...

Azerbaijani population's nominal incomes edge up in 2023

Economy Materials 18 January 2024 00:10 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
Read more

BAKU, Azerbaijan, January 18. The nominal incomes of the Azerbaijani population, according to preliminary data, increased by 12.85 percent, or 8.8 billion manat ($5.18 billion), in 2023 year-on-year, reaching 78 billion manat ($45.88 billion), Trend reports via the country's State Statistics Committee of Azerbaijan.

The committee's data showed that per capita income increased by 12.2 percent, or 835.9 manat ($491.7), throughout the designated time.

After deducting all mandatory and voluntary payments, population income increased by 12.83 percent, or 7.88 billion manat ($4.6 billion). In addition, per capita income increased by 12.19 percent, or 741.8 manat ($436).

2023

November 2022

Year-on-year growth (%)

Nominal incomes of the population

78 billion manat ($45.88 billion)

69.16 billion manat ($40.68 billion)

12.8

Per capita income

7,686 manat ($4,521)

6,851 manat ($4,030)

12.2

Income remaining at the disposal of the population

69.3 billion manat ($40.7 billion)

61.4 billion manat ($36 billion)

12.8

Per capita income

6,829 manat ($4,017)

6,087 manat ($3,580)

12.2

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).

Tags:
Latest

Latest