BAKU, Azerbaijan, March 21. Preliminary figures indicate that the nominal income of Azerbaijan's population increased by 15.2 percent or 1.4 billion manat ($823.5 million) from January through February 2023 compared to 2022, reaching 10.6 billion manat ($6.2 billion), Trend reports citing the State Statistics Committee.
During the mentioned period, income per capita increased by 14.45 percent, or 133.1 manat ($78.2) in Azerbaijan.
The growth rate of the population's income following all compulsory and voluntary payments totaled 15.4 percent or 1.2 billion manat ($705.8 million) compared to 2022. Meanwhile, per capita income increased by 14.68 percent or 118.1 manat ($69.4).
|
from January through February 2023 |
from January through February 2022 |
Difference between 2022 and 2023 |
|
|
Nominal income of population |
10.6 billion manat ($6.2 billion) |
9.2 billion manat ($5.41 billion) |
115.2 percent |
|
Income per capita |
1,054 manat |
921.1 manat |
114.4 percent |
|
Disposable income |
9.3 billion manat ($5.47 billion) |
8.1 billion manat ($4.7 billion) |
115.4 percent |
|
Income per capita |
922.7 manat |
804.6 manat |
114.7 percent |
The nominal income of the Azerbaijani population in 2022 increased by 20.5 percent, or 11.7 billion manat ($6.8 billion) compared to 2021, and reached 68.9 billion manat ($40.5 billion). During this period, income per capita in Azerbaijan increased by 19.9 percent, or 1,134 manat ($667).