Median gross salary of Armenia’s financial workers grew by 12.5 percent in October to 343,730 drams

YEREVAN, January 10. / ARKA /. According to preliminary data, the median gross wage in Armenia in November 2013 was 150,960 drams ($373 or 12,204 Russian rubles), which was 0.1 % less than in October, the National Statistical Service said.

The median gross salary of financial and insurance sectors, which are the highest paid sectors in the country, increased by 12.5% in 2013 October from the year before to o 341,730 drams. High salaries were reported also by information and communication sectors – 312,400 drams and mining industry – about 304.100 drams.

The lowest paid employees were in culture, entertainment and leisure sectors with more than 90,000 drams salary, as well as the education sector – 102,600 drams. The median gross wage of other sectors was 103,170 drams.

The median gross monthly wage in October 2013 was 151,117 drams, which was 2.2 % more than in September 2013 and 6% more than in October 2012.

The highest median gross monthly wage in October 2013 was registered in the southern Syunik region, home to many mining companies – more than 185,776 drams and the lowest paid jobs were in the Aragatsotn region – about 104,722 drams.

In Yerevan, the median gross wage in October amounted to more than 164,364 drams. ($1 – 406.61)

spot_img

POPULAR

Net non-commercial remittances in Armenia accelerated to 16% in April – WB

Net non-commercial remittances in Armenia increased by 16% year-on-year in April from a low base in 2025, according to the World Bank's "Armenia Monthly Economic Update – June 2026."

Armenia’s GDP growth forecast is around 5.4-5.6% in the medium term: Finance Minister

The Armenian government forecasts stable economic growth of 5.4-5.6% annually in the medium term, stated RA Finance Minister Vahe Hovhannisyan.

Head of Central Bank allowed for a reduction in loan rates in Armenia, but with a caveat

Interest rates on loans in Armenia may decrease if favorable inflation and geopolitical conditions persist, stated Martin Galstyan, Chairman of the Central Bank of Armenia, on Public Television.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 24, 2026, fell by 0.15 points compared to June 23, to 367.93 drams.

Institute of Theater and Cinematography has implemented the latest video editing software

A new stage of development has begun at the Yerevan State Institute of Theater and Cinematography.

LATEST NEWS

spot_imgspot_imgspot_img