Minimum Wages in Azerbaijan remained unchanged at 250 AZN/Month in 2020 from 250 AZN/Month in 2019. source: Central Bank of the Republic of Azerbaijan

Minimum Wages in Azerbaijan averaged 68.83 AZN/Month from 1995 until 2020, reaching an all time high of 250 AZN/Month in 2019 and a record low of 1.10 AZN/Month in 1996. This page provides - Azerbaijan Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan Monthly Minimum Wages - values, historical data and charts - was last updated on January of 2021.

Minimum Wages in Azerbaijan is expected to reach 250.00 AZN/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Monthly Minimum Wages is projected to trend around 290.00 AZN/Month in 2021 and 340.00 AZN/Month in 2022, according to our econometric models.

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Azerbaijan Monthly Minimum Wages

Actual Previous Highest Lowest Dates Unit Frequency
250.00 250.00 250.00 1.10 1995 - 2020 AZN/Month Yearly

Azerbaijan Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.80 5.20 11.80 4.50 percent [+]
Employed Persons 4938.50 4879.30 4938.50 3613.00 Thousand [+]
Unemployed Persons 251.60 253.80 514.70 236.60 Thousand [+]
Minimum Wages 250.00 250.00 250.00 1.10 AZN/Month [+]
Population 10.00 9.90 10.00 1.59 Million [+]
Wages 703.50 704.50 744.50 242.70 AZN/Month [+]
Wages In Manufacturing 631.40 553.70 631.40 48.80 AZN/Month [+]
Retirement Age Men 65.00 65.00 65.00 62.00 [+]
Retirement Age Women 62.00 61.00 62.00 57.00 [+]