10.Jun .2022 20:00

Kazakhstan is leader in wage growth among the EAEU countries

Kazakhstan is leader in wage growth among the EAEU countries
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Kazakhstan turned out to be the leader in wage growth among the states of the Eurasian Economic Union (Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan), reports the Eurasian Economic Commission (EEC).

“The highest growth rates of both nominal and real wages were recorded in Kazakhstan (almost 124% and 113% respectively) and in Belarus (117% and 104.5%),” reads the report.

The average monthly nominal salary in the first quarter of 2022, compared to the same period in 2021, increased in all EAEU states. Its size ranges from 21 thousand soms or $234 in Kyrgyzstan to 60 thousand rubles or $709 in Russia, KazTag reports.