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

Unibank will provide refunds to bona fide business clients

In light of the decision of the Central Bank of the Republic of Armenia dated April 2, 2026, to reduce risk coefficients for applications from micro, small, and medium-sized enterprises when calculating credit risk, Unibank is reviewing and improving its lending terms.

Euro, USD and ruble drop  against Armenian dram

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 28, 2026, decreased by 0.16 points compared to April 27, to 371.4 drams.

ARKA news agency launches special project about its products and services to celebrate its 30th anniversary

To celebrate its 30th anniversary, ARKA News Agency has launched a new special project dedicated to its products and services.

Armenian authorities expect capital market value to double to 1.3 trillion drams by 2031 – Pashinyan

The capital market in Armenia is projected to grow from 664 billion drams in 2025 to 1.3 trillion drams by 2031, as stated by Prime Minister Nikol Pashinyan while unveiling the election platform of the Civil Contract party.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: 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 April 22, 2026, decreased by 0.21 points compared to April 21, to 372.38 drams.

LATEST NEWS

spot_imgspot_imgspot_img