Average monthly salary in Armenia reaches 275k AMD in June 2024
YEREVAN, September 3. /ARKA/. The average monthly salary in Armenia as of June 2024 was 275,654 drams, marking a 3% increase compared to the same period last year, the country's Economy Ministry reported on Friday.
The report revealed that the average salary in the public sector was 215,521 drams (+5.7%), while in the private sector it was 299,395 drams (+2.1%).
The top three highest-paid sectors were:
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Information and Communication, with an average salary of 824,100 drams.
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Mining and Quarrying, with an average salary of 799,925 drams.
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Financial and Insurance Activities, with an average salary of 683,061 drams.
The report also noted a general increase in average salaries across all employment sectors compared to June 2023, with the exception of mining, public administration, and defense."
The sectors with the highest growth in average salaries were:
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Agriculture, forestry, and fishing, with a 15.3% increase.
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Financial and insurance activities, with a 12.8% increase.
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Electricity, gas, and steam supply, with a 10.7% increase.
