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Monthly Salary in Azerbaijan Increased by 17.1%, Employment up by 2.6%

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Madona Gasanova
19.11.20 10:00
637
Monthly nominal salary of employees in Azerbaijan has grown by 17.1% during Jan-Sep 2020, as the y-o-y comparison shows. A positive trend has also been witnessed at the job market, as the number of employees increased by 2.6%.

In January-September 2020 average monthly nominal salary of employees engaged in the country economy compared to the corresponding period of the previous year increased by 17.1 percent and made about US$ 415 (706.6 manats). Average monthly nominal salary in the sphere of mining industry, finance and insurance, professional, scientific and technical activity, information and communication, as well as transportation and storage was higher, the recent data of the State Statistical Committee of the Republic of Azerbaijan reports.

For the state of October 1, 2020 number of employees engaged in the country economy compared to the corresponding period of the previous year increased by 42.5 thousand person or 2.6 percent and made 1681.6 thousand person, 908.0 thousand of them were the employees of the public sector and 773.6 thousand person were the employees of the non-public sector.

19.4 percent of employees were engaged in education, 18.3 percent in trade; repair of transport means, 13.1 percent in industry, 8.2 percent in health and social services provided to population, 8.1 percent in construction, 6.6 percent in public administration and defense; social security, 4.5 percent in transport and warehouse, 3.5 percent in agriculture, forestry and fishing, 3.4 percent in professional, scientific and technical activity, 1.7 percent in finance and insurance and 13.2 percent in other fields of economy.