BAKU, Azerbaijan, April 9. Under conditions of a rising number of employees and growing wage funds, mandatory state social insurance contributions in Azerbaijan exceeded 1.47 billion manat ($864.7 million) from January through February 2025.
Data obtained by Trend from the State Tax Service indicates that the total contributions from this source increased by over 11.7 percent, or 154.4 million manat ($90.8 million), compared to the same period of the previous year. Contributions from non-budgetary organizations grew by 13.6 percent, reaching over 963.5 million manat ($566.7 million).
Unemployment insurance contributions also saw a considerable rise, increasing by 14 percent compared to the same period last year, amounting to 52.3 million manat ($30.7 million). Contributions from non-budgetary organizations in this category grew by 14 percent as well, approaching 39.5 million manat ($23.2 million).
Additionally, contributions to mandatory health insurance grew by 11.8 percent compared to 2024, surpassing 260 million manat ($152.9 million). Contributions from non-budgetary organizations in this area also increased by 9.7 percent, reaching nearly 180.9 million manat ($106.4 million).
