Bank Of Baku

Azerbaijani population’s per head income increases by 14%

Azerbaijani population’s per head income increases by 14%
# 23 August 2012 09:18 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. In January-July, 2012, the per head income of Azerbaijani population made AZN 1,992.8 or monthly AZN 284.7 by rising 12.3%.

According to State Statistical Committee, growth rate of per head income exceeded the inflation by 10.3 percentage points.

“63.2% of incomes were spent to consumer needs, 8.8% - the payment of taxes and contributions for social insurance, 1.8% - to payments of interest on credit and 26.2% - to charge”, told the committee.

The income in the disposal of population made AZN 16.6 bln, up 14.2% from a year earlier.
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