"Trading Economics": Average monthly salary in Azerbaijan will reach AZN 1135

"Trading Economics": Average monthly salary in Azerbaijan will reach AZN 1135
# 25 June 2024 13:11 (UTC +04:00)

The international economic statistics portal "Trading Economics" has released its forecast regarding the average monthly wage in Azerbaijan, APA-Economics reports.

"Trading Economics" has increased its forecast for the average monthly wage in Azerbaijan for the second quarter of this year from AZN 965 to AZN 1000, for the third quarter from AZN 975 to AZN 1010, and for the fourth quarter from AZN 980 to AZN 1040. The portal anticipates that in the first quarter of 2025, the average monthly wage in Azerbaijan will reach AZN 1080 (previously forecasted at AZN 987).

According to "Trading Economics" global macro models and analysts' expectations, the average monthly salary in Azerbaijan is forecasted to be AZN 1110 in 2025 and AZN 1135 in 2026.

Note that according to the figures released by the State Statistics Committee, the average monthly nominal wage in Azerbaijan from January to May of this year amounted to AZN 1007.5.

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