BAKU, Azerbaijan, April 15. The average monthly nominal wage of employees in Azerbaijan grew by 10.8 percent from January through February 2024 compared to the same period last year and amounted to 946.8 manat ($556.9), Trend reports.
The data from Azerbaijan's State Statistics Committee showed
that earnings in the oil and gas sector were 3,438 manat ($2,022),
while in the non-oil and gas sector they were 899.7 manat ($529.2).
Employee salaries in governmental entities totaled 901.8 manat
($530.4), while private enterprises paid 996.5 manat ($586).
The committee's data also showed that workers in mining, insurance
and finance, information and communications, and scientific and
technological industries earned the highest earnings.
Average monthly nominal earnings by kind of economic
activity from January through February 2024
|
Types of economic activity |
Total |
Includes |
|
|
State sector |
Private sector |
||
|
Overall, in the country |
946.8 manat manat ($556.9) |
901.8 manat manat ($530.4) |
996.5 manat manat ($586) |
|
Agriculture, forestry, and fisheries |
528 manat manat ($311) |
496 manat ($291.7) |
552.7 manat ($325) |
|
Mining industry |
3,298 manat manat ($1,940) |
2,097 manat ($1,233) |
3,948 manat ($2,322) |
|
Manufacturing industry |
866.9 manat manat ($509.9) |
1,207 manat ($710) |
815 manat ($479.4) |
|
Production, distribution, and supply of electricity, gas, and steam |
1,035 manat manat ($608.8) |
1,030 manat ($605.88) |
1,349 manat ($793.5) |
|
Water supply, waste treatment, and recycling |
706.9 manat ($415.8) |
657.9 manat ($387) |
1,155 manat ($679.4) |
|
Construction |
1,044 manat ($614) |
958.3 manat ($563.7) |
1,069 manat ($628.8) |
|
Trade; repair of vehicles |
658.8 manat manat ($387.5) |
887 manat ($521.7) |
657 manat ($386.4) |
|
Transportation and warehousing |
1,341 manat manat ($788.8) |
1,359 manat ($7994) |
1,315 manat ($773.5) |
|
Tourist accommodation and catering |
732 manat manat ($430.59) |
1,484 manat ($872.6) |
701.7 manat ($412.7) |
|
Information and Communication |
1,639 manat manat ($964) |
1,373 manat ($807.6) |
1,845 manat ($1,085) |
|
Financial and insurance activities |
2,289 manat manat ($1,345) |
2,665 manat ($1,567) |
2,241 manat ($1,318) |
|
Real estate transactions |
936.9 manat manat ($551) |
988.5 manat ($581.4) |
917.5 manat ($539.7) |
|
Professional, scientific, and technical activities |
1,538 manat manat ($904.7) |
972.8 manat ($572) |
2,079 manat ($1,222) |
|
Provision of administrative and support services |
600 manat manat ($352.9) |
549 manat ($322.9) |
732 manat ($430.59) |
|
Public administration and defense; social security |
1,254 manat manat ($737.6) |
1,293 manat ($760.59) |
458.6 manat ($269.7) |
|
Education |
742.2 manat manat ($436.59) |
734.4 manat ($432) |
903.5 manat ($531.4) |
|
Provision of medical and social services to the population |
820.4 manat manat ($482.59) |
842.4 manat ($495.5) |
716.4 manat ($421.4) |
|
Activities in the fields of recreation, entertainment, and art |
708.8 manat manat ($416.9) |
668.2 manat ($393) |
1,080 manat ($635) |
|
Provision of services in other areas |
1,074 manat manat ($631.7) |
1,388 manat manat ($816.4) |
983.1 manat ($578) |
To note, the average monthly nominal salary of hired workers in Azerbaijan in 2023 increased by 11.2 percent compared to the same period last year and amounted to 933.8 manat ($549.29).