Armenia Armenia - Minimum wages

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NMW Armenia 2020

The national minimum wage increase in Armenia

In 2020, the national minimum wage in Armenia remained fixed at 1,265.7 € per month, that is 15,188 euros per year, taking into account 12 payments per year.

If we look at the minimum salary in Dram, which is the official currency in Armenia, we can see that, this year, it was 680,000 Dram and accordingly, the national minimum wage has been raised 130,000 Dram per month from the previous year, 23.64%. This increase is greater than the CPI of 2019 which was 1.4%, so workers have gained buying power in the last year.

If we look at the ranking of the national minimum wage that we publish, Armenia is in 16 nd place of the 100 of the list.

The National Minimum Wage (NMW) of a country is the minimum amount (lowest salary) per hour, per day, or per month that employers may legally pay to workers.

In the table that follows we show you the progression of the National Minimum Wage Armenia. You can see NMW in other countries in National Minimum Wage 2020 and see all the information about this country in Armenia economy.

Armenia - Minimum wages
DateNat. Curr. NMWNMWNMW
January 2020680,000.01,417.6 $1,265.7 €
December 20191,144.8 $
January 2019550,000.01,137.0 $993.4 €
December 2018113.9 $
January 201855,000.0113.6 $94.8 €
December 2017113.9 $
January 201755,000.0113.7 $107.4 €
December 2016114.5 $
January 201655,000.0113.7 $104.0 €
December 2015115.1 $
January 201555,000.0115.8 $95.2 €
December 2014120.2 $
January 201450,000.0123.3 $89.4 €
December 2013109.9 $
January 201345,000.0111.5 $84.6 €
December 201280.9 $
January 201232,500.084.3 $65.2 €
December 201187.3 $
January 201132,500.089.4 $67.6 €
December 201080.3 $
January 201030,000.079.4 $55.3 €
December 200982.6 $
January 200930,000.097.8 $69.0 €
December 200881.7 $
January 200825,000.082.2 $55.9 €
December 200758.5 $
January 200720,000.055.0 $41.8 €
December 200636.1 $
January 200615,000.033.3 $28.2 €
December 200528.4 $
January 200513,000.026.8 $19.7 €
December 200424.4 $
January 200413,000.023.0 $18.5 €
December 20038.6 $
January 20035,000.08.6 $8.2 €
December 20028.7 $
January 20025,000.08.9 $10.1 €
December 20019.0 $
January 20015,000.09.1 $9.7 €
December 20009.3 $
January 20005,000.0
December 19999.3 $
January 19995,000.0
December 19982.0 $
January 19981,000.0
December 19972.0 $
January 19971,000.0
December 19962.0 $
January 1996830.0
December 19951.2 $
January 1995475.0
Armenia - Minimum wages