11 Aug

Income Distribution in Armenia, Azerbaijan, and Georgia

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So with all this poverty, how much money are Armenians, Azerbaijanis, and Georgians making?

In Armenia in 2010, the average monthly income was about $200 (mean = 4.74, SD = 1.28).
In Azerbaijan in 2010, the average monthly income was about $300 (mean = 4.17, SD = 1.28).
In Georgia in 2010, the average monthly income was about $150 (mean = 5.42, SD = 1.30).

Between 2009 and 2010, Armenia moved closer to a bell curve of income distribution. In 2009, the vast majority made less than $250 U.S.

In Azerbaijan as well, the distribution is moving closer to a larger middle class.

Georgia remains skewed towards the lower end of income distribution.