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Armenia Wages: Minimum and Average

Armenia Wages Data

Indicator Data Period
Minimum Wages 75000 AMD/Month | 189.64 USD/Month 2023
Wages 247989 AMD/Month | 627.048 USD/Month Nov/22
Wages in Manufacturing 201598 AMD/Monthl | 509.747 USD/Month Oct/22


Latest data on Minimum Wages (AMD/Month)

Minimum Wages
                     Armenia - Historical Data (AMD/Month)

What is minimum wage in Armenia?

  • Minimum Wages in Armenia increased to 75000 AMD/Month (189.64 USD/Month) in 2023. The maximum rate of minimum wage for employees was 68000 AMD/Month and minimum was 5000 AMD/Month.
  • Data published Yearly by Ministry of Labor and Social Affairs.

Historical Data (AMD/Month) by years

Data
Period
Date
75000 2023 09.01.2023
68000 2022 30.05.2022
68000 2021 25.08.2021
68000 2020 04.03.2020
55000 2018 20.08.2018
55000 2017 11.08.2017


Historical Chart by presidents (AMD/Month)

Minimum Wages in Armenia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Serzh Sargsyan 09.04.2008 - 09.04.2018 55000.0000 55000.0000 55000.0000 55000.0000 0.00%


Latest data on Wages (AMD/Month)

Wages
                     Armenia - Historical Data (AMD/Month)

What is average wage in Armenia?

  • Average Wages in Armenia increased to 247989 AMD/Month (627.048 USD/Month) in November 2022. The maximum rate of average wage for employees was 250029 AMD/Month and minimum was 99553 AMD/Month.
  • Data published Monthly by Ministry of Finance and Economy.

Historical Data (AMD/Month) by years

Data
Period
Date
247989 Nov/22 23.01.2023
236742 Sep/22 15.11.2022
239742 Aug/22 18.10.2022
239631 Jul/22 10.09.2022
227173 Mar/22 30.05.2022
206297 Jul/21 18.09.2021
0 Jun/21 31.07.2021
197298 May/21 10.07.2021


Historical Chart by presidents (AMD/Month)

Wages in Armenia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Armen Sarkissian 09.04.2018 - 176306.0000 163504.0000 176306.0000 163504.0000 -7.26%
Serzh Sargsyan 09.04.2008 - 09.04.2018 183643.0000 198944.0000 240277.0000 183643.0000 8.33%


Latest data on Wages in Manufacturing (AMD/Monthl)

Wages in Manufacturing
                     Armenia - Historical Data (AMD/Monthl)

How much is average wage in manufacturing in Armenia?

  • Average wages in manufacturing sector in Armenia increased to 201598 AMD/Monthl (509.747 USD/Month). The maximum level was 206380 AMD/Monthl and minimum was 102644 AMD/Monthl.
  • Data published Monthly by National Statistical Service.

Historical Data (AMD/Monthl) by years

Data
Period
Date
201598 Oct/22 27.01.2023
195168 Sep/22 21.11.2022
193251 Aug/22 18.10.2022
182026 Mar/22 30.05.2022
183541 Jun/21 24.08.2021
173287 May/21 10.07.2021
173287 Apr/21 12.06.2021
167215 Mar/21 05.05.2021


Historical Chart by presidents (AMD/Monthl)

Wages in Manufacturing in Armenia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other labor indicators in Armenia

Index Updated Actual Previous
Retirement Age Men 2022 63 63
Unemployment Rate 3Q/22 11.6 % 13
Labor Force Participation Rate 3Q/22 60.9 % 58.8

Wages in other countries

Country Updated Actual Previous
Bangladesh 2017 141.581 USD/Month 137.726
Kyrgyzstan Nov/22 334.585 USD/Month 331.73
Mongolia 2Q/22 542.259 USD/Month 509.245
Tajikistan Sep/22 177.405 USD/Month 158.028
China 2021 1325.14 USD/Month 1207.829
Georgia 3Q/22 606.464 USD/Month 585.932
India 2014 115.31 USD/Month 108.53
Israel Oct/22 3575.879 USD/Month 3550.378
South Korea 3Q/22 3466.543 USD/Month 3193.976
Taiwan Nov/22 1720.525 USD/Month 1697.218
Vietnam 4Q/22 289.964 USD/Month 285.7
Armenia Nov/22 627.048 USD/Month 599.037
Hong Kong 3Q/22 2227.776 USD/Month 2208.395
Japan Nov/22 2508.823 USD/Month 2440.828
Kazakhstan Dec/22 680.929 USD/Month 680.929
Macau 4Q/22 1936.132 USD/Month 1737.555
Malaysia 2021 711.908 USD/Month 687.529
Philippines 2016 200.58 USD/Month 189.61
Singapore 3Q/22 4434.583 USD/Month 4473.604
Thailand 3Q/22 462.877 USD/Month 468.719
Azerbaijan Nov/22 488.235 USD/Month 487.059
Bahrain 3Q/22 2148.541 USD/Month 2143.236
Uzbekistan 2021 285.823 USD/Month 237.638
Mauritius 2021 764.095 USD/Month 758.914