Wages in Armenia increased to 191991 AMD/Month in July from 182200 AMD/Month in June of 2020.

Wages in Armenia averaged 164149.39 AMD/Month from 2010 until 2020, reaching an all time high of 250029 AMD/Month in December of 2017 and a record low of 99553 AMD/Month in January of 2010. This page provides - Armenia Average Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Average Nominal Wages - values, historical data and charts - was last updated on September of 2020.

Wages in Armenia is expected to be 230000.00 AMD/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Armenia to stand at 250000.00 in 12 months time. In the long-term, the Armenia Average Nominal Wages is projected to trend around 250000.00 AMD/Month in 2021, according to our econometric models.

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Armenia Average Nominal Wages

Actual Previous Highest Lowest Dates Unit Frequency
191991.00 182200.00 250029.00 99553.00 2010 - 2020 AMD/Month Monthly
Current Prices, NSA

Armenia Labour Last Previous Highest Lowest Unit
Unemployment Rate 19.80 17.10 21.10 6.30 percent [+]
Unemployed Persons 60.00 60.20 128.00 55.60 Thousand [+]
Labor Force Participation Rate 56.60 60.10 65.90 54.80 percent [+]
Wages 191991.00 182200.00 250029.00 99553.00 AMD/Month [+]
Minimum Wages 68000.00 55000.00 68000.00 5000.00 AMD/Month [+]
Population 2.97 2.97 3.63 1.87 Million [+]
Retirement Age Women 63.00 63.00 63.00 63.00 [+]
Retirement Age Men 63.00 63.00 63.00 63.00 [+]
Wages In Manufacturing 154326.00 167396.00 206380.00 102644.00 AMD/Month [+]
Employed Persons 913.00 898.00 1892.00 370.00 Thousand [+]


Armenia Average Nominal Wages
In Armenia, wages are benchmarked using the average monthly nominal salary.