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Average monthly nominal wage in Azerbaijan up in 8 months of 2019

Business Materials 17 October 2019 17:44 (UTC +04:00)

Baku, Azerbaijan, Oct. 17

By Kamala Mammadli - Trend:

As of Sept. 1, 2019, the number of hired employees in the economy of Azerbaijan exceeded 1.611 million, showing an increase of 4.6 percent compared to the same period last year, Trend reports referring to the State Statistical Committee of Azerbaijan.

Some 899,000 of the hired employees were employed in the public sector, and 712,100 in the private sector.

Of the total number of employees, 20.4 percent were employed in education sector, 18 percent in trade, 13.3 percent in industry, 8.3 percent in health and social services, 4.6 percent in transport and storage, 6.9 percent in state administration and defense, and 7.5 percent in construction.

Furthermore, 3.4 percent of workers are engaged in professional, scientific, and technical activities, 3.3 percent in agriculture, forestry, and fisheries, 1.7 percent in finance and insurance, and 12.6 percent in other sectors of the economy.

From January to late August 2019, the average monthly nominal wage in the country increased by 8.9 percent compared to the same period of 2018 and amounted to 589.3 manats.

The average monthly nominal wage was higher in the areas of mining, finance and insurance, professional, scientific, technical, information and communication activities, the construction sector, as well as in the field of transport and warehousing.

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Follow the author on Twitter: @kamala_mammadli

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