According to the decree signed by the Azerbaijani presidential on Feb. 8, 2019, the minimum wage was raised from 130 to 180 manats, and the positive change covered 600,000 people.

Minimum Wages in Azerbaijan averaged 68.83 AZN/Month from 1995 until 2020, reaching an all time high of 250 AZN/Month in 2019 and a record low of 1.10 AZN/Month in 1996. Per month. #CENTER FOR ANALYSIS OF ECONOMIC REFORMS AND COMMUNICATIONS, Azerbaijan to develop new electronic service Pension Calculator, Azerbaijan increases average monthly pensions by 27pct in 2020, Azerbaijan sees growth in average monthly pension in 2020, Average salary of civil servants up by 28.3pct, Azerbaijan increases teachers' salaries by 20 pct in 2019, Azerbajian launches e-appointment system for disabled, Azerbaijan ranks first in CIS for minimum pension’s purchasing power, Ministry: Over 600,000 citizens’ minimum pensions to increase in Azerbaijan. Minimum Wages in Azerbaijan remained unchanged at 250 AZN/Month in 2020 from 250 AZN/Month in 2019. After the increase, the minimum wage in Azerbaijan will take the second place in purchasing power among the CIS countries. Due to this, the average monthly salary in Azerbaijan will be 1.6 times higher than that in Armenia (960 international dollars) and 1.1 times higher than that in Georgia (1431 international dollars). The decree on raising the minimum wage once again confirms that the growth of social welfare in the country is a priority of the socio-economic policy of President Ilham Aliyev and shows the implementation of the second large social package this year. As of January 2019, minimum salary in Azerbaijan is of 130 Azeri manats, or roughly $75.

This allows us to predict that the average monthly salary will reach 1540 international dollars at purchasing power parity. “Currently, the minimum wage in Azerbaijan exceeds the cost of living by 40 percent. This indicator is 3.7 times higher than that in Armenia, twice as high as that in Georgia, 1.3 times higher than that in Russia, and 1.1 times higher than that in Kazakhstan,” he emphasized. Raising the minimum wage to 250 manats allows to increase the established average monthly salary in the sectors financed from the state budget, from an average of 265 to 367 manats. National Minimum Wage. Azerbaijan has increased the minimum wages from 130 ($76.3) to 250 manats ($146.6) - second time in 2019. Minimum wage with effect from September 1, 2019. Direct access to our calendar releases and historical data. AZN250.00. This growth also indicates an increase in the average monthly wage in the country. Azerbaijan Coronavirus Deaths at 580.00 Persons, Azerbaijan Coronavirus Cases at 39524.00 Persons, Azerbaijan Coronavirus Recovered at 37122.00 Persons, Deposit Interest Rate in Azerbaijan at 9.69 percent, Ease of Doing Business in Azerbaijan at 34.00, Azerbaijan Balance of Trade at 1873068.00 USD Thousand, Azerbaijan Current Account at 646.00 USD Million, Azerbaijan Current Account to GDP at 7.90 percent, Azerbaijan Exports at 4463169.00 USD Thousand, Silver Set for Worst Week Since Mid-March, Sweden Producer Deflation Extends for the 8th Month, Italy Consumer Morale Improves to 6-Month High, Crude Oil Rises, Still Heads for Weekly Loss, Italy Business Morale Close to Pre-Pandemic Levels, Covid-19 Cases Top 32.2M, Europe Faces 2nd Wave, French Shares Trade Lower as Covid-19 Cases Mount.

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