Minimum wage has doubled in Azerbaijan

12.03.2021,15:35


March 12, Fineko/abc.az. As a result of the reforms implemented in 2019, the minimum wage increased almost 2-fold.

ABC.AZ was informed at the Ministry of Labor & Social Protection that serious progress has been made over the past 3 years in ensuring that the ratio of the net minimum wage to the net average monthly wage in Azerbaijan complies with advanced international standards.

So, if in 2018 this indicator was 26.5%, then in 2019 it was 33.3%. In 2020, the ratio of the net minimum wage to the net average monthly salary increased to 38%.

So, in 2018-20, this indicator increased by 11.5%.