Wages In Manufacturing in Armenia increased to 161761 AMD/Monthly in October from 155863 AMD/Monthly in September of 2018. Wages In Manufacturing in Armenia averaged 150531.17 AMD/Monthly from 2010 until 2018, reaching an all time high of 206380 AMD/Monthly in December of 2017 and a record low of 102644 AMD/Monthly in January of 2011.
Wages In Manufacturing in Armenia is expected to be 210000.00 AMD/Monthly by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages In Manufacturing in Armenia to stand at 229000.00 in 12 months time. In the long-term, the Armenia Wages In Manufacturing is projected to trend around 242000.00 AMD/Monthly in 2020, according to our econometric models.