Bank Of Baku

Azerbaijani population’s per head income increases by 13%

Azerbaijani population’s per head income increases by 13%
# 16 May 2012 11:07 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. In January-April, 2012, the per head income of Azerbaijani population made AZN 1,068.3 or monthly AZN 267.1 by rising 12.6%.

According to State Statistical Committee, growth rate of per head income exceeded the inflation by 9.9 percentage points, in other word, real incomes of the population increased by 9.6%.

“65.3% of incomes were spent to consumer needs, 9.1% - the payment of taxes and contributions for social insurance, 2.2% - to payments of interest on credit and 23.4% - to charge”, told the committee.

The income in the disposal of population made AZN 8.9 bln, up 14.2% from a year earlier.
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