Azerbaijan Monthly Earnings

1995 - 2023 | Monthly | USD | CEIC Data

Key information about Azerbaijan Monthly Earnings

  • Azerbaijan Monthly Earnings stood at 544 USD in Aug 2023, compared with the previous figure of 542 USD in Jul 2023
  • Azerbaijan Monthly Earnings data is updated monthly, available from Jan 1995 to Aug 2023, with an average number of 304 USD
  • The data reached the an all-time high of 567 USD in Jan 2015 and a record low of 8 USD in Jan 1995

CEIC converts Monthly Earnings into USD. The State Statistical Committee of the Republic of Azerbaijan provides Average Monthly Salary in local currency. The Central Bank of the Republic of Azerbaijan average market exchange rate is used for currency conversions.


Further information about Azerbaijan Monthly Earnings

  • In the latest reports, Azerbaijan Population reached 10 million people in Dec 2022
  • Unemployment Rate of Azerbaijan increased to 6 % in Mar 2023
  • The country's Labour Force Participation Rate dropped to 66 % in Dec 2022

View Azerbaijan's Monthly Earnings from Jan 1995 to Aug 2023 in the chart:

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Azerbaijan Monthly Earnings
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Azerbaijan Monthly Earnings

What was Azerbaijan's Monthly Earnings in Aug 2023?

Azerbaijan Monthly Earnings stood at 544 USD in Aug 2023, compared with the previous figure of 542 USD in Jul 2023 See the table below for more data.

Last Previous Min Max Unit Frequency Range
544 Aug 2023 542 Jul 2023 8 Jan 1995 567 Jan 2015 USD monthly Jan 1995 - Aug 2023

Monthly Earnings by Country Comparison

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country/region Last Frequency Range
Albania (USD) 683 Mar 2023 quarterly Sep 1996 - Mar 2023
Algeria (USD) 350 2019 yearly 2009 - 2019
Armenia (USD) 692 Jun 2023 monthly Jan 2002 - Jun 2023
Australia (USD) 3,786 May 2023 semiannually May 2012 - May 2023
Austria (USD) 3,331 2020 yearly 1997 - 2020
Azerbaijan (USD) 544 Aug 2023 monthly Jan 1995 - Aug 2023
Bahrain (USD) 739 Sep 2011 quarterly Mar 2004 - Sep 2011
Belarus (USD) 638 Jul 2023 monthly Jan 1994 - Jul 2023
Belgium (USD) 4,289 2020 yearly 1999 - 2020
Bolivia (USD) 733 2022 yearly 1996 - 2022
Bosnia and Herzegovina (USD) 1,098 Jul 2023 monthly Jan 2003 - Jul 2023
Botswana (USD) 547 Dec 2021 quarterly Sep 2007 - Dec 2021
Brazil (USD) 589 May 2023 monthly Mar 2012 - May 2023
Bulgaria (USD) 1,069 Mar 2023 monthly Jan 2000 - Mar 2023
Canada (USD) 3,624 Jun 2023 monthly Jan 1991 - Jun 2023
China (USD) 1,336 Dec 2022 quarterly Mar 2000 - Dec 2022
Colombia (USD) 281 2021 yearly 2019 - 2021
Croatia (USD) 1,696 Apr 2023 monthly Jan 2015 - Apr 2023
Cyprus (USD) 2,456 Mar 2023 quarterly Mar 2003 - Mar 2023
Czech Republic (USD) 1,995 Jun 2023 quarterly Mar 1998 - Jun 2023
Denmark (USD) 7,084 2021 yearly 2009 - 2021
Ecuador (USD) 444 Dec 2019 quarterly Jun 2007 - Dec 2019
Egypt (USD) 240 2021 yearly 1999 - 2021
Estonia (USD) 2,147 Jun 2023 monthly Jan 2000 - Jun 2023
Finland (USD) 4,228 Jun 2023 quarterly Mar 2000 - Jun 2023
Georgia (USD) 705 Jun 2023 quarterly Mar 2007 - Jun 2023
Germany (USD) 4,514 Jun 2023 quarterly Mar 1991 - Jun 2023
Ghana (USD) 242 2015 yearly 2013 - 2015
Greece (USD) 1,821 Mar 2013 quarterly Mar 1999 - Mar 2013
Hong Kong SAR, China (USD) 2,255 Dec 2022 quarterly Mar 1999 - Dec 2022
Hungary (USD) 1,657 Jun 2023 monthly Jan 2002 - Jun 2023
Iceland (USD) 6,276 2022 yearly 1998 - 2022
Indonesia (USD) 192 2022 yearly 1991 - 2022
Ireland (USD) 3,963 Jun 2023 quarterly Mar 2008 - Jun 2023
Israel (USD) 3,513 Jun 2023 monthly Jan 2005 - Jun 2023
Italy (USD) 3,685 Jun 2023 quarterly Mar 1980 - Jun 2023
Japan (USD) 2,701 Jul 2023 monthly Jan 1971 - Jul 2023
Jordan (USD) 753 2020 yearly 2000 - 2020
Kazakhstan (USD) 782 May 2023 monthly Sep 2000 - May 2023
Kenya (USD) 634 2021 yearly 1997 - 2021
South Korea (USD) 2,881 Jun 2023 monthly Jan 2008 - Jun 2023
Kosovo (USD) 693 Jun 2023 monthly Jan 2004 - Jun 2023
Kyrgyzstan (USD) 357 Apr 2023 monthly Jan 1999 - Apr 2023
Latvia (USD) 1,675 Jun 2023 monthly Jan 1997 - Jun 2023
Lithuania (USD) 2,178 Jun 2023 quarterly Mar 2000 - Jun 2023
Luxembourg (USD) 6,185 2022 yearly 2005 - 2022
Macau SAR, China (USD) 1,982 Jun 2023 quarterly Mar 1996 - Jun 2023
North Macedonia (USD) 978 Jul 2023 monthly Dec 2003 - Jul 2023
Malaysia (USD) 739 Jul 2023 monthly Jan 2013 - Jul 2023
Malta (USD) 1,994 Jun 2023 quarterly Dec 2000 - Jun 2023
Mauritius (USD) 872 2022 yearly 2000 - 2022
Mexico (USD) 946 Aug 2023 monthly Jan 2000 - Aug 2023
Moldova (USD) 678 Jun 2023 quarterly Mar 2015 - Jun 2023
Mongolia (USD) 545 Jun 2023 quarterly Dec 2000 - Jun 2023
Montenegro (USD) 1,099 Jul 2023 monthly Jan 2004 - Jul 2023
Netherlands (USD) 2,994 2022 yearly 2006 - 2022
New Zealand (USD) 3,788 Jun 2023 quarterly Mar 1989 - Jun 2023
Norway (USD) 5,526 2022 yearly 2015 - 2022
Pakistan (USD) 150 2021 yearly 2008 - 2021
Panama (USD) 1,279 2021 yearly 1970 - 2021
Paraguay (USD) 388 Dec 2022 quarterly Mar 2017 - Dec 2022
Peru (USD) 527 Jun 2023 monthly Mar 2001 - Jun 2023
Poland (USD) 1,802 Aug 2023 monthly Oct 1994 - Aug 2023
Portugal (USD) 1,531 2021 yearly 1995 - 2021
Qatar (USD) 3,311 2021 yearly 2006 - 2021
Romania (USD) 1,637 Jul 2023 monthly Jan 1991 - Jul 2023
Russia (USD) 921 Jun 2023 monthly Jun 1992 - Jun 2023
Saudi Arabia (USD) 754 2018 yearly 1995 - 2018
Serbia (USD) 1,090 Jun 2023 monthly Jan 2000 - Jun 2023
Singapore (USD) 5,269 Mar 2023 quarterly Mar 1995 - Mar 2023
Slovakia (USD) 1,424 Mar 2023 quarterly Mar 1993 - Mar 2023
Slovenia (USD) 2,391 Jun 2023 monthly Jan 1998 - Jun 2023
South Africa (USD) 1,452 Feb 2023 quarterly Nov 2004 - Feb 2023
Spain (USD) 2,409 Jun 2023 quarterly Mar 2000 - Jun 2023
Sweden (USD) 4,301 Jun 2023 monthly Jan 1996 - Jun 2023
Switzerland (USD) 6,126 2022 yearly 1991 - 2022
Syria (USD) 81 2020 yearly 1993 - 2020
Taiwan (USD) 1,748 Jun 2023 monthly Oct 1983 - Jun 2023
Tajikistan (USD) 183 Mar 2023 monthly Jan 1996 - Mar 2023
Thailand (USD) 451 Jul 2023 monthly Jan 2001 - Jul 2023
Ukraine (USD) 521 Jan 2022 monthly Jan 2002 - Jan 2022
United Arab Emirates (USD) 1,977 2016 yearly 1988 - 2016
United Kingdom (USD) 3,426 Jul 2023 monthly Jan 2000 - Jul 2023
United States (USD) 4,654 Aug 2023 monthly Mar 2006 - Aug 2023
Uruguay (USD) 1,832 2020 yearly 1998 - 2020
Uzbekistan (USD) 351 2022 yearly 2017 - 2022
Vietnam (USD) 331 Jun 2023 quarterly Mar 2011 - Jun 2023
Zambia (USD) 211 2021 yearly 2017 - 2021

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Azerbaijan Key Series

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Includes 233 key indicators for Azerbaijan, curated by CEIC analysts. Instant access to full history data in excel.
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Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.4 Jun 2021 monthly Dec 2004 - Jun 2021
Consolidated Fiscal Balance (USD mn) -128.529 Aug 2023 monthly Dec 2004 - Aug 2023
Tax Revenue (USD mn) 12,268.647 2022 yearly 1993 - 2022
Tax Revenue: % of GDP (%) 15.6 2022 yearly 1993 - 2022
National Government Debt (USD mn) 9,223.0 2021 yearly 2008 - 2021
Government Debt: % of GDP (%) 16.8 2021 yearly 2008 - 2021
Forecast: Government Expenditure (AZN bn) 50.242 2028 yearly 1994 - 2028
Forecast: Government Net Debt (AZN bn) 53.504 2028 yearly 1995 - 2028
Forecast: Government Revenue (AZN bn) 43.559 2028 yearly 1994 - 2028
Government Revenue: Taxes (AZN mn) 10,587.300 2018 yearly 1991 - 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -0.362 2028 yearly 1993 - 2028
Trade Balance (USD mn) 1,450.5 Jul 2023 monthly Jan 2000 - Jul 2023
Total Exports (USD mn) 2,808.7 Jul 2023 monthly Jan 2000 - Jul 2023
Total Exports Growth (%) 26.2 Apr 2023 monthly Jan 2001 - Apr 2023
Aluminum: Exports (USD th) 221,033.945 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 1,299.522 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 1,675.436 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,358.2 Jul 2023 monthly Jan 2000 - Jul 2023
Total Imports Growth (%) 19.5 Jul 2023 monthly Jan 2001 - Jul 2023
Imports: Medicament (USD th) 512,036.676 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 143,251.679 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 0.918 May 2023 monthly Jan 1996 - May 2023
Total Imports from USA (USD mn) 35.240 May 2023 monthly Apr 1993 - May 2023
Total Exports to China (USD mn) 6.937 May 2023 monthly Nov 2010 - May 2023
Total Imports from China (USD mn) 230.864 May 2023 monthly Mar 1997 - May 2023
Exports: SITC: Other Chemical Products (USD th) 246,222.600 2020 yearly 1996 - 2020
Exports: SITC: Food and Live Animals (USD th) 704,299.200 2020 yearly 1996 - 2020
Exports: SITC: Animal and Vegetable Oils, Fats and Waxes (USD th) 20,511.000 2020 yearly 1996 - 2020
Exports: SITC: Manufactured Goods by Material (USD th) 283,991.900 2020 yearly 1996 - 2020
Exports: SITC: Mineral Fuels, Lubricants and Related Materials (USD th) 11,981,306.100 2020 yearly 1996 - 2020
Exports: FOB: Non CIS States: Indonesia (USD th) 87,318.600 2021 yearly 1998 - 2021
Exports: FOB: Non CIS States: France (USD th) 64,595.200 2021 yearly 1992 - 2021
Exports: FOB: Non CIS States: Israel (USD th) 898,097.000 2021 yearly 1992 - 2021
Exports: FOB: Non CIS States: United States of America (USD th) 75,147.300 2021 yearly 1992 - 2021
Exports: FOB: Non CIS States: Italy (USD th) 9,243,521.400 2021 yearly 1992 - 2021
Imports: SITC: Other Chemical Products (USD th) 1,347,698.200 2020 yearly 1996 - 2020
Imports: SITC: Manufactured Goods by Material (USD th) 2,002,770.200 2020 yearly 1996 - 2020
Imports: SITC: Food and Live Animals (USD th) 1,553,770.200 2020 yearly 1996 - 2020
Imports: SITC: Other Manufactured Articles (USD th) 959,671.100 2020 yearly 1996 - 2020
Imports: SITC: Crude Materials, Inedible, except Fuels (USD th) 271,885.600 2020 yearly 1996 - 2020
Imports: CIF: Non CIS States: Turkey (USD th) 1,843,709.300 2021 yearly 1992 - 2021
Imports: CIF: CIS States: Russian Federation (USD th) 2,074,311.800 2021 yearly 1992 - 2021
Imports: CIF: Non CIS States: Germany (USD th) 634,395.800 2021 yearly 1992 - 2021
Imports: CIF: CIS States: Ukraine (USD th) 470,024.200 2021 yearly 1992 - 2021
Imports: CIF: Non CIS States: China (USD th) 1,639,492.600 2021 yearly 1992 - 2021
Exports Index: FOB (Same Qtr PY=100) 104.425 Mar 2023 quarterly Mar 1998 - Mar 2023
Imports Index: FOB (Same Qtr PY=100) 140.560 Mar 2023 quarterly Mar 1998 - Mar 2023
Energy Exports: Natural Gas (Cub m mn) 22,634.900 2022 yearly 2007 - 2022
Energy Exports: Crude Oil (Tonne th) 26,648.900 2022 yearly 2007 - 2022
Energy Imports: Crude Oil (Tonne th) 673.400 2022 yearly 2009 - 2022
Energy Imports: Natural Gas (Cub m mn) 2,109.900 2017 yearly 2016 - 2017
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 58.6 Mar 2023 quarterly Mar 2000 - Mar 2023
Current Account Balance (USD mn) 5,767.5 Dec 2022 quarterly Mar 2013 - Dec 2022
Current Account Balance: % of GDP (%) 18.9 Mar 2023 quarterly Mar 2013 - Mar 2023
Foreign Direct Investment (USD mn) -944.2 Mar 2023 quarterly Mar 2013 - Mar 2023
Foreign Direct Investment: % of GDP (%) -5.3 Mar 2023 quarterly Mar 2013 - Mar 2023
Foreign Portfolio Investment (USD mn) -590.244 Mar 2023 quarterly Mar 2013 - Mar 2023
Foreign Portfolio Investment: % of GDP (%) -3.3 Mar 2023 quarterly Mar 2013 - Mar 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 4.1 Dec 2022 quarterly Mar 2003 - Dec 2022
Foreign Portfolio Investment: Debt Securities (USD mn) -590.247 Mar 2023 quarterly Mar 2003 - Mar 2023
External Debt (USD mn) 8,135.7 Dec 2021 quarterly Dec 2001 - Dec 2021
External Debt: % of GDP (%) 14.9 Dec 2021 quarterly Dec 2001 - Dec 2021
External Debt: Short Term (USD mn) 0.0 2021 yearly 1993 - 2021
External Debt: Short Term: % of GDP (%) 0.0 2021 yearly 1993 - 2021
Forecast: Current Account Balance (USD bn) 7.469 2028 yearly 1992 - 2028
BoP: ytd: Capital Account (USD mn) 3.388 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: ytd: Financial Account: Net Liabilities: Direct Investment (DI) (USD mn) -606.589 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: ytd: Current Account: Transfers: Credit (USD mn) 2,882.198 Sep 2022 quarterly Mar 2013 - Sep 2022
BoP: ytd: Current Account: Income (USD mn) -4,304.873 Sep 2022 quarterly Mar 2013 - Sep 2022
BoP: ytd: Capital Account: Credit (USD mn) 3.428 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: ytd: Reserve Assets: Flow (USD mn) 3,453.773 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: ytd: Balancing Item (USD mn) -510.963 Sep 2022 quarterly Mar 2013 - Sep 2022
BoP: ytd: Current Account: Transfers: Debit (USD mn) 611.523 Sep 2022 quarterly Mar 2013 - Sep 2022
BoP: ytd: Financial Account: Net Liabilities: Portfolio Investment (USD mn) -590.244 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: ytd: Financial Account: Net Assets (USD mn) 5,746.542 Sep 2022 quarterly Mar 2013 - Sep 2022
BoP: ytd: Capital Account: Debit (USD mn) 1.284 Sep 2022 quarterly Mar 2013 - Sep 2022
BoP: ytd: Financial Account: Net Liabilities (USD mn) -3,848.747 Sep 2022 quarterly Mar 2013 - Sep 2022
BoP: ytd: Financial Account: Net Assets: Portfolio Investment (USD mn) 569.294 Sep 2022 quarterly Mar 2015 - Sep 2022
BoP: ytd: Current Account: Income: Credit (USD mn) 406.099 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: ytd: Current Account: Income: Debit (USD mn) 5,380.541 Sep 2022 quarterly Mar 2013 - Sep 2022
BoP: ytd: Financial Account: Net Liabilities: Other Investment (OI) (USD mn) -405.548 Sep 2022 quarterly Mar 2013 - Sep 2022
BoP: ytd: Financial Account: Net Assets: Other Investment (OI) (USD mn) -724.239 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: ytd: Current Account: Transfers (USD mn) 298.248 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: ytd: Financial Account: Net Assets: Direct Investment (DI) (USD mn) 172.210 Dec 2022 quarterly Mar 2015 - Dec 2022
BoP: ytd: Financial Account: Net Liabilities: Financial Derivatives (USD mn) -4.291 Sep 2018 quarterly Sep 2018 - Sep 2018
Foreign Investment: Oil Industry (USD mn) 4,004.900 2021 yearly 1995 - 2021
Foreign Investment: Direct (USD mn) 4,795.300 2021 yearly 2003 - 2021
AZ: BOP: Current Account: Personal Remittances: Paid (USD mn) 811.938 2022 yearly 1995 - 2022
AZ: BOP: Current Account: Personal Remittances: Received (USD mn) 3,950.029 2022 yearly 1995 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.9 Mar 2015 quarterly Dec 2009 - Mar 2015
Household Debt: % of GDP (%) 8.8 Mar 2023 quarterly Mar 2005 - Mar 2023
Money Supply M1 (USD mn) 15,779.344 Jul 2023 monthly Dec 1995 - Jul 2023
Money Supply M2 (USD mn) 18,654.762 Jul 2023 monthly Dec 1995 - Jul 2023
M2 Growth (%) 19.7 May 2023 monthly Dec 1996 - May 2023
Reserve Requirement Ratio (%) 5.0 Jul 2023 monthly May 1993 - Jul 2023
Foreign Exchange Reserves (USD mn) 8,910.8 Jul 2023 monthly Dec 1992 - Jul 2023
Foreign Exchange Reserves: % of GDP (%) 12.125 Mar 2023 quarterly Dec 2001 - Mar 2023
Foreign Exchange Reserves: Months of Import (NA) 6.6 Jul 2023 monthly Mar 1994 - Jul 2023
Gold Reserves (USD mn) 0.000 Jul 2023 monthly Dec 1992 - Jul 2023
Total Deposits (USD mn) 15,493.605 Jul 2023 monthly Jan 2005 - Jul 2023
Total Deposits Growth (%) 0.9 Jul 2023 monthly Jan 2006 - Jul 2023
Domestic Credit (USD mn) 20,572.3 Jul 2023 monthly Dec 2001 - Jul 2023
Domestic Credit Growth (%) 24.8 Jul 2023 monthly Dec 2002 - Jul 2023
Household Debt (USD mn) 7,490.6 Jul 2023 monthly Jan 2005 - Jul 2023
Total Loans (USD mn) 12,965.839 Jul 2023 monthly Dec 2004 - Jul 2023
Total Loans Growth (%) 16.10 Jul 2023 monthly Dec 2005 - Jul 2023
Private Debt: % of Nominal GDP (%) 17.83 Mar 2023 quarterly Dec 2001 - Mar 2023
Monetary Aggregates: M1 (AZN mn) 26,824.884 Jul 2023 monthly Dec 2002 - Jul 2023
Monetary Aggregates: M1: Cash Outside Banks (AZN mn) 14,725.275 Jul 2023 monthly Dec 2002 - Jul 2023
Monetary Aggregates: M3 (AZN mn) 41,070.580 Jul 2023 monthly Dec 2002 - Jul 2023
Monetary Aggregates: M2 (AZN mn) 31,713.096 Jul 2023 monthly Dec 2002 - Jul 2023
Official Foreign Reserves (USD mn) 9,244.000 Jul 2023 monthly Dec 2006 - Jul 2023
Deposits: Outstanding Amounts (AZN mn) 34,023.467 Jul 2023 monthly Dec 2004 - Jul 2023
Loans: Outstanding Amounts (AZN mn) 22,041.927 Jul 2023 monthly Dec 2004 - Jul 2023
Loans: Outstanding Amounts: Households (AZN mn) 12,734.079 Jul 2023 monthly Jan 2005 - Jul 2023

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