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Azerbaijan posts 7.6% year-on-year rise in hosehold income

Azerbaijan posts 7.6% year-on-year rise in hosehold income

16 December 2009 15:30 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-ECONOMICS. The total income earned by Azerbaijani population during January-November stood at AZN 19.8 billion, up 7.6% from a year ago.

The State Statistical Committee said earnings per capita reached AZN 2 245.8, up 6.2% from a year earlier.

Of the total income earned, people used 68% for consumption expenses, 11.8% for taxes, social insurance and voluntary membership dues and 20.2% for increasing savings and capitals.

The populationâ€™s net income after taxes, compulsory charges and voluntary membership dues stood at AZN 17.8 million in total, up 7.5 from a year ago.

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