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Nominal wages of employees in Azerbaijan up

Economy Materials 14 July 2023 04:00 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, July 13. The average monthly nominal wages of employees from January through May 2023 increased by 11.1 percent and amounted to 916.8 manat ($539.2) compared to the same period last year in Azerbaijan, Trend reports.

According to the State Statistics Committee of Azerbaijan, the wages in the oil and gas sector amounted to 3,655 manat ($2,150), while in the non-oil and gas sector - 864.2 manat ($508.3). The wages of employees of state-owned enterprises amounted to 871.2 manat ($512.4), and private enterprises - 967.4 manat ($569).

The highest wage is recorded among workers in the mining sector, insurance and finance, information, communications, as well as in the field of scientific and technical activities.

Average monthly nominal wage by type of economic activity from January through May 2023 (in manat):

Economic activities

In total

Including

Public sector

Private sector

In the whole country

916.8 ($539.2)

871.2 ($512.4)

967.4 ($569.06)

Agriculture, forestry and fishing

536.7 ($315.7)

525.6 ($309.1)

544.4 ($320.2)

Mining industry

3, 501.2 ($2,059.4)

2,169.7 ($1,276.2)

4,219.4 ($2,482)

Manufacturing industry

828.2 ($487.1)

1,107.3 ($651.3)

785.3 ($461.9)

Production, distribution and supply of electricity, gas and steam

931.4 ($547.8)

930.1 ($547.1)

996.8 ($586.3)

Water supply, waste treatment and recycling

688 ($404.7)

639.2 ($376)

1,183.5 ($696.1)

Construction

1,033.5 ($607.9)

926.5 ($545)

1,066.1 ($627.1)

Trade; vehicle repair

615 ($361.7)

806.8 ($474.5)

613.7 ($361)

Transport and storage facilities

1,218.9 ($)

1,272.2 ($)

1,144.5 ($)

Tourist accommodation and catering services

715.4 ($420.8)

1,390.8 ($818.1)

683 ($401.7)

Information and communication

1,512.2 ($889.5)

1,265.1 ($744.1)

1,707.4 ($1,004.3)

Financial and insurance activities

2,503.2 ($1,472.4)

2,757.8 ($1,622.2)

2,440.6 ($1,435.6)

Operations with real estate

880.5 ($517.9)

967.4 ($569.06)

844.3 ($496.6)

Professional, scientific and technical activities

1,550.3 ($911.9)

997.6 ($586.8)

2,118.3 ($1,246)

Provision of administrative and support services

551.1 ($324.1)

501.2 ($294.8)

696.9 ($409.9)

Public administration and defense; social security

1,283.8 ($755.1)

1,325.2 ($779.5)

447 ($262.9)

Education

696.2 ($409.5)

689.6 ($405.6)

847.2 ($498.3)

Provision of health and social services to the population

790.2 ($464.8)

813 ($478.2)

679.5 ($399.7)

Recreational, entertainment and artistic activities

728.4 ($428.4)

665.7 ($391.5)

1,325.2 ($779.5)

Provision of other services

1,051 ($618.2)

1,679.9 ($988.1)

916.1 ($538.8)

The average monthly nominal wage of employees increased by 14.7 percent and amounted to 839.4 manat ($493.7) in 2022 compared to the same period last year in Azerbaijan.

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