Sun, 9 November
18.1 C
Yerevan
USD: 382.54 RUB: 4.73 EUR: 441.83 GEL: 141.43 GBP: 501.40

Median salary in Armenia’s financial sector shrinks 10.5% to AMD 526,800 in December

YEREVAN, March 4. /ARKA/. The median salary in Armenia’s financial sector, which is singled out for highest paid jobs, shrank 10.5% in December 2014, compared with December 2013, to 526,797 drams, the National Statistical Service of Armenia reports.

The median salary in mining sector was 458,900 drams, and information and communications sector- 387,700 drams.

The lowest paid jobs were in services -about 119,400 drams, hotels and catering – 122,300 drams,  education – 134,900 drams, culture and entertainment – 141,700 drams,  and agriculture, forestry and fisheries -144,400 drams.

In 2014 December the median gross salary was 215,986 drams that was about 23.2% more than in 2014 November and 10.7% more than in December 2013.

The highest median gross monthly salary in December 2014 was reported by the southern province of Syunik – about 276,100 drams, and the lowest-paid salary was in the central Aragatsotn province – about 149,700 drams. In the capital city Yerevan it was 234,700 drams.

The median gross salary in Armenia in January 2015 was 173,121 drams ($364 dollars or 23,363 Russian rubles), which was 19.8% less than in 2014 December, according to the latest data, released today by the National Statistical Service.  ($ 1 – 478.57drams). —-0—-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img