BAKU, Azerbaijan, August 14. Salary workers in Azerbaijan earned an average of 1,002 manat ($589) per month in nominal wages from January to June of 2024, a rise of 8.8 percent over the first half of the previous year, Trend reports.
Data from the nation's State Statistics Committee shows that wages in the oil and gas sector amounted to 3,845 manat ($2,261), and in the non-oil and gas sector, 949.5 manat ($558).
Salaries of employees of public enterprises amounted to 954.7 manat ($561.59), and for private enterprises, 1,054 manat ($620).
The committee's data also 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 June 2024
|
Types of economic activity |
Total |
Including |
|
|
Public sector |
Private sector |
||
|
In the country as a whole |
1,002 manat ($589) |
954.7 manat ($561.59) |
1,054 manat ($620) |
|
Agriculture, forestry, and fisheries |
563.8 manat ($331.6) |
536.1 manat ($315.3) |
584.7 manat ($343.9) |
|
Mining industry |
3,702 manat ($2,177) |
2,262 manat ($1,330) |
4,555 manat ($2,679) |
|
Processing industry |
897.2 manat ($527.7) |
1,265 manat ($744) |
841.7 manat ($495) |
|
Production, distribution, and supply of electricity, gas, and steam |
1,065 manat ($626.4) |
1,055 manat ($620.6) |
1,557 manat ($915.9) |
|
Water supply, waste treatment, and recycling |
718.1 manat ($422.4) |
664.2 manat ($390.7) |
1,184 manat ($696.4) |
|
Construction |
1,066 manat ($627) |
1,002 manat ($589) |
1,083 manat ($637) |
|
Trade; repair of vehicles |
668.9 manat ($393.4) |
945.7 manat ($556.3) |
666.6 manat ($392) |
|
Transportation and warehousing |
1,359 manat ($799) |
1,430 manat ($841) |
1,266 manat ($744.7) |
|
Tourist accommodation and catering |
747.9 manat ($439.9) |
1,791 manat ($1,053) |
710.3 manat ($417.8) |
|
Information and communications |
1,710 manat ($1,005) |
1,483 manat ($872) |
1,875 manat ($1,102) |
|
Financial and insurance activities |
2,878 manat ($1,692) |
3,332 manat ($1,960) |
2,768 manat ($1, 628) |
|
Real estate transactions |
1,112 manat ($654) |
1,264 manat ($743.5) |
1,053 manat ($619) |
|
Professional, scientific, and technical activities |
1,720 manat ($1,011) |
1,116 manat ($656) |
2,259 manat ($1,328) |
|
Provision of administrative and support services |
604.5 manat ($355.6) |
539.7 manat ($317.4) |
760.2 manat ($447) |
|
Public administration and defense; social security |
1,389 manat ($817) |
1,433 manat ($842.9) |
481 manat ($282.9) |
|
Education |
750.8 manat ($441.6) |
742.3 manat ($436.6) |
913.7 manat ($537.4) |
|
Provision of medical and social services to the population |
850.9 manat ($500.5) |
883.1 manat ($519.4) |
709.1 manat ($417.1) |
|
Activities in the fields of recreation, entertainment, and art |
738 manat ($434) |
693.4 manat ($407.9) |
1,118 manat ($657.6) |
|
Provision of services in other areas |
1,221 manat ($718) |
1,841 manat ($1,083) |
1,051 manat ($618.2) |
To note, the average monthly nominal wage of salaried employees in Azerbaijan in 2023 shot up by 11.2 percent compared to the same period in 2022 and hit a whopping 933.8 manat ($549.3).