Living Wage Individual in Azerbaijan increased to 865 AZN/Month in 2018 from 825 AZN/Month in 2017. Azerbaijan Living Wage Individual - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Living Wage Individual in Azerbaijan averaged 831.25 AZN/Month from 2015 until 2018, reaching an all time high of 865 AZN/Month in 2016 and a record low of 770 AZN/Month in 2015.

Living Wage Individual in Azerbaijan is expected to reach 485.00 AZN/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Living Wage Individual is projected to trend around 485.00 AZN/Month in 2021, according to our econometric models.

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Azerbaijan Living Wage Individual

Actual Previous Highest Lowest Dates Unit Frequency
865.00 825.00 865.00 770.00 2015 - 2018 AZN/Month yearly

Azerbaijan Living Wage Individual
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey.