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Headline data

Average Monthly Nominal Wages / Salaries
Year Value Units
2015 171615 dram
2016 174445 dram
2017 177817 dram
2018 172727 dram
2019 182673 dram
2020 189716 dram
2021 204048 dram
2022 235576 dram
2023 269994 dram

Source: Armstat

Geographical Area: Armenia

Unit of Measurement: dram

This table provides metadata for the actual indicator available from Armenia statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from Armenian statistics, this table should be consulted for information on national methodology and other Armenian-specific metadata information.

Indicator description

The source of information on wages / salaries before 2018 was the data submitted by the establishments trough the statistical reports and since 2018 - the database of the Personal Income Tax and Social Tax (Payment), authorized by the State Revenue Committee of the RA covering establishments with at least 1 paid employee.
Geographical coverage

Armenia
Unit of measurement

dram
Definitions

Nominal wage is the amount of employee’s pretax gross compensation, which characterizes the level of payout of link with the prices of goods and services. Employees’ remuneration and other payments equal to it are the gross wages/salaries in return for the job done in cash and (or) in kind before deduction of compulsory taxes defined by law.
Calculations

Average monthly nominal wage is calculated as the sum of remuneration and other payments equal to it (both in cash and in kind) divided by the average monthly payroll number of employees.
Comments and limitations
  • Since 2018 the source of information for the average wage calculation is the database of the Individual records on income tax and social security tax authorized by the State Revenue Committee of the Republic of Armenia (SRC RA). In order to provide comparability of indicators on wages/salaries for 2017-2018 the 2017 indicator is provided by the database of SRC RA. (https://www.armstat.am/file/article/trud_2019_11.pdf).
Data last updated Nov 06, 2024
Metadata last updated Mar 04, 2023

This table provides information on metadata for SDG indicators as defined by the UN Statistical Commission. Complete global metadata is provided by the UN Statistics Division.

Indicator name

Average Monthly Nominal Wages / Salaries
Target number

8.5
Organisation Armstat , Database of the Personal Income Tax and Social Tax (Payment) of the State Revenue Committee of the Republic of Armenia (Since 2018)
Link to data source
Contact details
Other information
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