TOOL · GROSS COST

How much would a basic income cost in Kazakhstan?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Country

Adult population 14,324,777child population 6,005,327year 2023World Bank WDI

Monthly amount per adult

Monthly amount per child

GROSS ANNUAL COST

166,343 million

in KZTKZT 166,343,428,800

Equal to 0.1% of reference GDP

Population covered: 20,330,104 people

Adults: 14,324,777 × KZT 800 × 12 = KZT 137,517,859,200

Children: 6,005,327 × KZT 400 × 12 = KZT 28,825,569,600

KZT 137,517,859,200 + KZT 28,825,569,600 = KZT 166,343,428,800

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $261,840,101,060 · World Bank WDI

Currency KZT · exchange rate 456.1650 KZT/USD (2023)

Converted cost $364,656,273 for the GDP share.