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Average salary in Armenia grows by 4.7 percent

25.09.2020, 16:27
The average gross salary in Armenia grew by 4.7% year-on-year in the first eight months of 2020 to 187,061 drams, according to the National Statistical Committee  (NSC).
Average salary in Armenia grows by 4.7 percent
YEREVAN, September 25. /ARKA/. The average gross salary in Armenia grew by 4.7% year-on-year in the first eight months of 2020 to 187,061 drams, according to the National Statistical Committee  (NSC).

It said  in August 2020 it decreased by 3.1% from July 2020, but compared to August 2019, it was up by 2.8%.

The average salary in the public sector saw a bigger rise  than in the private sector, although it could not overtake it in absolute terms.

Thus, in January-August 2020, compared to the same period in 2019, the average gross  salary in the public sector increased by 7% to 165,474 drams.  In August,  compared to July 2020, it decreased by 13.5%, but compared to August 2019 it was up 2.6%.

In the private sector, in January-August 2020,  the average gross salary increased by 3.4% from the same time span of 2019 to  197,468 drams.  In August 2020, compared to July, it increased by 1.6%, and when compared to  August 2019, by 2.7% ($1 - 485.32 drams) -0-