Wages in Armenia increased to 228342 AMD/Month in December from 183637 AMD/Month in November of 2020. source: Ministry of Finance and Economy of Armenia

Wages in Armenia averaged 165242.62 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 February of 2021.

Wages in Armenia is expected to be 250000.00 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 2022, according to our econometric models.

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Armenia Average Nominal Wages

Actual Previous Highest Lowest Dates Unit Frequency
228342.00 183637.00 250029.00 99553.00 2010 - 2020 AMD/Month Monthly
Current Prices, NSA

Armenia Labour Last Previous Highest Lowest Unit
Unemployment Rate 17.50 19.80 21.10 6.30 percent [+]
Unemployed Persons 61.30 61.00 128.00 55.60 Thousand [+]
Labor Force Participation Rate 57.60 56.10 65.90 54.80 percent [+]
Wages 228342.00 183637.00 250029.00 99553.00 AMD/Month [+]
Minimum Wages 68000.00 55000.00 68000.00 5000.00 AMD/Month [+]
Population 2.96 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 164899.00 165189.00 206380.00 102644.00 AMD/Month [+]
Employed Persons 809.00 550.00 1892.00 370.00 Thousand [+]


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