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Key Facts: Armenia vs North Korea Wages

Armenia Minimum Wage
֏431/hr ($1.14 USD)
North Korea Minimum Wage
No statutory minimum wage
Armenia Avg. Gross Monthly Salary
֏303,000 /mo ($802.97 USD)
North Korea Avg. Gross Monthly Salary
₩100,000 /mo ($111.11 USD)
Data Sources
Ministry of Labour and Social Affairs of Armenia (2026-02-25), ILO / World Bank / Korea Institute for National Unification (KINU) / NK News (2026-02-25)

Armenia flag Armenia North Korea flag North Korea

Updated 2026-02-25

Armenia flag Armenia

Minimum Wage

֏431 /hr

$1.14 USD

Avg. Gross Salary

֏303,000 /mo

North Korea flag North Korea

No statutory minimum wage

Avg. Gross Salary

₩100,000 /mo

Avg. salary: +623% Armenia vs North Korea

Unlike North Korea, which has no statutory minimum wage, Armenia mandates a wage floor of $1/hr. Average gross salaries diverge further: $803/mo in Armenia versus $111/mo in North Korea, a 7.2:1 ratio. North Korea has the tighter labor market, with unemployment at 3.5% compared to 12.9%.

Armenia's unemployment rate is 12.9% compared to North Korea's 3.5%.

Detailed Comparison

Detailed wage comparison between Armenia and North Korea
Metric Armenia North Korea
Minimum wage /hr ֏431 $1.14 None
Minimum wage /mo ֏75,000 $198.75 None
Minimum wage /yr ֏900,000 $2,385.05 None
Avg. gross salary /mo ֏303,000 /mo $802.97 ₩100,000 /mo $111.11
Avg. net salary /mo ֏242,000 /mo $641.31 ₩90,000 /mo $100
Median individual income /yr ֏1,800,000 /yr $4,770.11 N/A/yr

Percentage differences are based on USD equivalent values. Positive means Armenia is higher.

Work Week

Armenia

40 hrs/wk standard

Max 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.

North Korea

48 hrs/wk standard

The North Korean Labour Law formally sets an 8-hour working day. In practice, many workers are required to spend additional hours in compulsory political study, military training, and 'volunteer' labour campaigns. The actual workweek for state employees varies widely by sector and location. No independent verification of labour conditions is possible.

What This Means for Workers

Standard work weeks differ: Armenia mandates 40 hours while North Korea mandates 48 hours.

See this comparison from North Korea's perspective: North Korea vs Armenia

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Frequently Asked Questions

Is the minimum wage higher in Armenia or North Korea?

In Armenia, the minimum wage is ֏431/hr ($1.14 USD). In North Korea, it is no statutory minimum wage.

How much more does the average worker earn in Armenia compared to North Korea?

The average gross salary in Armenia is ֏303,000/mo ($802.97 USD), compared to ₩100,000/mo ($111.11 USD) in North Korea. In USD terms, workers in Armenia earn approximately 623% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Armenia and North Korea is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Armenia earn more in nominal terms, though how far that income stretches depends on local prices in North Korea.

How do work hours compare between Armenia and North Korea?

North Korea has a longer standard work week at 48 hours, compared to 40 hours in Armenia. Workers in Armenia work 40 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Armenia working fewer hours may have comparable or better effective hourly earnings depending on the wage levels of each country. Total annual compensation depends on both the wage rate and the number of hours required.