Armenia Average Nominal Wages  Forecast


Armenia Average Nominal Wages
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Wages in Armenia is expected to be 188207.82 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 186387.83 in 12 months time. In the long-term, the Armenia Average Nominal Wages is projected to trend around 181760.15 AMD/Month in 2020, according to our econometric models.


Armenia Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 16.5 17 16.8 16.2 16.3 15.6
Unemployed Persons 71.5 69.77 70.04 70.4 70.79 73.41
Labor Force Participation Rate 63.4 60.47 63.16 61.92 59.82 62.53
Wages 187914 187642 187021 186388 185763 181760
Minimum Wages 55000 53780 53780 65000 65000 75000
Population 3 3.01 3.01 3.02 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 179854 179399 178858 178328 177807 174411
Employed Persons 1190 869 857 852 848 845