16:06 - 25.06.2024

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June 25, Fineko/abc.az. The portal of international economic statistics Trading Economics has published a forecast on the average monthly salary in Azerbaijan.

ABC.AZ reports that Trading Economics raised the forecast on the average monthly salary in Azerbaijan in the 2nd quarter of this year from 965 to 1,000 manats, in the 3rd quarter from 975 to 1,010 manats, in the 4th quarter from 980 to 1,040 manats. The portal believes that in the 1st quarter of 2025, the average monthly salary in Azerbaijan will reach 1,080 manats (the previous forecast was 987 manats).

According to global macro models of Trading Economics and analysts' expectations, the average monthly salary in Azerbaijan is projected to total 1,110 manats in 2025, and 1,135 manats in 2026.

According to the data released by the State Statistics Committee, the average monthly nominal salary in Azerbaijan for Jan-May 2024 amounted to 1,007.5 manats.