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Nominal incomes of Azerbaijani population increase

Finance Materials 18 May 2022 12:05 (UTC +04:00)
Nominal incomes of Azerbaijani population increase
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, May 18. According to preliminary data, nominal incomes of the Azerbaijani population increased by 19.5 percent, or 3.34 billion manat ($1.96 billion) from January through April 2022 compared to the same period last year, Trend reports with reference to State Statistics Committee.

The income per capita in Azerbaijan increased by 19.07 percent, or 326.3 manat ($191.9) during the specified period.

The growth rate of the population’s income after the payment of all mandatory and voluntary payments amounted to 19.7 percent, or 2.9 billion manat ($1.7 billion) during the specified period compared from January through April 2021.

At the same time, per capita income increased by 19.3 percent, or 292.6 manat ($172.1).

January through April 2022

January through April 2022

2022/2021

Nominal incomes of the population

20.4 billion manat ($12 billion)

17.1 billion manat ($10.05 billion)

119.5 percent

Per capita income

2,037 manat ($1198)

1,711 manat ($1006)

119.07 percent

Incomes remaining at the disposal of the population

18.1 billion manat ($10.6 billion)

15.1 billion manat ($8.8 billion)

119.7 percent

Per capita income

1,805 manat ($1,061)

1 513 manat ($890)

119.3 percent

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