Wages in Armenia decreased to 180929 AMD/Month in August from 187280 AMD/Month in July of 2019. Wages in Armenia averaged 161565.59 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 223000.00 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.

Armenia Average Nominal Wages
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Armenia Labour Last Previous Highest Lowest Unit
Unemployment Rate 17.70 21.90 21.90 6.30 percent [+]
Unemployed Persons 62.00 63.10 128.00 55.60 Thousand [+]
Labor Force Participation Rate 58.20 56.10 65.90 54.80 percent [+]
Wages 180929.00 187280.00 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 169778.00 164382.00 206380.00 102644.00 AMD/Monthly [+]
Employed Persons 1189.00 958.00 1365.00 391.00 Thousand [+]


Armenia Average Nominal Wages

In Armenia, wages are benchmarked using the average monthly nominal salary. This page provides - Armenia Average Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Average Nominal Wages - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
180929.00 187280.00 250029.00 99553.00 2010 - 2019 AMD/Month Monthly
Current Prices, NSA




Country Last Previous
Argentina 60851.00 Jun/19
Australia 1237.90 Jun/19
Brazil 2298.00 Aug/19
Canada 25.54 Jul/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3997.00 Jun/19
India 272.19 Dec/14
Italy 2467.00 Dec/18
Japan 305988.00 Aug/19
Mexico 379.67 Aug/19
Russia 45100.00 Aug/19
Singapore 5225.00 Jun/19
South Africa 21432.00 Jun/19
South Korea 3585588.00 Jun/19
Spain 1992.18 Jun/19
Switzerland 6291.00 Dec/18
United Kingdom 542.00 Jul/19
United States 23.65 Sep/19


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