Azerbaijani population’s income exceeds $37 billion

Business Materials 19 November 2013 16:22 (UTC +04:00)

Baku, Azerbaijan, Nov. 19

By Emin Aliyev - Trend:

The Azerbaijani population's revenues increased by 7.7 per cent and reached 29.1 billion manat for January-October 2013 compared to the same period last year, the State Statistics Committee said today.

According to the report, income per capita in Azerbaijan hit 3130.1 manat per year, or 313 manat per month. The increase in income per capita was 6.4 per cent.

During the reporting period, around 68 per cent of revenues were spent for final consumption, nine per cent - payment of taxes, social insurance contributions and membership fees and 21.3 per cent on an increase of savings and capital.

The population's revenues hit 26.5 billion manat increasing by 7.6 per cent compared to the same period of last year.

The official exchange rate is 0.7844 AZN/USD on Nov. 19.