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Average monthly nominal salary of employees increases in Azerbaijan

Economy Materials 7 November 2023 17:01 (UTC +04:00)
Average monthly nominal salary of employees increases in Azerbaijan
Elchin Mehdiyev
Elchin Mehdiyev
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BAKU, Azerbaijan, November 7. Average monthly nominal salary of hired workers has increased in Azerbaijan from January through August 2023, Trend reports.

The data of the Baku City Statistical Department of the State Statistics Committee shows that the average monthly nominal salary of hired workers increased by 9.9 percent and amounted to 1,174 manat ($690) from January through August 2023 year-on-year.

"The average monthly nominal wage of mining workers has amounted to 3,881 manat, information and communication workers - 1,742 manat ($1,024) since the beginning of the reporting period. The wages of workers employed in financial and insurance activities increased the most compared to the corresponding period of the last year. Thus, the average monthly nominal salary of workers in the sphere of financial and insurance activities amounted to 2,556 manat ($1,503) for 8 months of the current year, and for the corresponding period of last year - 2,268 manat ($1.334)," the ministry said.

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