Nominal income grows 22.5% in Azerbaijan

Per capita nominal income grew by 21.2% to AZN 1 103.2 during this period, and per capita monthly income reached AZN 100.3 ($112).

The population income after taxes, compulsory charges and voluntary membership dues amounted to AZN 8.2bn. This figure is a 23.4 percent rise on the same period last year.

Of the incomes, people spent 70.2% on consumption expenses, 11.5% on taxes, social insurance and voluntary membership dues and 18.3% on increasing savings and capitals, APA reports.