Armenia Average Wages  Forecast


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Wages in Armenia is expected to be 183418.92 AMD/Year 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 182350.70 in 12 months time. In the long-term, the Armenia Average Wages is projected to trend around 179583.02 AMD/Year in 2020, according to our econometric models.


Armenia Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 17.8 16.5 17 16.8 16.8 15.6
Unemployed Persons 73.6 72.64 72.6 72.85 73.19 76.33
Labor Force Participation Rate 60.5 61.32 59.38 60.48 62.82 62.31
Wages 183643 183419 182998 182671 182351 179583
Minimum Wages 55000 65000 53780 53780 53780 75000
Population 3 3.01 3.01 3.01 3.02 3.05
Retirement Age Women 63 63 63 63 63 63
Retirement Age Men 63 63 63 63 63 63
Wages In Manufacturing 178628 179344 179365 178907 178365 173737
Employed Persons 671 769 795 810 820 831