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).