SSC: for every Azerbaijani 7 months accounted for more than 2,000 manats
Incomes of the population of Azerbaijan as of 1 August amounted to 18.9 billion manat in nominal (+ 7.2% compared to the same period last year).
According to the committee, the per capita had 2 040.8 manat (AZN 291.54 per month) - it turns out, the average family of 5 persons each month brings home 1 457.71 AZN or $ 1,860.
In January-July, 68.9% of the income of the population has been directed to consumption, 9.3% - on payment of taxes and other obligatory payments, 1.6% - on the mortgage payments and interest, 20.2% - for the increase in the contribution and capital.
After the payment of all taxes and other obligatory payments to the population remain revenues of $ 17.2 billion manat (+ 7.2% by August 1 last year). - 17D-
Economics
-
For several months now, there have reportedly been delays in the disbursement of pensions and social payments in Azerbaijan. Pensioners say that the delays range from three to five days. For example, they emphasize that while disability pensions used to be paid by the 15th of each month earlier in the year, for the past three months, payments have been made on the 20th or 21st.
-
Azerbaijan's revenues from tobacco exports have skyrocketed, with earnings from the first eight months of 2024 reaching $15.6 million, a nearly fivefold increase from $3.2 million during the same period last year. The sharp rise highlights the expanding international demand for Azerbaijan's tobacco products.
-
Azerbaijan imported 11,100 tons of tea worth $57.9 million in the first nine months of this year, according to the State Statistics Committee, marking a 14.4% rise in volume and a 13.9% increase in value compared to the same period in 2023. However, with only 500 tons of tea exports totaling $4.8 million, Azerbaijan remains heavily dependent on imported tea, which meets 98% of domestic demand.
-
Azerbaijan significantly increased its rice imports to 52,500 tons in the first nine months of 2024, marking a 15.1% rise in physical weight and a 33.3% rise in import value compared to the same period in 2023, according to government data. The average price per ton of rice climbed by 15.8% to $1,042.17, up from $899.77 last year, further underscoring Azerbaijan’s reliance on imports to meet domestic demand, with 85% of the country’s rice needs covered through foreign sources.
Leave a review