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Azerbaijan's Nakhchivan records rise in average monthly salary

Finance Materials 11 September 2020 13:23 (UTC +04:00)
Azerbaijan's Nakhchivan records rise in average monthly salary

BAKU, Azerbaijan, Sept.11

By Fidan Babayeva - Trend:

The average monthly salary per employee in Azerbaijan’s Nakhchivan Autonomous Republic (AR) reached 527.6 manats ($310.3) from January through August 2020, Trend reports on Sept.11 referring to a report of the State Statistics Committee of the Nakhchivan AR.

According to the data, the growth amounted to 16.1 percent compared to the previous indicator.

Some 661.4 million manats ($389 million) were allocated in fixed assets of the Nakhchivan Autonomous Republic over the past 8 months of 2020, which is 1.1 percent more than in the same period of 2019.

The average monthly salary per employee in the republic from January through August last year made up 454.5 manats or $267.3.

As earlier reported, in the 1st quarter of 2020 the average monthly salary per employee in Azerbaijan’s Nakhchivan Autonomous Republic amounted to 520 manats ($305).

(1 USD = 1.7 AZN on Sept.11)

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