In terms of average salary Azerbaijan is behind Georgia and Armenia - ILO
According to the International Labor Organization, the average salary in Azerbaijan is one of the lowest among the 71 countries for which data are available.
According to material published on the website InvestorSsholl.ru, the highest average wage in Luxembourg is 3,722 dollars a month.
Azerbaijan ranks one of the last on the average salary of $303, and is behind poor Georgia and Armenia, which rank 55th and 57th respectively with the index and $430and $404.
Azerbaijan’s index was below of many African and Asian countries, not to mention the poor European countries - Bulgaria, Bosnia and others. The worst situation is in the Republic of Moldova, Mongolia, Tajikistan, Kyrgyzstan and Syria. -02D-
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- Economics
- 1 December 2016 13:55
Economics
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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