Prosperity and employment rose in Azerbaijan in 2014

Prosperity and employment rose in Azerbaijan in 2014

As of January 1, 2015, the volume of bank deposits in Azerbaijan increased by 12.4% to 7.2 billion manats, a record for the country, as stated by the deputy head of the State Statistical Committee, Rauf Selimov, Trend reports. 

Expenditure of the population in 2014 increased by 4.8%. The average wage amounted to 443 manats, the average pension was 173.4 manats. 

21.8 billion manats were invested in Azerbaijan in 2014, 58.5% of the sum belonged to national investors. Investments in foreign countries increased. 127,000 new jobs were created in 2014, reducing unemployment by 0.1% to 4.9%. Poverty dropped by 0.3% to 5%.

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