Average monthly earnings of employees in Armenia
Armenia: Average monthly earnings of employees was 167,068 in 2024. ▲ Rising
Average monthly earnings of employees in Armenia, 2016–2024
Source: International Labour Organization.
Analysis
In 2024, average monthly earnings of employees in Armenia stood at 167,068. That is the highest value across all 7 years on record.
The figure is up 5.0% on the previous year and up 67.2% over ten years.
Over the whole period, average monthly earnings of employees in Armenia peaked at 167,068 in 2024 and was at its lowest, 99,931, in 2016.
Armenia ranks 10th of 47 countries on this measure, in the top quarter.
Average monthly earnings of employees in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2016 | 99,931 | — |
| 2017 | 103,505 | +3.6% |
| 2020 | 125,734 | +21.5% |
| 2021 | 130,559 | +3.8% |
| 2022 | 142,819 | +9.4% |
| 2023 | 159,067 | +11.4% |
| 2024 | 167,068 | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 101,718 | 99,931 | 103,505 | 2 |
| 2020s | 145,049 | 125,734 | 167,068 | 5 |
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 monthly earnings of employees in Armenia?
- Average monthly earnings of employees in Armenia was 167,068 in 2024, according to International Labour Organization.
- What is the highest average monthly earnings of employees recorded in Armenia?
- The highest recorded value was 167,068 in 2024.
- What is the lowest average monthly earnings of employees recorded in Armenia?
- The lowest recorded value was 99,931 in 2016.
- How does Armenia rank for average monthly earnings of employees?
- Armenia ranks 10th out of 47 countries with data for 2024.
- Is average monthly earnings of employees rising or falling in Armenia?
- Over the last ten years it is up 67.2%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from International Labour Organization, published as part of Average monthly earnings of employees. Statizoid updates them automatically from the source API.
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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.