Minimum Wages in Armenia is expected to be 55000.00 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 60000.00 AMD/Month in 2020, according to our econometric models.


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Armenia Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 15.7 16.9 16.9 17 16 16.6
Unemployed Persons 66.4 68.1 67.9 65.04 67.9 67.6
Labor Force Participation Rate 64 61.3 60.8 61.2 62.4 61.7
Wages 172568 210000 213000 215000 223000 250000
Minimum Wages 55000 55000 60000 60000 60000 60000
Population 2.98 2.95 2.93 2.93 2.93 2.91
Retirement Age Women 63 63 63 63 63 63
Retirement Age Men 63 63 63 63 63 63
Wages In Manufacturing 162092 210000 215000 221000 229000 242000
Employed Persons 1070 853 870 890 915 975