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

Acba Bank is a market maker for EBRD bonds in Armenia

Acba Bank will act as a market maker for dram-denominated bonds of the European Bank for Reconstruction and Development (EBRD) on the Armenia Securities Exchange (ASE), ensuring their liquidity in the secondary market, the bank's press service reported.

Governor of the Central Bank of Armenia discussed economic risks and prospects and capital market development with the IMF delegation

On Wednesday, at the opening meeting with the IMF mission delegation to Armenia, led by Alexander Timan, the Governor of the Central Bank of Armenia, Martin Galstyan, discussed recent macroeconomic developments, economic prospects, and key risks.

Central Bank of Armenia raised its interest rate for the first time in over three years, to 6.75%

At its meeting on Tuesday, the Board of the Central Bank of Armenia decided to raise the monetary policy rate by 0.25 percentage points to 6.75%.

Armenia’s health insurance package has not been reduced since the beginning of the year, and services have not become fee-based – Avanesyan

Since January 1, no changes have been made to Armenia's health insurance package that would lead to a reduction in services or the transition of any of them to a fee-based basis, stated RA Health Minister Anahit Avanesyan.

Euro, dollar, and ruble exchange rates against the Armenian dram have increased: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, increased by 0.9 points on September 15, 2026, compared to September 14, to 364.18 drams.

LATEST NEWS

spot_imgspot_imgspot_img