Population’s income
According to the Azerbaijani State Statistics Committee, the nominal income of the population totaled 31.77 billion manat in January-August 2017, which is by 7.5 percent more compared to January-August 2016.
Thus, during the reporting period, the nominal income of the population per capita increased by 6.5 percent and reached 3269,1 manat.
Major indices, characterizing income of the population
|
Indices |
Jan.-Aug. 2017 |
Compared to Jan.-Aug. 2016, % |
|
nominal income of population, in mln manat |
31,770.8 |
107.6 |
|
Income per capita, manat |
3,269.1 |
106.5 |
|
Income of population, in mln manat |
29,046.0 |
107.4 |
|
Income per capita, manat |
2,988.8 |
106.3 |
Source: State Statistics Committee
The population’s income after paying all required fees and membership fees made up 25.37 billion manat in January-August 2017, which is by 7.5 percent more than in January-August 2016.
Some 85.9 percent of the population's income was spent on consumer spending, 8.4 percent -on taxes, social insurance and voluntary membership fees, 1.9 percent - on interest on a loan and 3.8 percent - on fees.
Salary
The salary is one of the key social and economic indicators, which sufficiently enough characterizes the level of the prosperity of the working part of the population.
According to the Azerbaijani State Statistics Committee, the average monthly salary in Azerbaijan in January-July 2017 increased by 6.9 percent from year to year and reached 523.1 manat.
Remuneration in the oil sector reached 3030,4 manat for the month, the non-oil sector – 464.3 manat, the public sector –390.5 manat, the private sector – 709.1 manat as of August 1, 2017.
The highest salary was observed in the mining industry, financial, information and communication, scientific and technical activity, as well as the construction sectors.
Labor market
As of September 1, 2017, some 36,700 people were officially registered as unemployed in Azerbaijan, including 37.2 percent women, the Azerbaijani State Statistics Committee’s report said.
According to the report, the number of unemployed increased by 6.7 percent in the country compared to the same period of 2016.
The average monthly unemployment benefit is 251.7 manat in Azerbaijan in January-August 2017.
Distribution of unemployed individuals and those who receive unemployment benefit in towns and regions as of September 1, 2017 (people):
|
Economic regions: |
Individuals with unemployed status |
Individuals receiving unemployment benefits |
|
Baku |
17,280 |
2,468 |
|
Absheron region |
1,811 |
425 |
|
Ganja-Gazakh |
2,652 |
631 |
|
Sheki-Zaqatala |
1,145 |
331 |
|
Lankaran |
1,096 |
198 |
|
Guba-Khachmaz |
1,360 |
260 |
|
Aran |
7,795 |
1,038 |
|
Upper-Karabakh |
1,558 |
189 |
|
Kalbajar-Lachin |
1,374 |
206 |
|
Mountain Shirvan |
645 |
131 |
|
Nakhchivan |
- |
- |
As of early September 2017, the economically active population reached almost 5.06 million people.
As of August 1, 2017, the number of hired employees reached almost 1.53 million people, including 879,000 people worked in the state sector, and 645,900 people - in private sector.
Some 34,200 people work in the oil sector, while over 1.49 million people in the non-oil sector.
Around 23.2 percent fall to the hired employees involved in the production spheres: 7.3 percent in construction, 6.7 percent in processing industry, 3.2 percent in agriculture, forestry and fishing, 2.2 percent - in the mining industry, 2.1 percent - water supply, waste recycling, 1.7 percent - in the production and distribution of electricity, gas and steam, 21.7 percent in education, 19 percent - trade, repair of vehicles, 8.6 percent - medical and social services, 7.1 percent in state governance and defense, social maintenance, 4.7 percent - transportation and warehousing, 3.6 percent - recreation, entertainment and arts, 3.5 percent – professional, scientific and technical activities, 1.6 percent - communication and information, 1.6 percent - financial and insurance activities, 1.3 percent - real estate transactions, 1.6 percent - administrative and additional services, 1.5 percent – tourist accommodation and catering and 1 percent - other areas.
