Azerbaijan Average Monthly Salary data was reported at 1,043.600 AZN in Mar 2025. This records a decrease from the previous number of 1,062.900 AZN for Feb 2025. Azerbaijan Average Monthly Salary data is updated monthly, averaging 298.200 AZN from Jan 1995 (Median) to Mar 2025, with 363 observations. The data reached an all-time high of 1,062.900 AZN in Feb 2025 and a record low of 6.800 AZN in Jan 1995. Azerbaijan Average Monthly Salary data remains active status in CEIC and is reported by The State Statistical Committee of the Republic of Azerbaijan. The data is categorized under Global Database’s Azerbaijan – Table AZ.G009: Average Monthly Salary: Statistical Classification of Economic Activities Rev 2.

Key information about Azerbaijan Household Income per Capita

• Azerbaijan Annual Household Income per Capita reached 4,509.654 USD in Dec 2023, compared with the previous value of 4,017.351 USD in Dec 2022.
• Azerbaijan Annual Household Income per Capita data is updated yearly, available from Dec 2000 to Dec 2023, with an averaged value of 3,131.891 USD.
• The data reached an all-time high of 5,245.929 USD in Dec 2014 and a record low of 557.408 USD in Dec 2000.
• In the latest reports, Retail Sales of Azerbaijan grew 7.980 % YoY in Dec 2024.

CEIC calculates Annual Household Income per Capita from annual Population Income and annual Total Population and converts it into USD. The State Statistical Committee of the Republic of Azerbaijan provides Population Income in local currency and Total Population. The Central Bank of the Republic of Azerbaijan average market exchange rate is used for currency conversions.

Wages in Azerbaijan increased to 1100.60 AZN/Month in April from 1083.80 AZN/Month in March of 2025. This dataset provides - Azerbaijan Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Azerbaijan Monthly Earnings

• Azerbaijan Monthly Earnings stood at 594 USD in Jan 2025, compared with the previous figure of 594 USD in Dec 2024
• Azerbaijan Monthly Earnings data is updated monthly, available from Jan 1995 to Jan 2025, with an average number of 309 USD
• The data reached the an all-time high of 594 USD in Jan 2025 and a record low of 8 USD in Jan 1995

CEIC converts Monthly Earnings into USD. The State Statistical Committee of the Republic of Azerbaijan provides year-to-date Average Monthly Salary in local currency. The Central Bank of the Republic of Azerbaijan average market exchange rate is used for currency conversions.


Further information about Azerbaijan Monthly Earnings

• In the latest reports, Azerbaijan Population reached 10 million people in Dec 2023
• Unemployment Rate of Azerbaijan increased to 6 % in Mar 2023
• The country's Labour Force Participation Rate dropped to 64 % in Dec 2023

Azerbaijan Average Monthly Salary: Annual: Accommodation and Food Service Activities data was reported at 723.900 AZN in 2023. This records an increase from the previous number of 664.000 AZN for 2022. Azerbaijan Average Monthly Salary: Annual: Accommodation and Food Service Activities data is updated yearly, averaging 385.000 AZN from Dec 1999 (Median) to 2023, with 25 observations. The data reached an all-time high of 723.900 AZN in 2023 and a record low of 62.000 AZN in 2000. Azerbaijan Average Monthly Salary: Annual: Accommodation and Food Service Activities data remains active status in CEIC and is reported by The State Statistical Committee of the Republic of Azerbaijan. The data is categorized under Global Database’s Azerbaijan – Table AZ.G009: Average Monthly Salary: Statistical Classification of Economic Activities Rev 2.

The Gross Domestic Product per capita in Azerbaijan was last recorded at 5651.35 US dollars in 2023. The GDP per Capita in Azerbaijan is equivalent to 45 percent of the world's average. This dataset provides - Azerbaijan GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Azerbaijan Average Monthly Salary: Annual data was reported at 933.900 AZN in 2023. This records an increase from the previous number of 840.000 AZN for 2022. Azerbaijan Average Monthly Salary: Annual data is updated yearly, averaging 286.200 AZN from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 15,325.300 AZN in 1994 and a record low of 12.500 AZN in 1995. Azerbaijan Average Monthly Salary: Annual data remains active status in CEIC and is reported by The State Statistical Committee of the Republic of Azerbaijan. The data is categorized under Global Database’s Azerbaijan – Table AZ.G009: Average Monthly Salary: Statistical Classification of Economic Activities Rev 2.

Azerbaijan GDP per capita for 2023 was $7,126, a 8.3% decline from 2022.

<ul style='margin-top:20px;'>

<li>Azerbaijan GDP per capita for 2022 was <strong>$7,771</strong>, a <strong>43.69% increase</strong> from 2021.</li>
<li>Azerbaijan GDP per capita for 2021 was <strong>$5,408</strong>, a <strong>27.85% increase</strong> from 2020.</li>
<li>Azerbaijan GDP per capita for 2020 was <strong>$4,230</strong>, a <strong>11.98% decline</strong> from 2019.</li>
</ul>GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.

Azerbaijan Average Monthly Salary: Annual: Construction data was reported at 1,060.400 AZN in 2023. This records an increase from the previous number of 1,005.500 AZN for 2022. Azerbaijan Average Monthly Salary: Annual: Construction data is updated yearly, averaging 519.436 AZN from Dec 1999 (Median) to 2023, with 25 observations. The data reached an all-time high of 1,060.400 AZN in 2023 and a record low of 70.000 AZN in 1999. Azerbaijan Average Monthly Salary: Annual: Construction data remains active status in CEIC and is reported by The State Statistical Committee of the Republic of Azerbaijan. The data is categorized under Global Database’s Azerbaijan – Table AZ.G009: Average Monthly Salary: Statistical Classification of Economic Activities Rev 2.

Azerbaijan gni per capita for 2023 was $6,660, a 17.46% increase from 2022.

<ul style='margin-top:20px;'>

<li>Azerbaijan gni per capita for 2022 was <strong>$5,670</strong>, a <strong>15.48% increase</strong> from 2021.</li>
<li>Azerbaijan gni per capita for 2021 was <strong>$4,910</strong>, a <strong>9.6% increase</strong> from 2020.</li>
<li>Azerbaijan gni per capita for 2020 was <strong>$4,480</strong>, a <strong>0.67% decline</strong> from 2019.</li>
</ul>GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

Adjusted net national income per capita (current US$) in Azerbaijan was reported at 3965 USD in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Azerbaijan - Adjusted net national income per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Azerbaijan: Cost of starting a business, % of income per capita: The latest value from 2019 is 1.2 percent of per capita GNI, a decline from 1.3 percent of per capita GNI in 2018. In comparison, the world average is 19.87 percent of per capita GNI, based on data from 185 countries. Historically, the average for Azerbaijan from 2003 to 2019 is 5.11 percent of per capita GNI. The minimum value, 1 percent of per capita GNI, was reached in 2013 while the maximum of 16.8 percent of per capita GNI was recorded in 2003.

The gross domestic product (GDP) per capita in Azerbaijan was estimated at about 7.25 thousand U.S. dollars in 2024. Between 1992 and 2024, the GDP per capita rose by approximately 7.09 thousand U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by around 1.91 thousand U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

Azerbaijan: Income from natural resources, percent of GDP: The latest value from 2021 is 29.94 percent, an increase from 13 percent in 2020. In comparison, the world average is 6.83 percent, based on data from 186 countries. Historically, the average for Azerbaijan from 1990 to 2021 is 26.5 percent. The minimum value, 5.26 percent, was reached in 1998 while the maximum of 44.6 percent was recorded in 1994.

Azerbaijan: Percent income earned by the top 10 percent of earners: The latest value from 2005 is 24.2 percent, a decline from 24.4 percent in 2004. In comparison, the world average is 30.77 percent, based on data from 74 countries. Historically, the average for Azerbaijan from 1995 to 2005 is 25.28 percent. The minimum value, 23.2 percent, was reached in 2002 while the maximum of 29.5 percent was recorded in 2001.

Azerbaijan Average Monthly Salary: Annual: Agriculture, Forestry and Fishing data was reported at 558.700 AZN in 2023. This records an increase from the previous number of 514.800 AZN for 2022. Azerbaijan Average Monthly Salary: Annual: Agriculture, Forestry and Fishing data is updated yearly, averaging 196.400 AZN from Dec 1999 (Median) to 2023, with 25 observations. The data reached an all-time high of 558.700 AZN in 2023 and a record low of 12.900 AZN in 1999. Azerbaijan Average Monthly Salary: Annual: Agriculture, Forestry and Fishing data remains active status in CEIC and is reported by The State Statistical Committee of the Republic of Azerbaijan. The data is categorized under Global Database’s Azerbaijan – Table AZ.G009: Average Monthly Salary: Statistical Classification of Economic Activities Rev 2.

Azerbaijan Average Monthly Salary: Annual: Public Administration and Defense; Compulsory Social Security data was reported at 1,357.200 AZN in 2023. This records an increase from the previous number of 1,213.300 AZN for 2022. Azerbaijan Average Monthly Salary: Annual: Public Administration and Defense; Compulsory Social Security data is updated yearly, averaging 402.700 AZN from Dec 1999 (Median) to 2023, with 25 observations. The data reached an all-time high of 1,357.200 AZN in 2023 and a record low of 36.300 AZN in 1999. Azerbaijan Average Monthly Salary: Annual: Public Administration and Defense; Compulsory Social Security data remains active status in CEIC and is reported by The State Statistical Committee of the Republic of Azerbaijan. The data is categorized under Global Database’s Azerbaijan – Table AZ.G009: Average Monthly Salary: Statistical Classification of Economic Activities Rev 2.

Moldova had the highest net minimum monthly wage in the Commonwealth of Independent States (CIS) as of the beginning of 2024, at 222 euros. The minimum wage in Azerbaijan ranked second, measuring at 173 euros, closely followed by Russia. The lowest figure was recorded in Uzbekistan, where the minimum wage was just enough to cover basic food expenses. Why does the minimum wage get adjusted? The main idea behind the minimum wage is to improve the living standards of workers, particularly those in low-paid occupations. Furthermore, it strives to reduce the gender pay gap, promote workers’ effort, reduce the number of people in welfare programs, and increase consumption. Due to inflation and rising prices, governments occasionally review the minimum salary to maintain the purchasing power of their citizens. For example, Kazakhstan had one of the highest inflation rates in the CIS region in 2023, at around 15 percent. Consecutively, the minimum wage in the country increased by approximately 21 percent in that year. Is everyone guaranteed the minimum wage? Despite labor law protections in place, holding a job in an unregistered enterprise or working a non-declared job in a registered enterprise allows employees to circumvent minimum wage regulations. For instance, in Russia, employment in the informal sector made up less than a fifth of the total in 2022. The share of those working in industries unregulated by the state increased from the previous year due to the coronavirus (COVID-19) pandemic. In April 2021, over a fifth of surveyed Russians admitted to working reduced hours, being furloughed, or becoming unemployed, which made the gray economy sector the only viable option for thousands.

2.5 (%) in 2012. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.

Azerbaijan Average Monthly Salary: Annual: Education data was reported at 712.600 AZN in 2023. This records an increase from the previous number of 630.200 AZN for 2022. Azerbaijan Average Monthly Salary: Annual: Education data is updated yearly, averaging 283.410 AZN from Dec 1999 (Median) to 2023, with 25 observations. The data reached an all-time high of 712.600 AZN in 2023 and a record low of 28.300 AZN in 1999. Azerbaijan Average Monthly Salary: Annual: Education data remains active status in CEIC and is reported by The State Statistical Committee of the Republic of Azerbaijan. The data is categorized under Global Database’s Azerbaijan – Table AZ.G009: Average Monthly Salary: Statistical Classification of Economic Activities Rev 2.