Paşha Bank
Bank Of Baku

Azerbaijani population’s per head income increases by 19% year-on-year

Azerbaijani population’s per head income increases by 19% year-on-year
# 26 October 2011 08:55 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. In January-September, 2011, the incomes of Azerbaijani population made AZN 21.8 bln by rising 19.2%.

Per head income increased by 17.6% to AZN 2,409.9.

“65.9% of incomes were spent to consumer needs, 7.9% - the payment of taxes and contributions for social insurance, 24.4% - on completion of the deposits and capital”, told the committee.

The income in the disposal of population made AZN 20 bln , up 20.5% from a year earlier.

Note that, compared to 2010, in 2011 the projected income will grow at an annual rate of 14.2% to AZN 32.1 billion, in 2012 - up 6.8% to AZN 36.4 billion, in 2013 - an 8% to AZN 41.2 billion, in 2014 - up 8.7% to AZN 47.2 billion, in 2015 - by 8.9% to AZN 53.9 billion.
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