Armenia’s finance and insurance companies boast highest gross median monthly salary

YEREVAN, December 3. / ARKA /. Armenia’s finance and insurance companies boasted the highest median gross monthly salary in September 2014 – 353,383 drams- a 1.7 percent rise form the same time span in 2013, according to the latest numbers, released today by the National Statistical Service (NSS).

The second and third highest gross monthly salaries were reported by IT and communications companies -329,600 drams and the mining industry -320,100 drams.

According to the NSS, the lowest paid sectors were services -about 108,000 drams, culture, entertainment and recreation – 110,500 drams, hotels and catering – about 110,900 drams, education – 110,900 drams, agriculture, forestry and fisheries -113,500 drams.

In September 2014 the median gross salary in the country was 172,347 drams, or about 0.8% more than in August and 8.6% more than in 2013 September.

The highest median gross monthly salary in September 2014 was in the southern Syunik region, which is home to many mining companies – about 201,000 drams, while the lowest-paid jobs were in central Aragatsotn region – about 120,400 drams.

In Yerevan, the average gross wage in September was about 187,500 drams. According to preliminary estimates of the NSS, the average gross monthly salary in October 2014 was 173,552 drams ($423s or 17,338 Russian rubles), which was 0.7% more than in September. ($ 1 – 442.33 drams). – 0-

spot_img

POPULAR

State Revenue Committee of Armenia discussed tax regulation of crypto assets with market participants

The State Revenue Committee of Armenia held a discussion with market participants on tax regulation of the cryptocurrency sector, the press service of the State Revenue Committee of Armenia reported.

Armenia’s insurance market is undervalued but has significant growth potential: Deputy Governor of the Central Bank

Armenia's economy maintains high growth rates and macroeconomic stability, creating a favorable environment for insurance development, said Deputy Governor of the Central Bank of Armenia Armen Nurbekyan.

Average exchange rate of the Armenian dram to the US dollar in May was 4.7% lower than a year ago

In May 2026, the average exchange rate of the Armenian dram to the US dollar was 368.5 drams, compared to 386.6 drams in May 2025, according to data from the Statistical Committee of Armenia.

Euro and dollar exchange rates against the Armenian dram have increased again, while the ruble has weakened again: 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 June 2, 2026, increased by 0.18 points compared to June 1, reaching 368.53 drams.

Customer Appreciation Day in Gyumri: IDBank

This time, IDBank’s Customer Appreciation Day, filled with surprises and gratitude, was held at the Bank’s Gyumri branch. Bringing this now traditional event to the regions is part of the Bank’s commitment to staying closer to its customers.

LATEST NEWS

spot_imgspot_imgspot_img