Key Facts: Armenia Wages
- Country
- Armenia (ARM)
- Continent
- Asia
- Currency
- Armenian dram (AMD)
- Minimum Wage
- ֏431 /hr ($1.14 USD)
- Average Gross Monthly Salary
- ֏303,000 /month
- Average Gross Annual Salary
- ֏3,636,000 /year
- Median Individual Income
- ֏1,800,000 /year
- Standard Work Week
- 40 hours
- Data Source
- Ministry of Labour and Social Affairs of Armenia
- Last Updated
- 2026-02-25
Armenia — Average Salary & Wages
Armenian dram (AMD) Data verified Jan 2026 Sources
The average salary in Armenia is
֏3,636,000 a year
But half of all workers earn less than ֏1,800,000 .
The average is lifted by bonuses and high earners. Most workers earn less than that.
The minimum wage in Armenia is ֏431/hr ($1.14 USD) as of 2026. The average gross monthly salary is ֏303,000 ($802.97 USD). The median monthly income is ֏150,000 ($397.51 USD).
Estimates based on household survey data. Significant urban-rural income gap. Remittances from diaspora supplement many household incomes.
Average nominal monthly wage. Yerevan wages are significantly higher than regional averages. IT sector wages are 2-3x the national average. Net estimated after income tax (20% flat rate) and social contributions.
Minimum Wage Trend
Since 2019, the minimum wage has grown +36% in nominal terms.
• PPP ADJUSTED
In Armenia, the minimum wage has the purchasing power of $2.93/hr in the United States, adjusted for local cost of living using the World Bank PPP conversion factor.
In Context
At minimum wage, a full-time worker in Armenia earns ֏74,705/mo. That is 25% of the average gross salary.
- Monthly (full-time)
- ֏74,705 at min. wage
- Share of avg. salary
- 25% gross, before tax
- USD equivalent
- $197.97/mo monthly
- Nominal growth
- +36% since 2019
Wage Breakdown
- Hourly
- ֏431
- Monthly
- ֏75,000
- Annual
- ֏900,00012 monthly payments
Nվazarin ashkhatavardz (minimum wage). Set by government decree. Applies uniformly across all sectors. Armenia does not mandate a 13th month salary.
Work Week
- Standard
- 40 hrs/wk
- Maximum
- 48 hrs/wk
- Overtime
- 1.5x pay
Labour Code sets standard workweek at 40 hours. Maximum daily working time is 8 hours. Overtime premium at least 50% above regular rate. Night work (22:00-06:00) premium at least 30%. Maximum 4 hours overtime per day, 180 hours per year.
How Armenia Compares
| Metric | Armenia | Asia Avg. | Asia Highest |
|---|---|---|---|
| Min. wage (USD equiv.) | $1.14/hr | $2.61/hr | $11.89/hr (Israel) |
| Avg. salary (USD equiv.) | $802.97/mo | $1,185.31/mo | $4,472.55/mo (Singapore) |
Countries with Similar Minimum Wages
| Country | Min. Wage /hr (USD) |
|---|---|
| Ukraine | $1.15 |
| Namibia | $1.13 |
| Kazakhstan | $1.05 |
| Cape Verde | $1.05 |
| Kiribati | $1.24 |
| Armenia | $1.14 |
Related Wage Comparisons
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Wages tell half the story. See purchasing power, prices, and quality-of-life context for Armenia on our sister site.
Cost of living in Armenia on costofliving.is →Frequently Asked Questions
What is the minimum wage in Armenia?
The minimum wage in Armenia is ֏431/hr (approximately $1.14 USD), effective since 2023-01-01. Nվazarin ashkhatavardz (minimum wage). Set by government decree. Applies uniformly across all sectors. Armenia does not mandate a 13th month salary.
What is the average salary in Armenia?
The average gross monthly salary in Armenia is ֏303,000 (approximately $802.97 USD). Average nominal monthly wage. Yerevan wages are significantly higher than regional averages. IT sector wages are 2-3x the national average. Net estimated after income tax (20% flat rate) and social contributions. Source: Statistical Committee of Armenia (Armstat) (2025).
How many hours is the standard work week in Armenia?
The standard work week in Armenia is 40 hours, with a legal maximum of 48 hours. Overtime is paid at 1.5x the normal rate. Labour Code sets standard workweek at 40 hours. Maximum daily working time is 8 hours. Overtime premium at least 50% above regular rate. Night work (22:00-06:00) premium at least 30%. Maximum 4 hours overtime per day, 180 hours per year.
How has the minimum wage in Armenia changed over time?
The minimum wage in Armenia has changed as follows: ֏55,000 in 2019, ֏68,000 in 2020, ֏68,000 in 2022, ֏75,000 in 2023, ֏75,000 in 2025. This represents 5 recorded adjustments.
What is the minimum wage in Armenia in USD?
The minimum wage in Armenia converts to approximately $1.14/hr in US dollars, based on current exchange rates. Actual purchasing power may differ due to local cost of living.
What is the average salary in Armenia in USD?
The average gross monthly salary in Armenia is approximately $802.97 per month in US dollars, based on current exchange rates. Actual purchasing power may differ due to local cost of living.
How does Armenia's minimum wage compare to the Asia average?
Armenia's minimum wage ranks #22 out of 34 countries with statutory minimum wages in Asia, placing it below the median for Asia.
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