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Azerbaijan discloses data on nominal income of population

Economy Materials 18 June 2022 14:07 (UTC +04:00)
Azerbaijan discloses data on nominal income of population
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, June 18. The nominal income of Azerbaijani citizens increased by 19.54 percent, or 4.3 billion manat ($2.5 billion), from January through May 2022 compared to the same period in 2021, Trend reports citing the State Statistical Committee.

During this period, per capita income in Azerbaijan grew by 19.07 percent, or 247.9 manat ($146.01).

After the payment of all mandatory and voluntary payments, people's revenues rose by 19.69 percent, or 3.8 billion manat ($2.26 billion) compared to the first five months of 2021. Meanwhile, per capita income increased by 19.2 percent, or 376.1 manat ($221.3).

January through May 2022

January through May 2021

2022/2021

Nominal income of population

26.4 billion manat ($15.5 billion)

22.1 billion manat ($13 billion)

+19.54 percent

Per capita income

2,629 manat ($1,5)

2,208 manat ($1,299)

+19.07 percent

Disposable income

23.4 billion manat ($13.8 billion)

19.59 billion manat ($11.5 billion)

+19.69 percent

Per capita income

2,333 manat ($1,373)

1,957 manat ($1,151)

+19.21 percent

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