BAKU, Azerbaijan, April 15. According to preliminary data, the nominal income of Azerbaijan's population from January through March 2024 increased by 5.01 percent, or 925.2 million manat ($543.8 million), compared to the same period in 2023 and reached 19.4 billion manat ($11.4 billion), Trend reports.
Based on the data of the State Statistics Committee of Azerbaijan, per capita income grew by 4.46 percent, or 81.4 manat ($47.8), in the mentioned period. The indicator of the growth of the population's income after payment of all mandatory and voluntary contributions amounted to 4.75 percent, or 775.6 million manat ($455.9 million), compared to the same period in 2023. Meanwhile, per capita income grew by 4.21 percent, or 67.8 manat ($39.8).
|
January-March 2024 |
January-March 2023 |
Year-on-year growth (percent) |
|
|
Nominal income of the population (in manat) |
19,408,100,000 ($11.4 billion) |
18,482,900,000 ($10.8 billion) |
5 |
|
Per capita income (in manat) |
1,905 ($1,119) |
1,824 ($1,072) |
4,5 |
|
Income left at the disposal of the population (in manat) |
17,087,000,000 ($9.9 billion) |
16,311,400,000 ($9.5 billion) |
4,8 |
|
Per capita income (in manat) |
1,677 ($985.8) |
1,609 ($945.9) |
4,2 |
Meanwhile, the nominal incomes of Azerbaijan's population in 2023 increased by 12.85 percent, or 8.8 billion manat ($5.1 billion), compared to 2022 and reached 78 billion manat ($45.8 billion).
To note, per capita income grew by 12.2 percent, or 835.9 manat ($491.4) in the mentioned period. The growth rate of personal income after payment of all mandatory and voluntary contributions amounted to 12.83 percent, or 7.8 billion manat ($4.5 billion), compared to the same period in 2022. At the same time, per capita income grew by 12.19 percent, or 741.8 manat ($436.1).
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