Azerbaijan posts 13.6% year-on-year rise in personal income

Azerbaijan posts 13.6% year-on-year rise in personal income
# 19 August 2009 09:27 (UTC +04:00)
Baku. Nijat Mustafayev – APA-ECONOMICS. The total income earned by Azerbaijani population during January-July stood at AZN 12.5 billion, up 13.6% on a year ago.

The State Statistical Committee said earnings per capita on month reached AZN 1 423 or $1 769.9 on average, up 12.1% on a year earlier.

Of this, people used 67.2% for consumption expenses, 10.3% for taxes, social insurance and voluntary membership dues and 22.5% for increasing savings and capitals. The population’s net income after taxes, compulsory charges and voluntary membership dues stood at AZN 11.2 million in total, up 13.7 on a year earlier.
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