Median nominal wage in 2011 November increased to 114, 766 drams or $300

YEREVAN, 17 January. /ARKA/. Median nominal wage in 2011 November increased by 0.8% from October to 114, 766 drams, an equivalent of $300, 221 euros or 9,248 Russian rubles, according to the numbers, released today by the National Statistical Service (NSS). If compared to 2010 November, the median wage was said to have increased by 6.3%.

The highest median wage of 141,300 drams was reported by the southern Syunik province and the lowest wage of 78,200 drams by central Aragatsotn province. In Yerevan it was 124,500 drams. By sectors, the highest salaries were boasted by financial and insurance companies (264,300 drams), information and communications companies (249,800 drams), mining sector (239,300 drams), production and distribution of gas, electricity and steam (152,800 drams), construction sector (150,500 drams) and government bodies (128,400 drams).

The lowest paid were culture and recreation workers (64,300 drams), education sector (78,600 drams), agriculture (79,900 drams) and public catering (82,100 drams) ($1 – 389 drams).-0-

spot_img

POPULAR

Euro continued to decline against the Armenian dram, while the dollar and ruble rose: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 30, 2026, rose by 0.36 points compared to March 27, to 377.54 drams.

Unibank joins the Partnership for Carbon Accounting Financials (PCAF)

Unibank has joined the Partnership for Carbon Accounting Financials (PCAF), reinforcing its commitment to integrating climate considerations into its financial activities and improving transparency around emissions.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (March 23–29)

The week in the Armenian financial market was marked by a combination of fiscal clarifications, regulatory changes, and institutional decisions.

Acba Group invested $45 million in the creation of an AI factory

To spur the development of artificial intelligence infrastructure in Armenia, Acba Bank and Amundi-Acba Asset Management have invested a total of $45 million in Firebird to establish an AI factory and data center.

How Idram and IDBank promote equal opportunities for women and men

Women’s Month is another opportunity to speak about the role of women in society and business, attitudes toward them, leadership, and equal opportunities for every member of society.

LATEST NEWS

spot_imgspot_imgspot_img