Average monthly salary up nearly 12% in Azerbaijan

As of July 1, 2023, the number of hired workers in Azerbaijan's economy reached 1,725,500 people (+5,500 people or 0.3%), with 894,200 employed in the public sector and 831,300 in the private sector, Report informs, citing the State Statistical Committee.

Among the hired workers, 19.% occupied positions in education, 18.8% in trade, repair of transport vehicles, 13% in the industrial sector, 8.4% in medical and social services provided to the population, 6.3% in construction, 6.5% in state management and defense; social security, 4.2% in transport and storage, 3.6% in agriculture, forestry, and fishery, 3.6% in professional, scientific, and technical activity, 2.1% in finance and insurance, and 14.5% in other economic spheres.

In the months of January-June of this year, the average monthly nominal salary of hired workers in the economy of Azerbaijan increased by 11.5% compared to the same period last year and amounted to 921.9 manats ($542.29).