Nominal income of Azerbaijani population increases - annual report

Finance Materials 18 August 2021 14:25 (UTC +04:00)

BAKU, Azerbaijan, Aug. 18

By Zeyni Jafarov - Trend:

The nominal income of the population of Azerbaijan increased by 0.6 percent from January through July 2021, compared to the same period of 2020, amounting to 32.3 billion manat ($19 billion), Trend reports citing the report of the State Statistical Committee.

During the specified period, nominal income per capita increased by 0.2 percent - up to 3,228.4 manat ($1,899).

At the same time, the nominal volume of GDP amounted to over 47.2 billion manat ($27.7 billion), having grown by 2.7 percent on annual basis, said the report.

During the reporting period, GDP in the non-oil sector reached 30.1 billion manat ($17.7 billion), which is 5.3 percent more compared to the same period of last year.

As reported, GDP per capita amounted to 4,720.8 manat ($2,777), an increase of 2.2 percent over the year.

The income of the population after payment of all mandatory and voluntary payments amounted to 29 billion manat ($17 billion), almost unchanged over the year.


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