Median monthly earnings of employees in Armenia

Armenia: Median monthly earnings of employees was 140,000 in 2023. ▲ Rising

Latest (2023)
140,000
Change on year
up 16.7%
World rank
7th
of 49 countries
All-time high
140,000
in 2023
All-time low
50,000
in 2007
Years of data
14
2007–2023

Median monthly earnings of employees in Armenia, 2007–2023

050.0k100.0k150.0k2007201520232007: 50.0k2010: 70.0k2011: 70.0k2012: 75.0k2013: 80.0k2014: 80.0k2015: 80.0k2016: 82.5k2017: 82.5k2019: 100.0k2020: 105.0k2021: 120.0k2022: 120.0k2023: 140.0k

Source: International Labour Organization.

Analysis

The most recent figure for median monthly earnings of employees in Armenia is 140,000, measured in 2023. That is the highest value across all 14 years on record.

The figure is up 16.7% on the previous year and up 75.0% over ten years.

Over the whole period, median monthly earnings of employees in Armenia peaked at 140,000 in 2023 and was at its lowest, 50,000, in 2007.

That places Armenia 7th out of 49 countries with data for 2023, putting it in the top quarter.

The long-run direction has been consistently rising across the 14 years of available data.

Median monthly earnings of employees in Armenia, year by year

Annual values for Median monthly earnings of employees in Armenia, 2007 to 2023.
Year Value Change
2007 50,000
2010 70,000 +40.0%
2011 70,000 +0.0%
2012 75,000 +7.1%
2013 80,000 +6.7%
2014 80,000 +0.0%
2015 80,000 +0.0%
2016 82,500 +3.1%
2017 82,500 +0.0%
2019 100,000 +21.2%
2020 105,000 +5.0%
2021 120,000 +14.3%
2022 120,000 +0.0%
2023 140,000 +16.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 50,000 50,000 50,000 1
2010s 80,000 70,000 100,000 9
2020s 121,250 105,000 140,000 4

Countries ranked near Armenia

  1. 4 Cambodia 1.00 million compare
  2. 5 Chile 500,000 compare
  3. 6 Costa Rica 482,882 compare
  4. 8 Sri Lanka 41,152 compare
  5. 9 Rwanda 35,000 compare
  6. 10 Switzerland 7,404 compare

See the full ranking of 49 places →

More work & labour data for Armenia

All data for Armenia →

Frequently asked questions

What is median monthly earnings of employees in Armenia?
Median monthly earnings of employees in Armenia was 140,000 in 2023, according to International Labour Organization.
What is the highest median monthly earnings of employees recorded in Armenia?
The highest recorded value was 140,000 in 2023.
What is the lowest median monthly earnings of employees recorded in Armenia?
The lowest recorded value was 50,000 in 2007.
How does Armenia rank for median monthly earnings of employees?
Armenia ranks 7th out of 49 countries with data for 2023.
Is median monthly earnings of employees rising or falling in Armenia?
Over the last ten years it is up 75.0%. 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 Median monthly earnings of employees. Statizoid updates them automatically from the source API.

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Median monthly earnings of employees in Armenia. Statizoid, drawing on International Labour Organization. Retrieved 09 September 2026, from https://labour.statizoid.com/stat/median-monthly-earnings-of-employees/armenia/

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About this data

Indicator
Median monthly earnings of employees
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
49 places, 793 data points, 1996–2025
Last refreshed

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. The median is the middle value, with half of employees earning less and half earning more. For more information, refer to the Wages and Working Time Statistics (COND) database description.