
okr.identifier.externaldocumentum34434555
okr.identifier.internaldocumentum34434555
okr.identifier.report195500
okr.import.id6212
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099121024150515312/pdf/P5011041791e5c07c19b3d16b0aecd7cc53.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryKazakhstan
okr.topicPoverty Reduction::Inequality
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicPoverty Reduction::Poverty Reduction Strategies
okr.unitEFI-ECA-POV-Poverty and Equity (EECPV)
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