BAKU, Azerbaijan, February 15. In 2023, the average monthly nominal income of recruited employees in Azerbaijan climbed by 11.2 percent year on year, reaching 933.8 manat ($549.29), Trend reports.
According to Azerbaijan's State Statistics Committee, the
average income in the oil and gas sector was 3,492 manat ($2,054),
while in the non-oil and gas sector it was 885.2 manat ($520.7).
Employee salaries in state firms were 904 manat ($531.7), whereas
in private enterprises they were 966 manat ($568.2).
The data also revealed that the greatest incomes were earned by
workers in mining, insurance, and finance, information and
communications, and scientific and technological fields.
Monthly average nominal wages by types of economic activities in 2023
|
Types of economic activity |
Total |
Including |
|
|
Public sector |
Private sector |
||
|
Country (overall) |
933.8 manat ($549.29) |
904 manat ($531.7) |
966 manat ($568.2) |
|
Agriculture, forestry and fisheries |
559 manat ($328.8) |
560.5 manat ($329.7) |
557.9 manat ($328.18) |
|
Mining industry |
3,347 manat ($1,968) |
2,172 manat ($1,277) |
3,979 manat ($2,340) |
|
Manufacturing industry |
844.3 manat ($496.6) |
1,191 manat ($700.59) |
793 manat ($466.47) |
|
Production, distribution and supply of electricity, gas and steam |
959.7 manat ($564.5) |
955.8 manat ($562.2) |
1,162 manat ($683.5) |
|
Water supply, waste treatment and recycling |
710.2 manat ($417.7) |
657.7 manat ($386.88) |
1,201 manat ($706) |
|
Construction |
1,055 manat ($620.59) |
971.2 manat ($571.29) |
1,079 manat ($634.7) |
|
Trade; repair of vehicles |
631.2 manat ($371.29) |
840.6 manat ($494.4) |
629.7 manat ($370.4) |
|
Transportation and warehousing |
1,278 manat ($795) |
1,352 manat ($795) |
1,178 manat ($692.9) |
|
Tourist accommodation and catering |
720.5 manat ($423.8) |
1,476 manat ($868) |
687.9 manat ($404.6) |
|
Information and communications |
1,512 manat ($889.4) |
1,325 manat ($779) |
1,653 manat ($972) |
|
Financial and insurance activities |
2,325 manat ($1,367) |
2,772 manat ($1,630) |
2,214 manat ($1,302) |
|
Real estate transactions |
910.1 manat ($535.3) |
1,030 manat ($605.88) |
860.6 manat ($506.2) |
|
Professional, scientific and technical activities |
1,537 manat ($904) |
1,071 manat ($630) |
2,056 manat ($1,209) |
|
Provision of administrative and support services |
563.9 manat ($331.7) |
508.6 manat ($299.18) |
713.6 manat ($419.7) |
|
Public administration and defense; social security |
1,356 manat ($797.6) |
1,400 manat ($823.5) |
459.5 manat ($270.29) |
|
Education |
713.3 manat ($419.59) |
705.8 manat ($415.18) |
877.1 manat ($515.9) |
|
Provision of medical and social services to the population |
796.9 manat ($468.7) |
831.1 manat ($488.88) |
678.4 manat ($399) |
|
Activities in the field of recreation, entertainment and art |
726.1 manat ($427) |
671 manat ($394.7) |
1,234 manat ($725.88) |
|
Provision of services in other sectors |
1,104 manat ($649.4) |
1,681 manat ($988.8) |
971.3 manat ($571.3) |
Meanwhile, the monthly average nominal salary of hired workers in Azerbaijan in 2022 increased by 14.7 percent compared to the same period last year and amounted to 839.4 manat ($493.2).