Wages in Armenia decreased to 0 AMD/Month in June from 197298 AMD/Month in May of 2021. source: Ministry of Finance and Economy of Armenia

Wages in Armenia averaged 165053.16 AMD/Month from 2010 until 2021, reaching an all time high of 250029 AMD/Month in December of 2017 and a record low of 0 AMD/Month in June of 2021. 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 August 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. 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
0.00 197298.00 250029.00 0.00 2010 - 2021 AMD/Month Monthly
Current Prices, NSA

Armenia Labour Last Previous Highest Lowest Unit
Unemployment Rate 17.00 16.00 21.10 6.30 percent [+]
Unemployed Persons 62.00 62.40 128.00 55.60 Thousand [+]
Labor Force Participation Rate 56.20 56.70 65.90 54.80 percent [+]
Wages 0.00 197298.00 250029.00 0.00 AMD/Month [+]
Minimum Wages 68000.00 55000.00 68000.00 5000.00 AMD/Month [+]
Population 2.96 2.96 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 173287.00 173287.00 206380.00 102644.00 AMD/Month [+]
Employed Persons 779.00 553.00 1892.00 370.00 Thousand [+]


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