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

Moody’s changes the outlook on IDBank’s ratings to positive

Moody’s Ratings has changed the outlook on IDBank’s long-term deposit ratings to positive from stable.

Market capitalization exceeded 426 billion drams in July – Armenia Securities Exchange

Equity market capitalization exceeded 426 billion drams in July 2026, the press service of the Armenia Securities Exchange (AMX) reported.

Head of the Union of Banks of Armenia expects the situation with the acceptance of cash rubles by Armenian banks to be resolved

The situation with the acceptance of Russian cash rubles by Armenian banks will be largely resolved, stated Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Armenia’s total public debt as of June 2026 amounted to $13.9 billion

Armenia's total public debt as of June 30, 2026, amounted to $13,900.932 million, an increase of $8.476 million compared to May 31, 2026, according to a report by the Statistical Committee of Armenia.

Armenia to attract $150 million loan from ADB for budget support

At a meeting on Thursday, the Armenian government approved a $150 million loan agreement with the Asian Development Bank (ADB) under the "Fiscal Sustainability and Financial Market Development – ​​Subprogram 3" program.

LATEST NEWS

spot_imgspot_imgspot_img