Armenia’s average wage rises 2.4% to 114,719 drams in February

YEREVAN, April 3. /ARKA/. The average nominal wage in Armenia advanced 2.4% to 114,719 ($295, 223 euros or 8,797 rubles) in February from January, according to preliminary estimates compiled by the National Statistical Service of Armenia.
At the same time, wages in Armenia increased by 6.3% in February from the same month a year earlier.
According to the National Statistical Service, the average nominal wage in Armenia was 112, 074 drams in January, 23.6% less than that of December, and 6.5% higher from January 2011.
The highest average nominal wage was recorded in Syunik  region– over 140,000 drams, and the smallest one- in Vayots Dzor region – nearly 78,900 drams. Average nominal wage in Yerevan was amounted to over 112,100 drams in January.
In general, the highest wages were reported in the following spheres : finance and insurance (nearly 281,900 drams), information and communication (nearly 251,800 drams), mining industry (around 242,500 drams), electricity, gas and steam supply (about 155,100 drams), construction works (127,500 drams), and state governance( over 115,100 drams).
The most low-paid spheres in Armenia are culture and recreation, with a wage of nearly 62,300 drams, agriculture,  forestry and fishing- nearly 71,800 drams, education- about 79,100 drams, arrangement  of accommodation and catering – slightly over 86,600 drams. —0–

spot_img

POPULAR

The Power of One Dram and the Armenian State Symphony Orchestra Conclude the Forest Project Launched in Shirak

The Power of One Dram, My Forest Armenia, and the Armenian State Symphony Orchestra have concluded the Symphonic Forest project, launched in Shirak with the goal of planting 20,000 trees.

Armenia to Receive $284.4 Million from IBRD to Provide Housing for IDPs from Artsakh and Develop the Mortgage Market

On Thursday, the Armenian government approved the ratification of a financial agreement and the approval of a grant agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for $284.4 million.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of July 10, 2026, increased by 0.26 points to 367.38 drams.

MONEYVAL recommended Armenia strengthen its fight against money laundering and confiscation of criminal assets

The Council of Europe's Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) noted Armenia's progress in developing its system for combating financial crime, but recommended strengthening the effectiveness of money laundering investigations, asset confiscation, and oversight of certain economic sectors.

Foreign currency supply increasing in Armenia – Central Bank

The supply of foreign currency is growing in Armenia's foreign exchange market, Armen Ktoyan, a member of the Board of the Central Bank of Armenia, stated in an interview with CivilNet.

LATEST NEWS

spot_imgspot_imgspot_img