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Azerbaijan posts 10% year-on-year rise in personal income

Azerbaijan posts 10% year-on-year rise in personal income

22 October 2009 12:11 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-ECONOMICS. The total income earned by Azerbaijani population during January-September stood at AZN 16.1 billion, up 9.8% from a year ago.

The State Statistical Committee said earnings per capita reached AZN 1 824.5 ($2 269.3), up 8.4% from a year earlier.

Of the total income earned, people used 67.2% for consumption expenses, 10.2% for taxes, social insurance and voluntary membership dues and 22.6% for increasing savings and capitals. The populationâ€™s net income after taxes, compulsory charges and voluntary membership dues stood at AZN 14.4 million in total, up 9.8 from a year ago.

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