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)
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)
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)
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 |
