Wages in Azerbaijan increased to 614.20 AZN/Month in October from 603.50 AZN/Month in September of 2019. Wages in Azerbaijan averaged 423.16 AZN/Month from 2008 until 2019, reaching an all time high of 614.20 AZN/Month in October of 2019 and a record low of 242.70 AZN/Month in April of 2008.

Wages in Azerbaijan is expected to be 560.00 AZN/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Azerbaijan to stand at 560.00 in 12 months time. In the long-term, the Azerbaijan Wages is projected to trend around 570.00 AZN/Month in 2020, according to our econometric models.

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Azerbaijan Wages

Actual Previous Highest Lowest Dates Unit Frequency
614.20 603.50 614.20 242.70 2008 - 2019 AZN/Month Monthly
CMLV, NSA

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 [+]