Azerbaijan average salary to rise 8.7% to 1,288.30 manats in 2027
The average monthly nominal salary in Azerbaijan is projected to rise by 8.7% next year, reaching 1,288.30 manats, according to a report by APA. The figure is reflected in the 2027 Budget Package.
According to the budget package, the indicator is projected at 1,185.5 manats for 2026 and 1,288.30 manats for 2027. The growth rate of the average monthly nominal salary is projected at 8.7% compared to the current year.
However, expenditures on payments to the population are projected to increase by 9.2% and 10.9%, respectively, compared to the current year's forecast and expected execution figures.
This story was automatically summarised and translated from APA. All rights to the story belong to its source.