Average hourly labour cost per employee - Discontinued in Armenia
Armenia: Average hourly labour cost per employee - Discontinued was 1,377 in 2018. ◆ Volatile
Average hourly labour cost per employee - Discontinued in Armenia, 2011–2018
Source: International Labour Organization.
Analysis
In 2018, average hourly labour cost per employee - discontinued in Armenia stood at 1,377.
The figure is up 9.5% on the previous year and down 99.0% over ten years.
Armenia ranks 10th of 50 countries on this measure, in the top quarter.
Average hourly labour cost per employee - Discontinued in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 133,837 | — |
| 2012 | 139,603 | +4.3% |
| 2013 | 1,096 | -99.2% |
| 2014 | 1,118 | +2.0% |
| 2015 | 1,231 | +10.1% |
| 2016 | 1,229 | -0.1% |
| 2017 | 1,258 | +2.3% |
| 2018 | 1,377 | +9.5% |
Armenia compared with similar countries
- Armenia's 1,377 is above the median for Europe & Central Asia, which is 45.65, 30.2× the median. (38 countries reporting)
- Armenia's 1,377 is above the median for upper middle income countries, which is 834.5, 1.7× the median. (12 countries reporting)
Countries ranked near Armenia
More work & labour data for Armenia
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7088 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.6966 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.721 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.13 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.0634 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 2,005 1000 No (2050)
- Population - Est. & Proj. — Rural population 695.21 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 854.22 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 837.98 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 1,692 1000 No (2100)
Frequently asked questions
- What is average hourly labour cost per employee - discontinued in Armenia?
- Average hourly labour cost per employee - discontinued in Armenia was 1,377 in 2018, according to International Labour Organization.
- What is the highest average hourly labour cost per employee - discontinued recorded in Armenia?
- The highest recorded value was 139,603 in 2012.
- What is the lowest average hourly labour cost per employee - discontinued recorded in Armenia?
- The lowest recorded value was 1,096 in 2013.
- How does Armenia rank for average hourly labour cost per employee - discontinued?
- Armenia ranks 10th out of 50 countries with data for 2018.
- Is average hourly labour cost per employee - discontinued rising or falling in Armenia?
- Over the last ten years it is down 99.0%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from International Labour Organization, published as part of Average hourly labour cost per employee - Discontinued. Statizoid updates them automatically from the source API.
Download this data
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About this data
Data on labour cost is presented, whenever possible, in nominal terms and on the basis of the mean hourly labour cost per employee. Labour cost is the cost incurred by the employer in the employment of labour in a specified reference period. It comprises remuneration for work performed, payments in respect of time paid for but not worked, bonuses and gratuities, the cost of food, drink and other payments in kind, cost of workers' housing borne by employers, employers' social security expenditures, cost to the employer for vocational training, welfare services and miscellaneous items, such as transport of workers, work clothes and recruitment, together with taxes regarded as labour cost. For more information, refer to the Prices, Costs, and Currency Conversions (PRICES) database description.