BAKU, Azerbaijan, October 17. The nominal income of Azerbaijan's population grew by 6.15 percent, or 3.5 billion manat ($2.05 billion), from January through September 2024 compared to the same period of 2023 and reached 61.5 billion manat ($36.1 billion).
The data obtained by Trend from the country's State Statistics Committee shows that per capita income grew by 5.63 percent, or 321.7 manat ($189.2), in the mentioned period. The indicator of the population's income growth after payment of all mandatory and voluntary contributions amounted to 5.87 percent, or 3.01 billion manats ($1.7 billion), compared to the same period of 2023. Meanwhile, per capita income grew by 5.35 percent, or 270.6 manat ($159.1).
|
from January through September 2024 |
from January through September 2023 |
Year-on-year growth (percent) |
|
|
Nominal income of the population (in manats) |
61.5 billion manat ($36.1 billion) |
58.02 billion manat ($34.1 billion) |
6,1 |
|
Per capita income (in manats) |
6,039 manat ($3,552) |
5,717 manat ($3,363) |
5,6 |
|
Income left at the disposal of the population (in manats) |
54.3 billion manat ($31.9 billion) |
51.3 billion manat ($30.1 billion) |
5,9 |
|
Per capita income (in manats) |
5,328 manat ($3,134) |
5,057 manat ($2,974) |
5,4 |
Azerbaijan's nominal income in 2023 increased by 12.85 percent, or 8.8 billion manat ($5.1 billion), compared to 2022 and reached 78.05 billion manat ($45.9 billion).
To note, 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 of 2022. At the same time, per capita income grew by 12.19 percent, or 741.8 manat ($436.3).