Bank Of Baku

Average monthly salary in Azerbaijan to reach AZN 563 during next 4 years

Average monthly salary in Azerbaijan to reach AZN 563 during next 4 years
# 15 October 2012 14:52 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Average monthly salary in Azerbaijan for 2016 is expected to be AZN 563, forecasts of government for next years reported.

According to forecasts, this index will be AZN 402 in 2013, AZN 440 – in 2014, AZN 478 – in 2015. For comparison to note that, this index for 2012 is AZN 363.

So, real growth rate of salaries will make 5.7% in 2012, 3.9% - in 2013, 3.3% - in 2014, 4.3% - in 2015 and 4.2% - in 2016.

Inflation for 2012 is forecasted to be 4.7%, 5.7% - for 2013, 5.2% - for 2014, 4.0% - for 2015 and 4.2% - for 2016.
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