Wages in Armenia increased to 179623 AMD/Month in May from 179002 AMD/Month in April of 2019. Wages in Armenia averaged 161007.79 AMD/Month from 2010 until 2019, 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.
Wages in Armenia is expected to be 215000.00 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 230000.00 in 12 months time. In the long-term, the Armenia Average Nominal Wages is projected to trend around 250000.00 AMD/Month in 2020, according to our econometric models.