Wages in Armenia increased to 172568 AMD/Month in September from 168467 AMD/Month in August of 2018. Wages in Armenia averaged 159664.20 AMD/Month from 2010 until 2018, 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 210000.00 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 223000.00 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.