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Nominal wages of employees in Azerbaijan up for 4M2023

Economy Materials 19 June 2023 09:14 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, June 19. The average monthly nominal wage of employees from January through April 2023 increased by 10.8 percent compared to the same period last year and amounted to 913.9 manat ($537.5) in Azerbaijan, Trend reports.

According to the State Statistics Committee (SSC) of Azerbaijan, the wages in the oil and gas sector amounted to 3,714 manat ($2,184), while in the non-oil and gas sector - 860 manat ($505.8). The wages of employees of state-owned enterprises amounted to 861.7 manat ($506.8), and private enterprises - 972.1 manat ($571.8).

The highest wage is recorded among workers in the mining sector, insurance and finance, information, communications, as well as in the field of scientific and technical activities.

Average monthly nominal wage by type of economic activity from January through April 2023 (in manat):

Economic activities

In total

Including

Public sector

Private sector

In the whole country

913.9 ($537.5)

861.7 ($506.8)

972.1 ($571.8)

Agriculture, forestry and fishing

533.5 ($313.8)

522.1 ($307.1)

541.6 ($318.5)

Mining industry

3, 558.4 ($2,092.9)

2,169.1 ($1,275.8)

4,314.6 ($2,537.6)

Manufacturing industry

825.4 ($485.5)

1,094.4 ($643.5)

783.8 ($461)

Production, distribution and supply of electricity, gas and steam

928 ($545.8)

926.6 ($545)

998.9 ($587.5)

Water supply, waste treatment and recycling

688 ($404.7)

639.1 ($376)

1,191.6 ($700.5)

Construction

1,029.6 ($605.2)

917.6 ($539.7)

1,063.9 ($625.2)

Trade; vehicle repair

614.1 ($361.2)

768.7 ($452.1)

613 ($360.5)

Transport and storage facilities

1,200.5 ($706.1)

1,259.8 ($741)

1,117.5 ($657)

Tourist accommodation and catering services

713.8 ($419.4)

1,394.5 ($820)

680.8 ($400)

Information and communication

1,519.5 ($893.5)

1,269.4 ($746.4)

1,718.1 ($1,010.5)

Financial and insurance activities

2,485.3 ($1,461.7)

2,295.4 ($1,350)

2,531.9 ($1,488.8)

Operations with real estate

880.1 ($517.6)

950.9 ($558.8)

850.8 ($500)

Professional, scientific and technical activities

1,557.8 ($915.8)

988.2 ($581.1)

2,149.1 (1,264.1)

Provision of administrative and support services

546.8 ($321.1)

497 ($292.3)

694.3 ($408.2)

Public administration and defense; social security

1,266.8 ($744.7)

1,307.4 ($768.8)

446.9 ($262.3)

Education

693.2 ($407.6)

686.6 ($403.5)

845.1 ($497)

Provision of health and social services to the population

786 ($462.3)

808.4 ($475.2)

676.1 ($397.6)

Recreational, entertainment and artistic activities

729.2 ($428.8)

663.3 ($390)

1,357.8 ($798.2)

Provision of other services

1,055.5 ($620.5)

1,729 (1.017)

911.2 (535.8)

The average monthly nominal wage of employees in 2022 increased by 14.7 percent compared to the same period last year and amounted to 839.4 manat ($493.7) in Azerbaijan.

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