Armenia Average Wages  Forecast


Wages in Armenia is expected to be 190808.95 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 188852.87 in 12 months time. In the long-term, the Armenia Average Wages is projected to trend around 191562.06 AMD/Year in 2020, according to our econometric models.

Armenia Average Wages
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Armenia Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 19 16.2 16.5 17 16.8 15.6
Unemployed Persons 75.5 74.22 73.32 72.97 72.84 72.76
Labor Force Participation Rate 58.9 62.57 60.64 58.82 60.08 60.84
Wages 183643 190809 192996 186065 188853 191562
Minimum Wages 55000 65000 65000 55018 55001 75000
Population 3 3 3 3 3 2.99
Retirement Age Women 63 63 63 63 63 63
Retirement Age Men 63 63 63 63 63 63
Employed Persons 636 740 728 731 731 731
Wages In Manufacturing 157254 178184 179981 176478 173541 175831