Bank Of Baku

Nominal income grows 22.5% in Azerbaijan

Nominal income grows 22.5% in Azerbaijan
# 16 December 2006 09:39 (UTC +04:00)
During the period of January-September the incomes of Azerbaijani population brew by 22.5%, year-over-year, to AZN 9.2bn at face value, State Statistical Committee told APA.
Per capita nominal income grew by 21.2% to AZN 1 103.2 during this period, and per capita monthly income reached AZN 100.3 ($112).
The population’s income after taxes, compulsory charges and voluntary membership dues amounted to AZN 8.2bn. This figure is a 23.4 percent rise on the same period last year.
Of the incomes, people spent 70.2% on consumption expenses, 11.5% on taxes, social insurance and voluntary membership dues and 18.3% on increasing savings and capitals. /APA/
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