Bank Of Baku

Average monthly salary to increase by 9.1% in Azerbaijan

Average monthly salary to increase by 9.1% in Azerbaijan
# 18 November 2024 11:19 (UTC +04:00)

Next year, the average monthly salary will increase by 9.1%, reaching AZN 1,080.1 in Azerbaijan, APA reports.

This is reflected in the review of the Chamber of Accounts on the draft law "On the State Budget of the Republic of Azerbaijan for 2025."  

From 2025 to 2028, the average monthly salary will grow by 7.1% annually, reaching AZN 1,326.4.  

It was noted that the slightly faster growth in 2025 is due to an increase in the minimum wage by AZN 55 or 15.9%.

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