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Azerbaijan posts 7.8% year-on-year rise in personal income

Azerbaijan posts 7.8% year-on-year rise in personal income

18 November 2009 14:58 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-ECONOMICS. The total income earned by Azerbaijani population during January-October stood at AZN 18 073.9 million, up 7.8% from a year ago.

The State Statistical Committee said earnings per capita reached AZN 2 049.1, up 6.4% from a year earlier.

Of the total income earned, people used 67.6% for consumption expenses, 10.1% for taxes, social insurance and voluntary membership dues and 22.3% for increasing savings and capitals.

The populationâ€™s net income after taxes, compulsory charges and voluntary membership dues stood at AZN 16.254million in total, up 7.8 from a year ago.

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