Population's income
According to the Azerbaijani State Statistics Committee, the nominal income of the population totaled 3.88 billion manat in January 2018, which is by 11.7 percent more compared to January 2017.
Thus, during the reporting period, the nominal income of the population per capita increased by 10.7 percent and reached 396.9 manat for the reporting period.
Major indices, characterizing income of the population
|
Indices |
Jan. 2018 |
Compared to Jan. 2017, % |
|
Nominal income of population, in mln manat |
3,882.3 |
111.7 |
|
Income per capita, manat |
396.9 |
110.7 |
|
Income of population, in mln manat |
3,576.4 |
112.4 |
|
Income per capita, manat |
365.6 |
111.3 |
Source: State Statistics Committee
The income remaining at the disposal of the population amounted to 3.58 billion manat in January 2018, having increased by 12.4 percent compared to January 2017.
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 2018 increased by 5.7 percent from year to year and reached 528.2 manat.
Remuneration in the oil sector reached 3,079.2 manat for the month, the non-oil sector - 468.3 manat, the public sector -396.9 manat, the private sector - 710.4 manat as of January 1, 2018.
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 February 1, 2018, some 38,000 people were officially registered as unemployed in Azerbaijan, including 36.5 percent women, the Azerbaijani State Statistics Committee's report said.
According to the report, the number of unemployed increased by 11.1 percent in the country in January 2018 compared to January 2017.
The average monthly unemployment benefit is 331 manat in Azerbaijan in January 2018, which is by 22.6 percent more than in January 2017.
Distribution of unemployed individuals and those who receive unemployment benefit in towns and regions as of February 1, 2018 (people):
|
Individuals with unemployed status |
Individuals receiving unemployment benefits |
|
|
Baku |
18,856 |
3,404 |
|
Absheron region |
2,006 |
491 |
|
Ganja-Gazakh |
2,592 |
564 |
|
Sheki-Zaqatala |
1,141 |
235 |
|
Lankaran |
1,192 |
186 |
|
Guba-Khachmaz |
1,358 |
187 |
|
Aran |
7,241 |
929 |
|
Upper-Karabakh |
1,550 |
199 |
|
Kalbajar-Lachin |
1,350 |
242 |
|
Mountain Shirvan |
682 |
135 |
|
Nakhchivan |
- |
- |
|
Total |
37,968 |
6,572 |
As of early February 2018, the economically active population exceeded 5.07 million people.
As of January 1, 2018, the number of hired employees exceeded 1.52 million people, including 880,100 people worked in the state sector and 641,200 people - in private sector.
Some 33,900 people work in the oil sector, while over 1.49 million people in the non-oil sector.
Around 22.7 percent fall to the hired employees involved in the production spheres: 6.6 percent in construction, 6.9 percent in processing industry, 3.2 percent in agriculture, forestry and fishing, 2.2 percent - in the mining industry, 2 percent - water supply, waste recycling, 1.8 percent - in the production and distribution of electricity, gas and steam, 21.9 percent in education, 19.2 percent - trade, repair of vehicles, 8.6 percent - medical and social services, 7.1 percent in state governance and defense, social maintenance, 4.6 percent - transportation and warehousing, 3.6 percent - recreation, entertainment and arts, 3.4 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, 1.8 percent - administrative and additional services, 1.5 percent - tourist accommodation and catering and 1.1 percent - other areas.
