BAKU, Azerbaijan, December 18. The average monthly nominal salary of wage earners in Azerbaijan increased by 7.8 percent from January through October 2024 compared to the same period last year and amounted to 993.2 manat ($584.2).
Data obtained by Trend from the State Statistics Committee of Azerbaijan indicates that wages in the oil and gas sector amounted to 3,706 manat ($2,179), and in the non-oil and gas sector - 943.3 manat ($554.8). Salaries of employees of state enterprises amounted to 953.3 manat ($560.7) and for private enterprises - 1,042 manat ($612.9).
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 October 2024 (in manat).
|
Types of economic activity |
Total |
Includes |
|
|
Public sector |
Private sector |
||
|
In the whole country |
993.2 manat ($584.2) |
953.3 manat ($560.7) |
1,034 manat ($608.2) |
|
Agriculture, forestry, and fisheries |
572 manat ($336.4) |
541.1 manat ($318.2) |
594.7 manat ($349.8) |
|
Mining industry |
3,534 manat ($2,078) |
2,257 manat ($1,327) |
4,203 manat ($2,472) |
|
Manufacturing industry |
896.8 manat ($527.5) |
1,267 manat ($745.2) |
843.3 manat ($496) |
|
Production, distribution, and supply of electricity, gas, and steam |
1,084 manat ($637.6) |
1,074 manat ($631.7) |
1,611 manat ($947.6) |
|
Water supply, waste treatment, and recycling |
722 manat ($424.7) |
667.4 manat ($392.5) |
1,191 manat ($700.5) |
|
Construction |
1,075 manat ($632.3) |
1,035 manat ($608.8) |
1,086 manat ($638.8) |
|
Trade; repair of vehicles |
673.2 manat ($396) |
956.9 manat ($562.8) |
670.6 manat ($394.4) |
|
Transportation and warehousing |
1,366 manat ($803.5) |
1,459 manat ($858.2) |
1,245 manat ($732.3) |
|
Tourist accommodation and catering |
744.3 manat ($437.8) |
1,749 manat ($1,028) |
708.4 manat ($416.7) |
|
Information and communications |
1,663 manat ($978.2) |
1,465 manat ($861.7) |
1,806 manat ($1,062) |
|
Financial and insurance activities |
2,698 manat ($1,587) |
3,275 manat ($1,926) |
2,562 manat ($1,507) |
|
Real estate transactions |
1,057 manat ($621.7) |
1,181 manat ($694.7) |
1,011 manat ($594.7) |
|
Professional, scientific, and technical activities |
1,672 manat ($983.5) |
1,125 manat ($661.7) |
2,155 manat ($1,267) |
|
Provision of administrative and support services |
607.1 manat ($357.1) |
535.6 manat ($315) |
768.2 manat ($451.8) |
|
Public administration and defense; social security |
1,373 manat ($807.6) |
1,416 manat ($832.9) |
489.3 manat ($287.8) |
|
Education |
746.4 manat ($439) |
737.8 manat ($434) |
912.4 manat ($536.7) |
|
Provision of medical and social services to the population |
845.5 manat ($497.3) |
876.5 manat ($515.5) |
712 manat ($418.8) |
|
Activities in the fields of recreation, entertainment, and art |
739.7 manat ($435.1) |
689.4 manat ($405.5) |
1,151 manat ($677) |
|
Provision of services in other areas |
1,237 manat ($727.6) |
1,760 manat ($1,035) |
1,096 manat ($644.7) |
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).