Wages In Manufacturing in Armenia increased to 177218 AMD/Monthly in May from 165170 AMD/Monthly in April of 2019. Wages In Manufacturing in Armenia averaged 151591.83 AMD/Monthly from 2010 until 2019, reaching an all time high of 206380 AMD/Monthly in December of 2017 and a record low of 102644 AMD/Monthly in January of 2011.
Wages In Manufacturing in Armenia is expected to be 229000.00 AMD/Monthly by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages In Manufacturing in Armenia to stand at 235000.00 in 12 months time. In the long-term, the Armenia Wages In Manufacturing is projected to trend around 242000.00 AMD/Monthly in 2020, according to our econometric models.