...

Average monthly salary in Baku in 2020 grows

Finance Materials 5 March 2021 11:02 (UTC +04:00)
Average monthly salary in Baku in 2020 grows

BAKU, Azerbaijan, Mar.5

By Fidan Babayeva - Trend:

The average monthly nominal wage of employees in Azerbaijan’s Baku city increased by 6.9 percent in 2020 compared to 2019 and amounted to 927.2 manat ($545.4), Trend reports citing the Baku City Statistics Department.

The average monthly nominal wage in Baku reached 703.5 manat ($413.8) from January through November 2020, increasing by 12.9 percent compared to the same period of 2019.

As a result of comprehensive social reforms carried out on the basis of the relevant instructions of the president of Azerbaijan, the minimum wage in the country increased to 250 manat ($147), which greatly affected the salaries of civil servants, employees of a number of budgetary institutions, enterprises and organizations, and state oil companies.

(1 USD = 1.7 AZN on Mar.5)

---

Follow the author on Twitter: @Fidan_Babaeva

Tags:
Latest

Latest