Azerbaijan: Labor cost

(measure: index points, source: The State Statistical Committee of the Republic of Azerbaijan)
* indicates monthly or quarterly data series

Labor cost index in Azerbaijan, Q1 2010 - Q1 2022:

For that indicator, we provide data for Azerbaijan from Q1 2010 to Q1 2022. The average value for Azerbaijan during that period was 164.81 index points with a minimum of 100 index points in Q1 2010 and a maximum of 264.29 index points in Q1 2022. Click on the following link to see the values of Labor cost index around the world.
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* indicates monthly or quarterly data series


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Measure: index points
Source: The State Statistical Committee of the Republic of Azerbaijan



Definition: The index reflects the level of the total compensation of employees in the economy. Labor costs are defined as core expenditure borne by employers for the purpose of employing staff. They include employee compensation, with wages and salaries in cash and in kind, employers' social security contributions and employment taxes regarded as labor costs minus any subsidies received.
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