Average Salary in Azerbaijan 2024

Explore the intricacies of the salary landscape in Azerbaijan with this insightful article. Gain valuable insights into the pay scale, wage gap, and yearly increments, all tailored to your specific educational background and years of experience. Discover how these factors intertwine to shape the earning potential in this vibrant country. Stay informed and make informed decisions about your career growth in Azerbaijan.
Please be aware that the data we are providing is as accurate as possible at this early stage of the year 2024.

However, as we gather more data for 2024, we make adjustments to ensure the highest level of precision.

What is the average salary in Azerbaijan in 2024?

What is the average salary in Azerbaijan in 2024?
10USD
(USD 110 yearly)
Low 10 USD
Average 10 USD
High 40 USD
In Azerbaijan, individuals usually earn an average salary of USD 10 per month. Nonetheless, salaries can span from USD 10 (lowest average) to USD 40 (highest average, actual maximum salary is higher). The indicated salary incorporates housing, transport, and other benefits. There are significant variations in salaries across diverse professions. To find out about specific job titles and their respective salaries, please see the information below.
In comparison with average salary in Azerbaijan in 2023, salaries changed by +0.9% so far. Looking ahead, economists project a gradual recovery in the job market. The comprehensive comparison between 2023 and 2024 will be conducted at the year's end.

Pay Scale and Salaries in Azerbaijan

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 40, 75% of the people earn USD 20 or less. 50% employees earn less USD 10 or less, 25% of the employees earn less than USD 10.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 40, 75% of the people earn USD 20 or less. 50% employees earn less USD 10 or less, 25% of the employees earn less than USD 10.

Minimum Wage and Starting Salary

Minimum Wage and Starting Salary refers to the fundamental pay levels for entry-level positions. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In Azerbaijan the minimum salary is USD 10.

Median Salary

Median Salary represents the middle point of all salaries in a dataset, with half of the values above and half below it. It provides a more balanced view of income distribution, making it less sensitive to extreme values, and is commonly used to gauge average earnings in various professions and industries. In Azerbaijan the median salary is USD 10.

Salary range and Percentile

Salary Range refers to the span between the lowest and highest salaries in a given dataset, indicating the scope of potential earnings. Percentile, on the other hand, represents a specific point in the range, showing how a salary compares to others in the dataset, making it useful for benchmarking pay levels. In Azerbaijan the salary ranges from USD 10 to USD 40.

Annual Salary Increments in Azerbaijan

What is the average annual salary increment in the Azerbaijan? How frequently do employees receive salary raises?

In 2024, Azerbaijan employees received an average salary increase of 0.9%. It's essential to note that this is an average figure across all job sectors. Globally, the average salary increment for 2024 is 0.9%.Download chartGet chart linkShare on FacebookShare on Twitter
In 2024, Azerbaijan employees received an average salary increase of 0.9%. It's essential to note that this is an average figure across all job sectors. Globally, the average salary increment for 2024 is 0.9%.

Historical Graph of Annual Salary Increments in Azerbaijan

In the past years, employees in Azerbaijan have seen their salaries rise by an average of 3.5% per year. The increment ranges from 0.9% to 6.2% per year on average.Download chartGet chart linkShare on FacebookShare on Twitter
Employees in Azerbaijan received in recent years salary increase from 0.9% to 6.2% on average per year. It means 3.5% increment per year on average.

Salary Forecast and Trends for the Future in Azerbaijan

There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 3.6%. Estimated range is between 2.0% and 5.5%.Download chartGet chart linkShare on FacebookShare on Twitter
There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 3.6%. Estimated range is between 2.0% and 5.5%.

Gender Wage Gap in Azerbaijan

What is the difference in pay between mens and womens? Men vs. women salary comparison.

In Azerbaijan, the actual wage gap amounts to 5.0%.Download chartGet chart linkShare on FacebookShare on Twitter
Actual wage gap in Azerbaijan is 5.0%.
It's due to many factors, such as:
  • Gender disparity.
  • On average, women have 10% longer paid vacations than men each year.
  • Men are more likely than women to have a college degree.
  • When it comes to caregiving responsibilities for children and elderly relatives, women are more probable than men to take them on.
  • Women are more likely than men to work part-time, and part-time workers typically earn less than full-time workers.
  • Women are more likely to work in lower-paying occupations than men.

Salary Comparison by Education Level

How does the education level influence the amount of salary?

Completing high school and obtaining a bachelor's degree brings a multitude of benefits. Firstly, it significantly enhances one's career prospects, leading to higher earning potential and access to a broader range of job opportunities. Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge.Download chartGet chart linkShare on FacebookShare on Twitter

The Benefits of Transitioning from High School to a Bachelor's Degree

Completing high school and obtaining a bachelor's degree come with numerous benefits. Firstly, it significantly improves career prospects, leading to higher earning potential and increased access to a wider variety of job opportunities. Beyond financial rewards, pursuing a bachelor's degree promotes personal growth, enhances critical thinking skills, and provides the opportunity to specialize in a particular field of interest. It also facilitates valuable networking opportunities and fosters the development of a global perspective. Ultimately, the journey from high school to a bachelor's degree is a transformative path that opens doors to a more fulfilling and prosperous future.

The Advantages of Progressing from a Bachelor's to a Master's Degree

Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. This advanced education often leads to even greater earning potential and career advancement opportunities. Additionally, master's programs often emphasize research and critical thinking, honing these skills for practical application in professional settings. Networking opportunities expand further, connecting students with experts in their fields. Lastly, pursuing a master's degree is a significant personal achievement, reflecting dedication and a commitment to lifelong learning, which can contribute to personal growth and fulfillment.

The Advantages of Advancing from a Master's to a Ph.D. Degree

Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge. This expertise often leads to prestigious career opportunities in academia, research, and leadership positions in various sectors. Ph.D. programs foster advanced critical thinking, problem-solving, and analytical skills, making graduates highly adaptable and innovative. Networking opportunities expand even further, with collaborations and connections in the global academic and professional communities. Pursuing a Ph.D. epitomizes a lifelong dedication to acquiring knowledge and paving the way for an inspiring and impactful career.

Salary Breakdown Based on Career Levels

How does an individual's salary evolve as time goes on?

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 17%-21% higher, reflecting higher skill level and value to the company. Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of roughly 13%-17%. Expertise and leadership gain higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 21%-25% higher, mirroring strategic influence and heightened leadership contributions.Download chartGet chart linkShare on FacebookShare on Twitter

Salary increase going from Junior to Intermediate

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 17%-21% higher, reflecting higher skill level and value to the company.

Elevation from Intermediate to Senior Role Brings Salary Advancement

Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of close to 13%-17%. Expertise and leadership receive higher recognition and greater financial rewards.

Executive Promotion: Salary Increase from Senior Position

Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 21%-25% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Azerbaijan

What is the average hourly wage in the Azerbaijan?

Average Hourly Wage
0USD
Low 0 USD
Average 0 USD
High 0 USD

What are the disadvantages of being paid on an hourly wage basis?

  • Income instability: The irregular or fluctuating income from hourly wages may make it challenging to budget and plan for expenses.
  • Limited earning potential: Hourly workers may face limitations in terms of the number of hours they can work, which can restrict their earning potential compared to salaried positions.
  • Lack of benefits: Hourly workers often have fewer or limited benefits such as paid time off, health insurance, retirement plans, and other perks usually connected with full-time employment.
  • Inconsistent work hours: Hourly workers may experience unpredictable work schedules, including shifts that vary in duration or irregular hours, which can disrupt work-life balance and make it difficult to maintain consistent routines.
  • Uncertain job security: Layoffs, downsizing, or changes in demand can make hourly positions more vulnerable to job insecurity when compared to salaried positions.
  • Limited career advancement: In certain cases, hourly positions may have limited prospects for career progression, professional development, or upward mobility within the organization.
It's important to note that these disadvantages may not apply universally and can vary depending on specific job circumstances and individual preferences.

Highest and Lowest Paying Jobs in Azerbaijan

What are the best paying jobs in Azerbaijan?

List with best paid jobs in AzerbaijanDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs Azerbaijan?

  1. Surgeon (USD 40)
  2. Doctor (USD 40)
  3. Chief Executive Officer (CEO) (USD 40)
  4. Registered Nurse Anesthetist (USD 40)
  5. Dentist (USD 30)
  6. Airline Pilot (USD 30)
  7. Intellectual Property Lawyer (USD 30)
  8. Marketing Manager (USD 30)
  9. Marketing Director (USD 30)
  10. Sales Director (USD 30)
  11. Sales Manager (USD 30)
  12. Petroleum Engineer (USD 30)
  13. Brand Manager (USD 30)
  14. Marketer (USD 30)
  15. Judge (USD 30)
  16. Treasurer (USD 30)
  17. Controller (USD 30)
  18. Pharmacist (USD 30)
  19. Tax Lawyer (USD 30)
  20. Lawyer (USD 30)
List with worst paid jobs in AzerbaijanDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Azerbaijan?

  1. Cashier (USD 10)
  2. Childcare Worker (USD 10)
  3. Stock clerk (USD 10)
  4. Elder Care Worker (USD 10)
  5. Receptionist (USD 10)
  6. Bartender (USD 10)
  7. Food and beverage server (USD 10)
  8. Janitor (USD 10)
  9. Waiter (USD 10)
  10. Tour Guide (USD 10)
  11. Customer Service Representative (USD 10)
  12. Hotel Concierge (USD 10)
  13. Rehabilitation Counselor (USD 10)
  14. Travel Agent (USD 10)
  15. Secretary (USD 10)
  16. Painter (USD 10)
  17. Carpenter (USD 10)
  18. Bus Driver (USD 10)
  19. Artist (USD 10)
  20. Truck Driver (USD 10)
List with best paid industries in AzerbaijanDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 30)
  2. Business and Management (USD 20)
  3. Marketing and Sales (USD 20)
  4. Engineering (USD 20)
  5. Law (USD 20)
  6. Accounting and Finance (USD 20)
  7. Computer and Information Technology (USD 20)
  8. Transportation and Logistics (USD 20)
  9. Science (USD 20)
  10. Education and Training (USD 20)
  11. Other (USD 10)
  12. Hospitality and Tourism (USD 10)
  13. Social Services (USD 10)
  14. Services (USD 10)