Bank Of Baku

Average salary rises 24% in Azerbaijan last year

Average salary rises 24% in Azerbaijan last year
# 20 January 2009 08:47 (UTC +04:00)
Baku. Nijat Mustafayev – APA-ECONOMICS. The average monthly salary stood at AZN 268.0 in Azerbaijan in 2008, up 24.2% on a year ago.
The State Statistical Committee said the highest salary was earned in mining industry, finance, real estate and leasing sectors.
In general, the fastest economic growth of the country continues to increase the take-home pay. Employees got AZN 14.1 million in social benefits and allowances during January-November. The average salary of acting workers was AZN 136.7 and employees on contract earned AZN 250.1 on average a month.
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