BAKU, Azerbaijan, July 15. The average monthly nominal salary of salaried employees in Azerbaijan from January through May 2024 increased by 9.4 percent compared to the same period last year and amounted to 1,003 manat ($590), Trend reports.
According to the State Statistics Committee of Azerbaijan, wages in the oil and gas sector amounted to 3,901 manat ($2,294), and in the non-oil and gas sector, 948.7 manat ($558). Salaries of employees of state enterprises amounted to 945 manat ($555.8), and for private enterprises, 1,066 manat ($627).
The department data indicate that the highest wages were recorded for workers in mining, insurance and finance, information, and communications, as well as in the field of scientific and technical activities.
Average monthly nominal wages by types of economic activities from January through May 2024 (in manat).
|
Types of economic activity |
Total |
Including |
|
|
State sector |
Private sector |
||
|
In the country as a whole |
1,003 manat ($590) |
945 manat ($555.8) |
1,066 manat ($627) |
|
Agriculture, forestry, and fisheries |
563.3 manat ($331.3) |
538.9 manat ($317) |
582 manat ($342.3) |
|
Mining industry |
3,759 manat ($2,211) |
2,262 manat ($1,330) |
4,555 manat ($2,679) |
|
Manufacturing industry |
901.3 manat ($530.1) |
1,269 manat ($746.4) |
845 manat ($497) |
|
Production, distribution, and supply of electricity, gas, and steam |
1,058 manat ($622.3) |
1,050 manat ($617.6) |
1,522 manat ($895.3) |
|
Water supply, waste treatment, and recycling |
714.2 manat ($420.1) |
659.3 manat ($387.8) |
1,213 manat ($713.5) |
|
Construction |
1,071 manat ($630) |
994.7 manat ($585.1) |
1,093 manat ($642.9) |
|
Trade; repair of vehicles |
670.7 manat ($394.5) |
916 manat ($538.8) |
668.7 manat ($393.3) |
|
Transportation and warehousing |
1,355 manat ($797) |
1,415 manat ($832.3) |
1,277 manat ($751.2) |
|
Tourist accommodation and catering |
747.7 manat ($439.8) |
1,759 manat ($1,034) |
710.3 manat ($417.8) |
|
Information and communications |
1,723 manat ($1,013) |
1,461 manat ($859.4) |
1,917 manat ($1,127) |
|
Financial and insurance activities |
2,996 manat ($1,762) |
3,383 manat ($1,990) |
2,901 manat ($1,706) |
|
Real estate transactions |
1,109 manat ($652.3) |
1,221 manat ($718.2) |
1,066 manat ($627) |
|
Professional, scientific, and technical activities |
1,720 manat ($1,011) |
1,088 manat ($640) |
2,291 manat ($1,347) |
|
Provision of administrative and support services |
602.8 manat ($354.5) |
540.5 manat ($317.9) |
755.7 manat ($444.5) |
|
Public administration and defense; social security |
1,365 manat ($802.9) |
1,408 manat ($828.2) |
474.4 manat ($279) |
|
Education |
744.1 manat ($437.7) |
736.3 manat ($433.1) |
893.8 manat ($525.7) |
|
Provision of medical and social services to the population |
844.7 manat ($496.8) |
874.9 manat ($514.6) |
709.1 manat ($417.1) |
|
Activities in the fields of recreation, entertainment, and art |
732 manat ($430.6) |
689 manat ($405.3) |
1,103 manat ($648.8) |
|
Provision of services in other areas |
1,169 manat ($687.6) |
1,680 manat ($988.2) |
1,024 manat ($602.3) |
To note, the average monthly nominal wage of salaried employees in Azerbaijan in 2023 increased by 11.2 percent compared to the same period in 2022 and amounted to 933.8 manat ($549.3).
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