Average monthly earnings of employees in Armenia
Armenia: Average monthly earnings of employees was 159,067 in 2023. ◆ Volatile
Average monthly earnings of employees in Armenia, 1998–2023
Source: International Labour Organization.
Analysis
In 2023, average monthly earnings of employees in Armenia stood at 159,067. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 11.4% on the previous year and up 70.5% over ten years.
Over the whole period, average monthly earnings of employees in Armenia peaked at 159,067 in 2023 and was at its lowest, 15,466, in 1998.
That places Armenia 17th out of 99 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Average monthly earnings of employees in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 15,466 | — |
| 1999 | 18,835 | +21.8% |
| 2000 | 21,667 | +15.0% |
| 2001 | 24,483 | +13.0% |
| 2002 | 27,324 | +11.6% |
| 2003 | 34,783 | +27.3% |
| 2004 | 43,445 | +24.9% |
| 2005 | 52,060 | +19.8% |
| 2006 | 62,293 | +19.7% |
| 2007 | 57,953 | -7.0% |
| 2008 | 91,539 | +58.0% |
| 2009 | 101,800 | +11.2% |
| 2010 | 79,081 | -22.3% |
| 2011 | 82,682 | +4.6% |
| 2012 | 88,760 | +7.4% |
| 2013 | 93,307 | +5.1% |
| 2014 | 95,690 | +2.6% |
| 2015 | 100,331 | +4.9% |
| 2016 | 99,931 | -0.4% |
| 2017 | 103,505 | +3.6% |
| 2019 | 119,804 | +15.7% |
| 2020 | 125,734 | +4.9% |
| 2021 | 130,559 | +3.8% |
| 2022 | 142,819 | +9.4% |
| 2023 | 159,067 | +11.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17,150 | 15,466 | 18,835 | 2 |
| 2000s | 51,735 | 21,667 | 101,800 | 10 |
| 2010s | 95,899 | 79,081 | 119,804 | 9 |
| 2020s | 139,545 | 125,734 | 159,067 | 4 |
Countries ranked near Armenia
- 14 Venezuela, Bolivarian Republic of 271,673 compare
- 15 Myanmar 187,873 compare
- 16 Senegal 169,276 compare
- 18 Côte d'Ivoire 128,952 compare
- 19 Burkina Faso 123,468 compare
- 20 Angola 111,867 compare
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 monthly earnings of employees in Armenia?
- Average monthly earnings of employees in Armenia was 159,067 in 2023, according to International Labour Organization.
- What is the highest average monthly earnings of employees recorded in Armenia?
- The highest recorded value was 159,067 in 2023.
- What is the lowest average monthly earnings of employees recorded in Armenia?
- The lowest recorded value was 15,466 in 1998.
- How does Armenia rank for average monthly earnings of employees?
- Armenia ranks 17th out of 99 countries with data for 2023.
- Is average monthly earnings of employees rising or falling in Armenia?
- Over the last ten years it is up 70.5%. 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 monthly earnings of employees (15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. The earnings of employees relate to the gross remuneration in cash and in kind paid to employees, as a rule at regular intervals, for time worked or work done together with remuneration for time not worked, such as annual vacation, other type of paid leave or holidays. Earnings exclude employers' contributions in respect of their employees paid to social security and pension schemes and also the benefits received by employees under these schemes. Earnings also exclude severance and termination pay. For more information, refer to the Wages and Working Time Statistics (COND) database description.