Azerbaijan posts increase in average monthly salary in ICT sector

The average monthly nominal salary in Azerbaijan’s information and communication technology (ICT) sector reached 1,711 manats ($1,006) in the first half of 2024, showing a 13.5% increase year-on-year, Report informs, citing the country’s State Statistical Committee.

According to the obtained data, the average salary in the public sector was 1,484 manats (around $873), while in the private sector it was 1,876 manats ($1,103). This marks a 16.2% rise in the public sector and an 11.4% rise in the private sector, respectively.

As of July 1, 2024, the ICT sector in Azerbaijan employed 34,000 workers, which is a 4.3% increase from the previous year.