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Nominal income of Azerbaijani citizens up for 8M2022

Economy Materials 14 September 2022 15:39 (UTC +04:00)
Nominal income of Azerbaijani citizens up for 8M2022
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, September 14. The nominal income of Azerbaijani citizens increased from January through August 2022, Trend reports via the State Statistical Committee of Azerbaijan.

According to the committee, this figure grew by nearly 7.41 billion manat ($4.36 billion) or 20 percent on annual basis, while per capita income in Azerbaijan - by 720.4 manat ($423.7) or 19.5 percent.

In the first eight months of this year, the citizens’ revenues after deduction of all mandatory and voluntary payments rose by 6.6 billion manat ($3.8 billion) or 20.2 percent compared to the same period of 2021. Meanwhile, per capita income increased by 648.5 manat ($381.4) or 19.7 percent.

January through August 2022

January through August 2021

2022/2021

Nominal income of population

44.48 billion manat ($26.16 billion)

37 billion manat ($21.7 billion)

+20 percent

Per capita income

4,423 manat ($2,601.7)

3,702.6 manat ($2,178)

+19.5 percent

Disposable income

39.6 billion manat ($23.3 billion)

19.59 billion manat ($11.5 billion)

+20.2 percent

Per capita income

3,940.6 manat ($2,318)

3,292.1 manat ($1,936.5)

+19.7 percent

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