BAKU, Azerbaijan, November 23. According to preliminary data, the nominal incomes of the Azerbaijani population increased by 13.2 percent, or 7.4 billion manat ($4.3 billion), and reached 64.3 billion manat ($37.8 billion) from January through October 2023 year-on-year, Trend reports.
The data of the State Statistics Committee of Azerbaijan shows that per capita income increased by 12.49 percent, or 703.8 manat ($414), during the specified period.
Year on year, the indicator of population income increase after payment of all statutory and voluntary contributions was 13.17 percent, or 6.6 billion manat ($3.8 billion). Furthermore, per capita income climbed by 12.5 percent, or 624.5 manat ($367.3).
|
From January through October 2023 |
From January through October 2022 |
Year-on-year growth (%) |
|
|
Nominal incomes of the population |
64.3 billion manat ($37.8 billion) |
56.8 billion manat ($33.4 billion) |
13.2 |
|
Per capita income |
6,338 manat ($3,728) |
5,635 manat ($3,314) |
12.5 |
|
Income remaining at the disposal of the population |
57 billion manat ($33.5 billion) |
50.4 billion manat ($29.6 billion) |
13.2 |
|
Per capita income |
5,621 manat ($3,306) |
4,996 manat ($2,938) |
12.5 |
The nominal income of the Azerbaijani population in 2022 increased by 20.5 percent, or 11.7 billion manat ($6.9 billion), compared to 2021 and reached 68.9 billion manat ($40.5 billion). During this period, per capita incomes in Azerbaijan increased by 19.9 percent, or 1 134.4 manat ($667.2).