Tuesday, 02 January 2024 12:17 GMT

Azerbaijan's Baku Sees Growth In Average Monthly Salary Over Past Several Years


(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 10. The average monthly nominal salary of hired employees in Baku amounted to 1,357 manat ($800) from January through March of the current year.

The data obtained by Trend from the Baku City Statistics Department shows that this metric experienced an escalation of 334.4 manat ($197), reflecting a substantial increase of 32.7 percent relative to the corresponding timeframe five years prior (1,023 manat or $603).

It is noteworthy that, in juxtaposition to the inaugural quarter of 2024, the mean monthly nominal remuneration for wage-earning personnel in Baku has experienced an uptick of 9.1 percent.

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