BAKU, Azerbaijan, August 9. The average monthly nominal wages of employees in Baku increased by 10.1 percent from January through May 2023 compared to the same period in 2022, Trend reports.
According to the Baku City Statistics Department, the average monthly nominal wages of employees in Baku amounted to 1,174 manat ($690.5) from January through May 2023.
Employees' average monthly nominal pay in Azerbaijan climbed by 11.1 percent from January to May 2023, totaling 916.8 manat ($539.2) compared to the same time last year.
Wages in the oil and gas sector were 3,655 manat ($2,150), whereas they were 864.2 manat ($508) in the non-oil and gas sector.
Employees of state-owned firms were paid 871.2 manat ($512.4), while those of private enterprises were paid 967.4 manat ($569).
Workers in the mining industry, insurance and finance, information and communications, and scientific and technological activities earn the highest wages.