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Social sector in Azerbaijan (january-june 2017)

Analysis Materials 16 August 2017 11:03 (UTC +04:00)

Population’s income

According to the Azerbaijani State Statistics Committee, the nominal income of the population totaled 23.5 billion manat in January-June 2017, which is by 7.3 percent more compared to January-June 2016.

Thus, during the reporting period, the nominal income of the population per capita increased by 6.2 percent and reached 2422,9 manat.

Major indices, characterizing income of the population

Indices

Jan.-June 2017

Compared to Jan.-June 2016, %

nominal income of population, in mln manat

23526,7

107,3

Income per capita, manat

2422,9

106,2

Income of population, in mln manat

21526,8

107,2

Income per capita, manat

2217,0

106,1

Source: State Statistics Committee

The population’s income after paying all required fees and membership fees made up 21.5 billion manat in January-June 2017, which is by 7.2 percent more than in January-June 2016.

Some 86.3 percent of the population's income was spent on consumer spending, 8.5 percent -on taxes, social insurance and voluntary membership fees, 1.9 percent - on interest on a loan and 3.3 percent - on fees.

Salary

The salary is one of the key social and economic indicators, which sufficiently enough characterizes the level of the prosperity of the working part of the population.

According to the Azerbaijani State Statistics Committee, the average monthly salary in Azerbaijan in January-June 2017 increased by 6.9 percent from year to year and reached 522 manat.

Remuneration in the oil sector reached 3083,4 manat for the month, the non-oil sector – 459.8 manat, the public sector –387.9 manat, the private sector – 710.4 manat as of June 1, 2017.

The highest salary was observed in the mining industry, financial, information and communication, scientific and technical activity, as well as the construction sectors.

The construction sector plays an important role in the labor market. According to the official statistics, the salary of those working in the construction sector amounted to 821.4 manat in January-June 2017.

Labor market

As of July 1, 2017, some 36,300 people were officially registered as unemployed in Azerbaijan, including 37.3 percent women, the Azerbaijani State Statistics Committee’s report said.

According to the report, the number of unemployed increased by 5.2 percent in the country compared to the same period of 2016.

The average monthly unemployment benefit is 258.3 manat in Azerbaijan in January-June 2017.

Distribution of unemployed individuals and those who receive unemployment benefit in towns and regions as of July 1, 2017 (people):

Economic regions:

Individuals with unemployed status

Individuals receiving unemployment benefits

Baku

16 945

3 071

Absheron region

1 897

713

Ganja-Gazakh

2 571

659

Sheki-Zaqatala

1 123

377

Lankaran

1 075

214

Guba-Khachmaz

1 340

322

Aran

7 764

1 101

Upper-Karabakh

1 569

244

Kalbajar-Lachin

1 358

254

Mountain Shirvan

672

148

Nakhchivan

-

-

As of early June 2017, the economically active population reached 5.04 million people.

As of June 2017, the number of hired employees reached 1.53 million people, including 886,400 people worked in the state sector, and 638,800 people - in private sector.

Some 34,100 people work in the oil sector, while over 1.49 million people in the non-oil sector.

Around 22.8 percent fall to the hired employees involved in the production spheres: 7.1 percent in construction, 6.6 percent in processing industry, 3.1 percent in agriculture, forestry and fishing, 2.2 percent - in the mining industry, 2.1 percent - water supply, waste recycling, 1.7 percent - in the production and distribution of electricity, gas and steam, 21.9 percent in education, 19 percent - trade, repair of vehicles, 8.6 percent - medical and social services, 7.1 percent in state governance and defense, social maintenance, 4.7 percent - transportation and warehousing, 3.8 percent - recreation, entertainment and arts, 3.5 percent – professional, scientific and technical activities, 1.6 percent - communication and information, 1.6 percent - financial and insurance activities, 1.3 percent - real estate transactions, 1.6 percent - administrative and additional services, 1.5 percent – tourist accommodation and catering and 1 percent - other areas.

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