Minimum Wages in Armenia increased to 68000 AMD/Month in 2020 from 55000 AMD/Month in 2019. source: Ministry of Labor and Social Affairs

Minimum Wages in Armenia averaged 30913.04 AMD/Month from 1999 until 2020, reaching an all time high of 68000 AMD/Month in 2020 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. Armenia Gross Minimum Monthly Wage - values, historical data and charts - was last updated on January of 2021.

Minimum Wages in Armenia is expected to reach 60000.00 AMD/Month by the end of 2020, 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 2021, according to our econometric models.

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Armenia Gross Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
68000.00 55000.00 68000.00 5000.00 1999 - 2020 AMD/Month Yearly

Armenia Labour Last Previous Highest Lowest Unit
Unemployment Rate 17.50 19.80 21.10 6.30 percent [+]
Unemployed Persons 60.70 60.20 128.00 55.60 Thousand [+]
Labor Force Participation Rate 57.60 56.10 65.90 54.80 percent [+]
Wages 183637.00 181768.00 250029.00 99553.00 AMD/Month [+]
Minimum Wages 68000.00 55000.00 68000.00 5000.00 AMD/Month [+]
Population 2.97 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 172042.00 166221.00 206380.00 102644.00 AMD/Month [+]
Employed Persons 905.00 1093.00 1892.00 370.00 Thousand [+]