BAKU, Azerbaijan, July 15. The nominal income of Azerbaijan's population from January through June 2024 increased by 5.28 percent, or 2 billion manat ($1.1 billion), compared to the same period in 2023 and reached 39.8 billion manat ($23.4 billion) according to preliminary data, Trend reports.
The data of the State Statistics Committee of Azerbaijan indicate that per capita income grew by 4.75 percent, or 177.6 manat ($104.4), during the mentioned period. The indicator of growth of the population's income after payment of all mandatory and voluntary contributions amounted to 5.1 percent, or 1.7 billion manat ($1 billion), compared to the same period in 2023. Meanwhile, per capita income grew by 4.57 percent, or 150.6 manat ($88.5).
|
from January through June 2024 |
from January through June 2023 |
Year-on-year growth (percent) |
|
|
Nominal income of the population (in manat) |
39.8 billion manat ($23.4 billion) |
37.8 billion manat ($22.2 billion) |
5,3 |
|
Per capita income (in manat) |
3,913 manat ($2,301) |
3,735 manat ($2,197) |
4,8 |
|
Income left at the disposal of the population (in manat) |
35.1 billion manat ($20.6 billion) |
33.4 billion manat ($19.6 billion) |
5,1 |
|
Per capita income (in manat) |
3,446 manat ($2,027) |
3,295 manat ($1,938) |
4,6 |
To note, the nominal incomes of the population of Azerbaijan in 2023 increased by 12.85 percent, or 8.8 billion manat ($5.1 billion), compared to 2022 and reached 78 billion manat.
The per capita income grew by 12.2 percent, or 835.9 manat ($491.7) in the mentioned period. The growth rate of personal income after payment of all mandatory and voluntary contributions amounted to 12.83 percent, or 7.8 billion manat ($4.5 billion), compared to the same period in 2022. Meanwhile, per capita income grew by 12.19 percent, or 741.8 manat ($436.3).
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