Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Armenia Wages: Minimum and Average

Armenia Wages Data

Indicator Data Period
Minimum Wages 68000 AMD/Month | 169.384 USD/Month 2022
Wages 239631 AMD/Month | 596.906 USD/Month Jul/22
Wages in Manufacturing 182026 AMD/Monthl | 453.416 USD/Month Mar/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 remained unchanged at 68000 AMD/Month (169.384 USD/Month) in 2022. 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
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 239631 AMD/Month (596.906 USD/Month) in July 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
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
197577 Apr/21 12.06.2021
198130 Mar/21 05.05.2021
188545 Feb/21 27.03.2021


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 182026 AMD/Monthl (453.416 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
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
165090 Feb/21 10.04.2021
186392 Dec/20 24.02.2021
164899 Nov/20 06.02.2021


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 1Q/22 14.8 % 14.5
Labor Force Participation Rate 4Q/21 58.5 % 59.8

Wages in other countries

Country Updated Actual Previous
Bangladesh 2017 141.581 USD/Month 137.726
Kyrgyzstan Jul/22 338.649 USD/Month 362.146
Mongolia 4Q/21 505.031 USD/Month 468.857
Tajikistan Jun/22 195.016 USD/Month 168.836
China 2021 1258.813 USD/Month 1147.374
Georgia 2Q/22 552.33 USD/Month 518.638
India 2014 115.31 USD/Month 108.53
Israel Jun/22 3426.283 USD/Month 3427.696
South Korea 2Q/22 2777.423 USD/Month 3184.907
Taiwan Jul/22 1850.196 USD/Month 1675.433
Vietnam 2Q/22 314.186 USD/Month 268.105
Armenia Jul/22 596.906 USD/Month 585.856
Hong Kong 2Q/22 2206.437 USD/Month 2184.271
Japan Jul/22 3047.639 USD/Month 3894.393
Kazakhstan Aug/22 682.377 USD/Month 666.757
Macau 4Q/21 1946.423 USD/Month 1996.332
Malaysia 2020 632.89 USD/Month 695.682
Philippines 2016 200.58 USD/Month 189.61
Singapore 2Q/22 4097.12 USD/Month 4653.493
Thailand 2Q/22 410.468 USD/Month 177.323
Azerbaijan Jul/22 488.824 USD/Month 486.471
Bahrain 3Q/21 2074.722 USD/Month 2082.671
Uzbekistan 2021 291.595 USD/Month 242.437
Mauritius 2021 738.839 USD/Month 733.83