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In January-February 2024 average monthly nominal salary in the country made 946,8 manats.In January-March 2024, investments at 3809,2 million manats were directed to fixed assets.In January-February 2024 gross domestic product in amount of 18576,9 million manats was produced.In January 2024 industrial products at 5,2 billion manats were produced.For the state of 1st January of the current year winter crops for grain and green feed were sown in the area of 1025,4 thousand hectare.For the state of December 1, 2023 number of employees engaged in the country economy made 1732,6 thsd. persons.In January-April 2023, retail trade turnover increased by 2.9 percent in real terms.The foreign trade turnover of the country in January-March 2023 made 12269,3 million USD.In January-April 2023 the Republic of Azerbaijan received 522,9 thousand foreigners and stateless persons.50.2% of the total population of the country was women for the beginning of 2023.In January-March 2023, 368.9 thousand foreigners and stateless persons arrived in the Republic of Azerbaijan.In January-February 2023, retail trade turnover increased by 2.8 percent in real terms.In January-February 2023, the consumer price index was 113.9% compared to January-February 2022.50,2 percent of total number of population made up women to the beginning of 2023In 2022 cargo transportation in Azerbaijan side of the Europe-Caucasus-Asia Transport Corridor was 51420,6 thousand ton.Industrial products at 6,5 billion manats were produced in January 2023.

Social security in the country

31.03.2021, 12:00

As of January 1, 2021, 1228,8 thousand pensioners (1270,6 thousand as of January 1, 2020) were registered in the State Social Protection Fund under the Ministry of Labor and Social Protection of Population, which is 12,3 percent of the country's population. 58,3 percent of them receive old-age pensions, 30,4 percent - for disability and 11,3 percent – for the loss of the head of the family. The average monthly pension increased by 14,7 percent compared to the corresponding period of previous year and amounted to 302,2 manat, and it was equal to 42.7 percent of the average monthly salary.

In order to further strengthen the social protection of pensioners in the country, the insurance part of all types of labor pensions was indexed and increased from January 1, 2021 in accordance with the annual growth rate of average monthly nominal salary by the Order of the President of the Republic of Azerbaijan No. 2491 dated February 5, 2021 “On indexation of labor pensions”.

At the same time, in order to ensure the social protection of the population, various categories of people are provided with various types of monthly social benefits. As of January 1, 2021, 100,2 thousand people (82,4 thousand - as of January 1, 2020) receive age-related benefits, 182,5 thousand people (180,5 thousand) - for disability, 49,2 thousand people (47,0 thousand) – for the loss of the head of the family, 52,7 thousand (63,0 thousand) children under 18 years of age receive benefits for disabilities, 27,2 thousand people (28,3 thousand) - other types of benefits.

2,4 thousand people who are not entitled to a labor pension were provided with benefits for public utilities, transport and other services.

Monthly allowances are paid to 244 guardians of orphans and children without parental care. In addition, monthly benefits are provided for 12,8 thousand children from 7,8 thousand families of the families of martyrs, war invalids or who became disabled during the events of January 20, 1990, invalids of I and II degree disability and persons that died as a result of the Chernobyl accident, as well as participants in the elimination of the consequences of Chernobyl accident and military servants. Besides, 1852 low-income families with 1855 children under the age of one year and 2,5 thousand women with more than five children were provided with social benefits for 8,9 thousand children, and compensation was paid to 369 people injured as a result of occupational injuries or occupational diseases.

During 2020, the Ministry of Labor and Social Protection of Population provided lump-sum benefits to 75996 families for the birth of 77644 children, for the treatment of 3991 people affected by radiation accidents, and to 5508 people upon release from penitentiary institutions.

As of January 1, 2021, 324.0 thousand members of 77.3 thousand low-income families received targeted state social assistance and its average monthly amount per capita was 57.10 manat.

At the same time, 287,8 thousand people from different categories were awarded with the scholarship of the President of the Republic of Azerbaijan.

Tel: 377-10-70 (22-71)

heydar aliyev
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