Minimum Wages in Armenia remained unchanged at 55000 AMD/Month in 2018 from 55000 AMD/Month in 2017.

Minimum Wages in Armenia averaged 28000 AMD/Month from 1999 until 2018, reaching an all time high of 55000 AMD/Month in 2015 and a record low of 5000 AMD/Month in 2000. This page provides - Armenia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Minimum Wages in Armenia is expected to be 60000.00 AMD/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Gross Minimum Monthly Wage is projected to trend around 65000.00 AMD/Month in 2020, according to our econometric models.


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Armenia Gross Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
55000.00 55000.00 55000.00 5000.00 1999 - 2018 AMD/Month Yearly
Armenia Labour Last Previous Highest Lowest Unit
Unemployment Rate 17.70 21.90 21.90 6.30 percent [+]
Unemployed Persons 62.20 61.90 128.00 55.60 Thousand [+]
Labor Force Participation Rate 58.20 56.10 65.90 54.80 percent [+]
Wages 179987.00 179415.00 250029.00 99553.00 AMD/Month [+]
Minimum Wages 55000.00 55000.00 55000.00 5000.00 AMD/Month [+]
Population 2.97 2.98 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 162940.00 169341.00 206380.00 102644.00 AMD/Monthly [+]
Employed Persons 1329.00 1172.00 1365.00 391.00 Thousand [+]