Azerbaijan sees 5% rise in personal income

Azerbaijan sees 5% rise in personal income
# 16 May 2014 08:49 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. In January-April, 2014, the personal income rose 4.6% to AZN 12.1 bln.

According to State Statistical Committee, per capita personal income made AZN 1,290.7 or montly AZN 322.7. Growth rate of per head income exceeded the consumption price rise by 1.4 percentage points to 3.3%.

“70.8% of incomes were spent to consumer needs, 8.7% - the payment of taxes and contributions for social insurance, 2.4% - to payments of interest on credit and 18.1% - to increase of deposits and capital”, said the committee.

The income in the disposal of population made AZN 11 bln, up 5% from a year earlier.


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