Wages in Armenia increased to 179987 AMD/Month in November from 179415 AMD/Month in October of 2019. Wages in Armenia averaged 162137.94 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 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 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.

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Armenia Average Nominal Wages

Actual Previous Highest Lowest Dates Unit Frequency
179987.00 179415.00 250029.00 99553.00 2010 - 2019 AMD/Month Monthly
Current Prices, NSA


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

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 [+]