Key Facts: Bahamas vs Kazakhstan Wages
- Bahamas Minimum Wage
- B$6.50/hr ($6.50 USD)
- Kazakhstan Minimum Wage
- ₸496/hr ($1.05 USD)
- Bahamas Avg. Gross Monthly Salary
- B$3,500 /mo ($3,500 USD)
- Kazakhstan Avg. Gross Monthly Salary
- ₸380,000 /mo ($805.08 USD)
- Data Sources
- Government of The Bahamas / Ministry of Labour (2026-02-25), Ministry of Labour and Social Protection of the Population; 2024 figure of KZT 85,000/mo confirmed current per Republican Budget Law; 2025 and 2026 figures need primary source verification next session (2026-05-04)
Bahamas
Kazakhstan
Updated 2026-05-04
The minimum wage in the Bahamas is roughly 6 times higher than in Kazakhstan in USD terms, reflecting the gap between a high-income and a upper-middle-income economy. Average gross salaries diverge further: $3,500/mo in the Bahamas versus $805/mo in Kazakhstan, a 4.3:1 ratio. Kazakhstan has the tighter labor market, with unemployment at 4.8% compared to 9.2%.
From the Bahamas' perspective: adjusting for purchasing power, the Bahamas' minimum wage buys more than Kazakhstan's. The PPP-adjusted hourly rate in the Bahamas is $7 international dollars, compared to $3 in Kazakhstan. The Bahamas has higher GDP per capita ($41,198 vs $40,891). The Bahamas' unemployment rate is 9.2% compared to Kazakhstan's 4.8%.
Detailed Comparison
| Metric | Bahamas | Kazakhstan |
|---|---|---|
| Minimum wage /hr | B$6.50 $6.50 | ₸496 $1.05 |
| Minimum wage /day | — | ₸2,833 $6.00 |
| Minimum wage /mo | B$1,126.67 $1,126.67 | ₸85,000 $180.08 |
| Minimum wage /yr | B$13,520 $13,520 | ₸1,020,000 $2,161.02 |
| Avg. gross salary /mo | B$3,500 /mo $3,500 | ₸380,000 /mo $805.08 |
| Avg. net salary /mo | B$3,150 /mo $3,150 | ₸342,000 /mo $724.58 |
| Median individual income /yr | B$24,000 /yr $24,000 | ₸2,400,000 /yr $5,084.75 |
Percentage differences are based on USD equivalent values. Positive means Bahamas is higher.
Work Week
- Bahamas
-
40 hrs/wk standard
Max 40 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours (8 hours/day). Overtime is paid at 1.5x the regular rate for hours beyond 40 per week or 8 per day. Work on public holidays or rest days is paid at 2x the regular rate. Governed by the Employment Act, 2001.
- Kazakhstan
-
40 hrs/wk standard
Max 40 hrs/wk
Overtime : 1.5x pay
Labour Code sets standard working time at 40 hours/week. Overtime is limited to 2 hours/day and must be compensated at 150% of the normal rate. Reduced working hours apply to workers aged 14-18 and those in hazardous conditions. Five-day work week is standard.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker moving from Kazakhstan to the Bahamas would see a 519% increase in USD-equivalent hourly earnings.
See this comparison from Kazakhstan's perspective: Kazakhstan vs Bahamas
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Frequently Asked Questions
Is the minimum wage higher in Bahamas or Kazakhstan?
In the Bahamas, the minimum wage is B$6.50/hr ($6.50 USD). In Kazakhstan, it is ₸496/hr ($1.05 USD). Bahamas has the higher rate by 519% in USD terms. That nominal gap does not account for local prices; see the purchasing power comparison below for a cost-of-living-adjusted view. Workers in Kazakhstan may retain a larger share of their earnings if prices there are lower.
How much more does the average worker earn in Bahamas compared to Kazakhstan?
The average gross salary in the Bahamas is B$3,500/mo ($3,500 USD), compared to ₸380,000/mo ($805.08 USD) in Kazakhstan. In USD terms, workers in the Bahamas earn approximately 335% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Bahamas and Kazakhstan is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in the Bahamas earn more in nominal terms, though how far that income stretches depends on local prices in Kazakhstan.
Which country has better purchasing power for minimum wage workers, Bahamas or Kazakhstan?
After adjusting for local prices using purchasing power parity (PPP), minimum wage workers in the Bahamas can afford more than those in Kazakhstan. The PPP-adjusted rate is $7 in the Bahamas and $3 in Kazakhstan. PPP converts wages into equivalent US dollar buying power, accounting for what a unit of currency actually buys locally. The 122% purchasing power gap means that even if the nominal wage in Kazakhstan appears competitive, minimum wage workers there face greater constraints on day-to-day spending.
How do work hours compare between Bahamas and Kazakhstan?
Both Bahamas and Kazakhstan mandate a similar standard work week of 40 hours. When work hours are equal, the country with the higher minimum wage delivers proportionally higher weekly earnings. Standard work week rules set the baseline; actual hours worked often differ based on industry norms and individual employment contracts.
What is the cost of living difference between Bahamas and Kazakhstan?
While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Bahamas has the higher GDP per capita at $41,198, which is 1.0x that of Kazakhstan at $40,891. From the Bahamas' perspective, this means goods and services are priced at a higher economic level. A higher GDP per capita generally correlates with higher wages, higher consumer prices, and greater availability of goods and services. Workers moving between these two countries should expect significant differences in rent, food, and transportation costs.