BAKU, Azerbaijan, Nov. 12
By Khagan Isayev - Trend:
The average monthly salary in Azerbaijan in 2022 is forecasted to make up 807.6 manat ($475), Trend reports referring to the state budget bill.
According to the document, in 2023, 2024 and 2025, this figure will amount to 850.6 manat ($500.3), 895.5 manat ($526.7) and 946.1 manat ($556.5), respectively.
The nominal income of the population of Azerbaijan increased by one percent or 361 million manat ($212.3 million) from January through August 2021, compared to the same period of 2020 - from 36.8 billion manat to nearly 37.2 billion manat ($21.64 billion - $21.88 billion) on annual basis.
At the same time, income per capita increased by 19 manat ($11.1) or 0.7 percent over the year, that is, from 3,693.3 manat or $2,172 [recorded in the first eight months of 2020] to 3,712.3 manat ($2,187).
After the payment of all mandatory and voluntary payments, the income of the population for the reporting period amounted to 33.3 billion manat ($19.6 billion) increasing by 165.1 million manat ($97.1 million) or 0.5 percent compared to the same period of 2020 (33.1 billion manat or $19.4 billion).
Meanwhile, per capita income increased by 1.2 manat (70 cents) or 0.04 percent - from 3,328.2 manat or $1,957.7 [recorded in the first eight months of last year] to 3,329.4 manat ($1,958.4).