Average Annual Salary In Armenia The average monthly salary in Armenia has been subject to gradual change over the years influenced by both domestic economic conditions and global market trends As of recent data the average salary in Armenia hovers around 190 000 Armenian Dram approximately 400 USD but this figure can vary greatly across different industries and regions
The key target of an average annual economic growth of 7 for 2021 2026 set by the Government formed following the results of the 2021 snap parliamentary elections has been maintained averaging 8 15 based on the results of 2021 2024 the annual average monthly nominal salary in Armenia amounted to 287 172 RA drams increasing by 114 445 A person working in Armenia typically earns around 778 000 AMD Salaries range from 196 000 AMD lowest average to 3 460 000 AMD highest average actual maximum salary is higher Salary Variance This is the average salary including housing transport and other benefits Salaries in Armenia vary drastically between different careers
Average Annual Salary In Armenia
Average Annual Salary In Armenia
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Republic of Armenia Friday 28 February 2025 Home Statistics Publicati ns For Respondent About us Statistics that the indicator is summarized on the quarterly half annual and annual basis Indicator Average monthly nominal wages drams 2024 Average monthly nominal wages drams 2024 Average salary in Armenia According to the Armenian Statistical Committee the average salary in Armenia in 2024 is 273 425 drams per month 655 dollars The amount is stated before taxes and other social pension contributions Compared to last year Armenian workers earned 9 3 more The number of officially unemployed in the country exceeds
From 2021 to 2024 the average annual growth rate was 8 15 In 2023 Armenia recorded an 8 3 GDP growth in 2022 12 6 and in 2021 5 8 Pashinyan stated Armenia Average Monthly Nominal Wage data was reported at 353 769 000 AMD in Dec 2024 This records an increase from the previous number of 291 061 000 AMD for Nov 2024 Armenia Average Monthly Nominal Wage data is updated monthly averaging 161 391 000 AMD Median from Jan 2003 to Dec 2024 with 264 observations The data reached an all time high of 353 769 000 AMD in Dec 2024 and a record
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This is stated in the report of the Ministry of Economy of the Republic of Armenia Armenia Economic Prospects January September 2024 In particular in the public sector the average salary in September 2024 was 218 809 drams showing a 7 2 increase while in the private sector it was 303 015 drams a 6 5 increase According to Pashinyan the average annual number of jobs in Armenia in 2024 was 760 555 which represents an increase of 36 6 compared to 2018 and a 5 2 increase compared to 2023 The Prime Minister also noted that by the end of 2024 the average annual nominal salary in Armenia reached 287 172 drams an increase of 66 3 compared to 2018
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