Living Wage Individual in Azerbaijan increased to 865 AZN/Month in 2018 from 825 AZN/Month in 2017. Living Wage Individual in Azerbaijan averaged 831.25 AZN/Month from 2015 until 2018, reaching an all time high of 865 AZN/Month in 2016 and a record low of 770 AZN/Month in 2015.

Living Wage Individual in Azerbaijan is expected to be 475.00 AZN/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Living Wage Individual is projected to trend around 485.00 AZN/Month in 2020, according to our econometric models.

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Azerbaijan Living Wage Individual

Actual Previous Highest Lowest Dates Unit Frequency
865.00 825.00 865.00 770.00 2015 - 2018 AZN/Month yearly


Azerbaijan Living Wage Individual
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey.

Azerbaijan Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 5.00 11.80 4.50 percent [+]
Employed Persons 4879.30 4822.10 4879.30 3613.00 Thousand [+]
Unemployed Persons 253.80 251.70 514.70 236.60 Thousand [+]
Minimum Wages 143.00 130.00 143.00 5.50 AZN/Month [+]
Population 9.90 9.80 9.90 1.59 Million [+]
Living Wage Family 940.00 885.00 940.00 880.00 AZN/Month [+]
Living Wage Individual 865.00 825.00 865.00 770.00 AZN/Month [+]
Wages 614.20 603.50 614.20 242.70 AZN/Month [+]
Wages High Skilled 666.00 638.00 666.00 577.00 AZN/Month [+]
Wages In Manufacturing 554.10 554.00 554.10 48.80 AZN/Month [+]
Wages Low Skilled 341.00 447.00 496.00 341.00 AZN/Month [+]
Retirement Age Men 63.50 63.00 63.50 62.00 [+]
Retirement Age Women 60.50 60.00 60.50 57.00 [+]