BAKU, Azerbaijan, December 15. The nominal incomes of the Azerbaijani population, according to preliminary data, increased by 12.83 percent, or 7.9 billion manat ($4.6 billion), and reached 70 billion manat ($41 billion) from January through November 2023 year-on-year, Trend reports via the country's State Statistics Committee of Azerbaijan.
According to the committee's figures, per capita income increased by 12.17 percent, or 750 manat ($441), throughout the designated time.
After deducting all mandatory and voluntary payments, population income increased by 12.82 percent, or seven billion manat ($4 billion). In addition, per capita income increased by 12.82 percent, or 665 manat ($391).
From January through November 2023 |
From January through November 2022 |
Year-on-year growth (%) |
|
Nominal incomes of the population |
70 billion manat ($41 billion) |
62 billion manat ($36 billion) |
12.83 |
Per capita income |
6,917 manat ($4,070) |
6,166 manat ($3,630) |
12.15 |
Income remaining at the disposal of the population |
62 billion manat ($36 billion) |
55 billion manat ($32 billion) |
12.82 |
Per capita income |
6,139 manat ($3,610) |
5,474 manat ($3,220) |
12.5 |
The nominal income of the Azerbaijani population in 2022 increased by 20.5 percent, or 11.7 billion manat ($6.9 billion), compared to 2021 and reached 68.9 billion manat ($40.5 billion). During this period, per capita incomes in Azerbaijan increased by 19.9 percent, or 1,134 manat ($667.2).