BAKU, Azerbaijan, September 16. The average nominal wage for employed workers in Azerbaijan rose by 8.3 percent in the first seven months of 2024 compared to the same period last year, reaching 1,002.4 manat ($588).
Data obtained by Trend from the State Statistical Committee of Azerbaijan reveals that wages in the oil and gas sector amounted to 3,782.9 manat (about $2,222), while in the non-oil sector, the average wage was 950.6 manat ($557). Employees in state enterprises earned an average of 958.7 manat ($561), whereas those in private enterprises received 1,048.5 manat ($613).
The highest wages were reported in the mining sector, insurance and finance, information and communication, as well as scientific and technical activities.
Detailed average nominal wages by sector for January-July 2024 (in manat)
|
Total |
Including |
||
|
Public Sector |
Private Sector |
|||
|
In the whole country |
1 002,4 |
958,7 |
1 048,5 |
|
|
Agriculture, forestry, and fisheries |
566 ($332) |
530,7 ($311) |
590,9 ($345) |
|
|
Mining industry |
3 632,2 ($2,134) |
2 262,9 ($1,326) |
4 353,8 ($2,558) |
|
|
Manufacturing industry |
898,3 ($526) |
1 268,6 ($743) |
843,3 ($493) |
|
|
Production, distribution, and supply of electricity, gas, and steam |
1 069,2 ($626) |
1 059,7 ($620) |
1 564,2 ($916) |
|
|
Water supply, waste treatment, and recycling |
723 ($916) |
669,1 ($391) |
1 188 ($692) |
|
|
Construction |
1 069,5 ($626) |
1 008 ($591) |
1 086 ($636) |
|
|
Trade; repair of vehicles |
670 ($391) |
947,1 ($554) |
667,7 ($391) |
|
|
Transportation and warehousing |
1 359,3 ($797) |
1 433,4 ($840) |
1 261,9 ($739) |
|
|
Tourist accommodation and catering |
750,1 ($439) |
1 765,7 ($1,028) |
713,3 ($415) |
|
|
Information and communications |
1 704,3 ($998) |
1 495,6 ($873) |
1 855,4 ($1,082) |
|
|
Financial and insurance activities |
2 826,9 ($1,641) |
3 328,3 ($1,947) |
2 706,4 ($1,583) |
|
|
Real estate transactions |
1 091 ($638) |
1 233,8 ($719) |
1 036,2 ($605) |
|
|
Professional, scientific, and technical activities |
1 718 ($1,004) |
1 132,7 ($661) |
2 241,2 ($1,309) |
|
|
Provision of administrative and support services |
602,8 ($352) |
535 ($312) |
763,6 ($447) |
|
|
Public administration and defense; social security |
1 389,6 ($811) |
1 433,9 ($839) |
481,3 ($281) |
|
|
Education |
757 ($442) |
748,4 ($438) |
924,2 ($541) |
|
|
Provision of medical and social services to the population |
855,4 ($501) |
888,1 ($518) |
711,6 ($415) |
|
|
Activities in the fields of recreation, entertainment, and art |
744,7 ($434) |
700,5 ($410) |
1 116,3 ($651) |
|
|
Provision of services in other areas |
1 213,6 ($708) |
1 776,7 ($1,042) |
1 059,7 ($618) |
|
In 2023, the average nominal wage for employed workers in Azerbaijan increased by 11.2 percent compared to 2022, reaching 933.8 manats ($547).