Bank Of Baku

Nominal incomes grow 23.4% in Azerbaijan

Nominal incomes grow 23.4% in Azerbaijan
# 18 January 2007 15:08 (UTC +04:00)
During 2006 Azerbaijani population’s total nominal incomes rose 23.4%, or AZN 1.9bn year-over-year, the State Statistical Committee told APA.
The per capita incomes of Azerbaijani population grew by 22% to AZN 1 189.5 (US $ 1 331.4).
The population’s net income after taxes, compulsory charges and voluntary membership dues grew by 24.1%, year-on-year, to AZN 8.8 billion.
Of the incomes, people spent 68.9% on consumption expenses, 11.6% for taxes, social insurance and voluntary membership dues and 19.5% for increasing savings and capitals. /APA/
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