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.

Armenia Average Nominal Wages
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Armenia Labour Last Previous Highest Lowest Unit
Unemployment Rate 15.70 17.60 20.70 6.30 percent [+]
Unemployed Persons 66.40 67.00 128.00 55.60 Thousand [+]
Labor Force Participation Rate 64.00 60.70 65.90 58.90 percent [+]
Wages 172568.00 168467.00 250029.00 99553.00 AMD/Month [+]
Minimum Wages 55000.00 55000.00 55000.00 5000.00 AMD/Month [+]
Population 2.98 2.99 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 162092.00 160580.00 206380.00 102644.00 AMD/Monthly [+]
Employed Persons 1070.00 1309.00 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
172568.00 168467.00 250029.00 99553.00 2010 - 2018 AMD/Month Monthly
Current Prices, NSA




Country Last
Argentina 31437.00 Aug/18
Australia 1207.40 Jun/18
Brazil 2222.00 Sep/18
Canada 24.87 Aug/18
China 74318.00 Dec/17
France 2998.00 Dec/15
Germany 3875.00 Jun/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 302743.00 Sep/18
Mexico 351.80 Sep/18
Russia 42000.00 Oct/18
Singapore 5119.00 Jun/18
South Africa 20176.00 Jun/18
South Korea 3457189.00 Jun/18
Spain 1951.81 Jun/18
Switzerland 6260.00 Dec/17
Turkey 2207.00 Dec/14
United Kingdom 524.00 Sep/18
United States 22.89 Oct/18


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