Minimum wage increases by US$6 in Azerbaijan
A minimum subsistence wage has been increased by AZN11 (US$6) under the President’s Decree and now totals AZN116 (US$63). Last time it was increased by AZN11,50 4 years ago, Radio Liberty reports.
In view of a price hike and a drop in Manat rate against US Dollar, a minimum subsistence wage amounting to AZN105 has turned from US$135 into US$57 over this 4-year period, thus casting Azerbaijan to the last place among the Caucasus countries as to the amount of minimum wage.
- According to the Azerbaijani State Statistical Committee data (2015), an average wage totals AZN467 (US$255) in Azerbaijan.
- Employees of the healthcare and social service fields have the lowest wages (AZN204 (US$111) per field on average).
- Extractive industry workers have the highest wages – AZN 2,171 or US$1,186.