Azerbaijan Living Wage Family2022 Data - 2023 Forecast - 2015-2021 Historical

Name: Azerbaijan Living Wage Family
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Azerbaijan Living Wage Family, data, historical, chart, forecasts, news,2021,2022,2023

Living Wage Family in Azerbaijan increased to 940 AZN/Month in 2018 from 885 AZN/Month in 2017. source: WageIndicator Foundation

Living Wage Family in Azerbaijan averaged 911.25 AZN/Month from 2015 until 2018, reaching an all time high of 940 AZN/Month in 2016 and a record low of 880 AZN/Month in 2015. Azerbaijan Living Wage Family - values, historical data and charts - was last updated on July of 2022.

Living Wage Family in Azerbaijan is expected to reach 775.00 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 Family is projected to trend around 795.00 AZN/Month in 2021, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Wages Low Skilled	341.00	447.00	AZN/Month	Dec 2018
Wages High Skilled	666.00	638.00	AZN/Month	Dec 2018
Living Wage Individual	865.00	825.00	AZN/Month	Dec 2018
Living Wage Family	940.00	885.00	AZN/Month	Dec 2018

Azerbaijan Living Wage Family

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. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.