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

“The Golden Hour”: IDBank explains how to respond effectively to a scam attack

In medicine, there is a concept known as the “golden hour” – the critical time after an injury when assistance is most effective.

Net inflow of remittances to Armenia from abroad doubled over 8 months

The net inflow of cross-border remittances to individuals in Armenia, received from abroad via the banking system of the Republic of Armenia, totaled $1.8 billion in January–August 2026, compared to $889.3 million in January–August 2025, according to a report by the republic's Central Bank.

Pensions, benefits, and cashback: Armenian government allocates 40.8 billion drams for these purposes

At its meeting on Thursday, the Armenian government decided to allocate 40.8 billion drams to fund pension and social payments for the fourth quarter of 2026.

Donate Blood, Save Lives: Idram&IDBank

To support the replenishment of necessary blood supplies and promote a culture of blood donation, Idram and IDBank have joined the voluntary blood donation initiative organized by the Yeolyan Hematology and Oncology Center.       

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 5–11)

Armenia’s financial agenda last week covered inflation trends, capital market activity, new bank bond issuances, and cross-border remittances.

LATEST NEWS

spot_imgspot_imgspot_img