Monthly minimum wage (Local currency), per square kilometre in Armenia

Armenia: Monthly minimum wage (Local currency), per square kilometre was 2.66 units per square kilometre in 2023. ◆ Volatile

Latest (2023)
2.66 units per square kilometre
Change on year
up 10.3%
World rank
27th
of 169 countries
All-time high
2.66 units per square kilometre
in 2023
All-time low
0.0167 units per square kilometre
in 1995
Years of data
29
1995–2023

Monthly minimum wage (Local currency), per square kilometre in Armenia, 1995–2023

01231995200920231995: 0.017 units per square kilometre1996: 0.029 units per square kilometre1997: 0.035 units per square kilometre1998: 0.035 units per square kilometre1999: 0.176 units per square kilometre2000: 0.176 units per square kilometre2001: 0.176 units per square kilometre2002: 0.176 units per square kilometre2003: 0.176 units per square kilometre2004: 0.457 units per square kilometre2005: 0.457 units per square kilometre2006: 0.527 units per square kilometre2007: 0.702 units per square kilometre2008: 0.878 units per square kilometre2009: 1.1 units per square kilometre2010: 1.1 units per square kilometre2011: 1.1 units per square kilometre2012: 1.1 units per square kilometre2013: 1.6 units per square kilometre2014: 1.8 units per square kilometre2015: 1.9 units per square kilometre2016: 1.9 units per square kilometre2017: 1.9 units per square kilometre2018: 1.9 units per square kilometre2019: 1.9 units per square kilometre2020: 2.4 units per square kilometre2021: 2.4 units per square kilometre2022: 2.4 units per square kilometre2023: 2.7 units per square kilometre

Source: Statizoid (derived). Measured in units per square kilometre.

Analysis

Armenia recorded 2.66 units per square kilometre for monthly minimum wage (local currency), per square kilometre in 2023. That is the highest value across all 29 years on record.

Compared with earlier readings it is up 10.3% on the previous year and up 68.3% over ten years.

Over the whole period, monthly minimum wage (local currency), per square kilometre in Armenia peaked at 2.66 units per square kilometre in 2023 and was at its lowest, 0.0167 units per square kilometre, in 1995.

That places Armenia 27th out of 169 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.

Monthly minimum wage (Local currency), per square kilometre in Armenia, year by year

Annual values for Monthly minimum wage (Local currency), per square kilometre in Armenia, 1995 to 2023.
Year units per square kilometre Change
1995 0.0167 units per square kilometre
1996 0.0292 units per square kilometre +74.7%
1997 0.0351 units per square kilometre +20.5%
1998 0.0351 units per square kilometre +0.0%
1999 0.1756 units per square kilometre +400.0%
2000 0.1756 units per square kilometre +0.0%
2001 0.1756 units per square kilometre +0.0%
2002 0.1756 units per square kilometre +0.0%
2003 0.1756 units per square kilometre +0.0%
2004 0.4566 units per square kilometre +160.0%
2005 0.4566 units per square kilometre +0.0%
2006 0.5269 units per square kilometre +15.4%
2007 0.7025 units per square kilometre +33.3%
2008 0.8781 units per square kilometre +25.0%
2009 1.05 units per square kilometre +20.0%
2010 1.05 units per square kilometre +0.0%
2011 1.14 units per square kilometre +8.3%
2012 1.14 units per square kilometre +0.0%
2013 1.58 units per square kilometre +38.5%
2014 1.76 units per square kilometre +11.1%
2015 1.93 units per square kilometre +10.0%
2016 1.93 units per square kilometre +0.0%
2017 1.93 units per square kilometre +0.0%
2018 1.93 units per square kilometre +0.0%
2019 1.93 units per square kilometre +0.0%
2020 2.41 units per square kilometre +24.8%
2021 2.41 units per square kilometre +0.0%
2022 2.41 units per square kilometre -0.0%
2023 2.66 units per square kilometre +10.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0583 units per square kilometre 0.0167 units per square kilometre 0.1756 units per square kilometre 5
2000s 0.4777 units per square kilometre 0.1756 units per square kilometre 1.05 units per square kilometre 10
2010s 1.63 units per square kilometre 1.05 units per square kilometre 1.93 units per square kilometre 10
2020s 2.47 units per square kilometre 2.41 units per square kilometre 2.66 units per square kilometre 4

Countries ranked near Armenia

  1. 24 Cape Verde 3.23 units per square kilometre compare
  2. 25 Andorra 2.74 units per square kilometre compare
  3. 26 Saint Vincent and the Grenadines 2.67 units per square kilometre compare
  4. 28 Malta 2.61 units per square kilometre compare
  5. 29 Indonesia 2.59 units per square kilometre compare
  6. 30 Hungary 2.54 units per square kilometre compare

See the full ranking of 169 places →

More work & labour data for Armenia

All data for Armenia →

Frequently asked questions

What is monthly minimum wage (local currency), per square kilometre in Armenia?
Monthly minimum wage (local currency), per square kilometre in Armenia was 2.66 units per square kilometre in 2023, according to Statizoid (derived).
What is the highest monthly minimum wage (local currency), per square kilometre recorded in Armenia?
The highest recorded value was 2.66 units per square kilometre in 2023.
What is the lowest monthly minimum wage (local currency), per square kilometre recorded in Armenia?
The lowest recorded value was 0.0167 units per square kilometre in 1995.
How does Armenia rank for monthly minimum wage (local currency), per square kilometre?
Armenia ranks 27th out of 169 countries with data for 2023.
Is monthly minimum wage (local currency), per square kilometre rising or falling in Armenia?
Over the last ten years it is up 68.3%. 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 square kilometre. Statizoid updates them automatically from the source API.

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Monthly minimum wage (Local currency), per square kilometre in Armenia. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://labour.statizoid.com/stat/monthly-minimum-wage-local-currency-per-square-kilometre/armenia/

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How this figure is calculated

Monthly minimum wage (Local currency) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Monthly minimum wage (Local currency) ÷ Land area (sq. km)

Computed from

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

Indicator
Monthly minimum wage (Local currency), per square kilometre
Unit
units per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
169 places, 3,647 data points, 1980–2023
Last refreshed

Monthly minimum wage (Local currency) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.