Monthly minimum wage (Local currency), per capita in Armenia
Armenia: Monthly minimum wage (Local currency), per capita was 0.0247 units per person in 2024. ◆ Volatile
Monthly minimum wage (Local currency), per capita in Armenia, 1995–2024
Source: Statizoid (derived). Measured in units per person.
Analysis
In 2024, monthly minimum wage (local currency), per capita in Armenia stood at 0.0247 units per person.
The figure is down 2.3% on the previous year and up 49.0% over ten years.
Over the whole period, monthly minimum wage (local currency), per capita in Armenia peaked at 0.0253 units per person in 2023 and was at its lowest, 0.0001 units per person, in 1995.
That places Armenia 26th out of 170 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Monthly minimum wage (Local currency), per capita in Armenia, year by year
| Year | units per person | Change |
|---|---|---|
| 1995 | 0.0001 units per person | — |
| 1996 | 0.0003 units per person | +76.3% |
| 1997 | 0.0003 units per person | +21.7% |
| 1998 | 0.0003 units per person | +1.2% |
| 1999 | 0.0016 units per person | +406.5% |
| 2000 | 0.0016 units per person | -1.7% |
| 2001 | 0.0016 units per person | +0.3% |
| 2002 | 0.0016 units per person | +0.4% |
| 2003 | 0.0016 units per person | +0.5% |
| 2004 | 0.0041 units per person | +161.4% |
| 2005 | 0.0041 units per person | +0.6% |
| 2006 | 0.0048 units per person | +16.1% |
| 2007 | 0.0064 units per person | +34.2% |
| 2008 | 0.0081 units per person | +25.8% |
| 2009 | 0.0098 units per person | +20.8% |
| 2010 | 0.0099 units per person | +0.7% |
| 2011 | 0.0107 units per person | +8.9% |
| 2012 | 0.0107 units per person | +0.1% |
| 2013 | 0.0149 units per person | +38.6% |
| 2014 | 0.0166 units per person | +11.4% |
| 2015 | 0.0183 units per person | +10.3% |
| 2016 | 0.0184 units per person | +0.4% |
| 2017 | 0.0185 units per person | +0.4% |
| 2018 | 0.0185 units per person | +0.4% |
| 2019 | 0.0186 units per person | +0.2% |
| 2020 | 0.023 units per person | +23.7% |
| 2021 | 0.023 units per person | -0.0% |
| 2022 | 0.0229 units per person | -0.2% |
| 2023 | 0.0253 units per person | +10.5% |
| 2024 | 0.0247 units per person | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0005 units per person | 0.0001 units per person | 0.0016 units per person | 5 |
| 2000s | 0.0044 units per person | 0.0016 units per person | 0.0098 units per person | 10 |
| 2010s | 0.0155 units per person | 0.0099 units per person | 0.0186 units per person | 10 |
| 2020s | 0.0238 units per person | 0.0229 units per person | 0.0253 units per person | 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 monthly minimum wage (local currency), per capita in Armenia?
- Monthly minimum wage (local currency), per capita in Armenia was 0.0247 units per person in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), per capita recorded in Armenia?
- The highest recorded value was 0.0253 units per person in 2023.
- What is the lowest monthly minimum wage (local currency), per capita recorded in Armenia?
- The lowest recorded value was 0.0001 units per person in 1995.
- How does Armenia rank for monthly minimum wage (local currency), per capita?
- Armenia ranks 26th out of 170 countries with data for 2024.
- Is monthly minimum wage (local currency), per capita rising or falling in Armenia?
- Over the last ten years it is up 49.0%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Monthly minimum wage (Local currency) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Monthly minimum wage (Local currency) ÷ Population, total
Computed from
- Monthly minimum wage International Labour Organization
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Monthly minimum wage (Local currency) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.