Average hourly labour cost per employee - Discontinued in Azerbaijan
Azerbaijan: Average hourly labour cost per employee - Discontinued was 7.64 in 2023. ▲ Rising
Average hourly labour cost per employee - Discontinued in Azerbaijan, 2009–2023
Source: International Labour Organization.
Analysis
The most recent figure for average hourly labour cost per employee - discontinued in Azerbaijan is 7.64, measured in 2023. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 27.3% on the previous year and up 123.4% over ten years.
Over the whole period, average hourly labour cost per employee - discontinued in Azerbaijan peaked at 7.64 in 2023 and was at its lowest, 2.44, in 2009.
Azerbaijan ranks 49th of 50 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Average hourly labour cost per employee - Discontinued in Azerbaijan, year by year
| Year | Value | Change |
|---|---|---|
| 2009 | 2.44 | — |
| 2010 | 2.67 | +9.4% |
| 2011 | 3 | +12.4% |
| 2012 | 3.2 | +6.7% |
| 2013 | 3.42 | +6.9% |
| 2014 | 3.52 | +2.9% |
| 2015 | 3.69 | +4.8% |
| 2016 | 3.96 | +7.3% |
| 2017 | 4.21 | +6.3% |
| 2018 | 4.36 | +3.6% |
| 2019 | 5.06 | +16.1% |
| 2020 | 6.2 | +22.5% |
| 2021 | 6 | -3.2% |
| 2023 | 7.64 | +27.3% |
Azerbaijan compared with similar countries
- Azerbaijan's 7.64 is below the median for Europe & Central Asia, which is 45.65, 17% of the median. (38 countries reporting)
- Azerbaijan's 7.64 is below the median for upper middle income countries, which is 834.5, 1% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.44 | 2.44 | 2.44 | 1 |
| 2010s | 3.71 | 2.67 | 5.06 | 10 |
| 2020s | 6.61 | 6 | 7.64 | 3 |
Countries ranked near Azerbaijan
More work & labour data for Azerbaijan
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.3371 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.3373 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.3359 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.68 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.6087 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 7,833 1000 No (2050)
- Population - Est. & Proj. — Rural population 3,207 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 4,946 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 5,076 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 10,021 1000 No (2100)
Frequently asked questions
- What is average hourly labour cost per employee - discontinued in Azerbaijan?
- Average hourly labour cost per employee - discontinued in Azerbaijan was 7.64 in 2023, according to International Labour Organization.
- What is the highest average hourly labour cost per employee - discontinued recorded in Azerbaijan?
- The highest recorded value was 7.64 in 2023.
- What is the lowest average hourly labour cost per employee - discontinued recorded in Azerbaijan?
- The lowest recorded value was 2.44 in 2009.
- How does Azerbaijan rank for average hourly labour cost per employee - discontinued?
- Azerbaijan ranks 49th out of 50 countries with data for 2023.
- Is average hourly labour cost per employee - discontinued rising or falling in Azerbaijan?
- Over the last ten years it is up 123.4%. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures come from International Labour Organization, published as part of Average hourly labour cost per employee - Discontinued. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Data on labour cost is presented, whenever possible, in nominal terms and on the basis of the mean hourly labour cost per employee. Labour cost is the cost incurred by the employer in the employment of labour in a specified reference period. It comprises remuneration for work performed, payments in respect of time paid for but not worked, bonuses and gratuities, the cost of food, drink and other payments in kind, cost of workers' housing borne by employers, employers' social security expenditures, cost to the employer for vocational training, welfare services and miscellaneous items, such as transport of workers, work clothes and recruitment, together with taxes regarded as labour cost. For more information, refer to the Prices, Costs, and Currency Conversions (PRICES) database description.