If you are thinking of outsourcing talent in Western Asia, you may wonder, what is the average salary in Armenia? The information in this article will help you make a fair offer.

The average salary in Armenia is 190,000 Armenian Drams, or USD 478. However, salaries can vary depending on the profession, education, experience, and location. You must also consider median wages and salary ranges to gain complete insight. 

This article will explore salaries in the area, telling you all you need to know. 

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What is the Average Salary in Armenia?

Average salaries in Armenia are calculated by adding wages throughout the country and dividing them by the number of workers. In Armenia, the average salary is 208,000 Armenian Dram. In January 2025, that translates to $523. 

Median Income Armenia

The median salary Armenia is 275,000 dram (approximately $692). Also considered the country’s ‘middle salary’, that means 50% of the population makes more than 275,000 grams, and the other half makes less. 

Salary Range

The salary range spans from the lowest salaries to the highest. In Armenia, low-paid workers make about 140,000 AMD, while high-paid workers make as much as 450,000 AMD. 

Salary Comparison by Profession

Just like anywhere worldwide, Armenian worker salaries vary depending on the profession. Professions requiring in-depth training or more intensive labor may pay more than positions that do not require much training. This salary comparison chart will provide the salaries for specific occupations, providing additional insight. 

ProfessionSalary (AMD)
Chief Executive Officer865,464
IT Director760,622
Leasing Director714,312
Call Center Director699,960
Plant Manager653,081
Country Manager/Director648,460
Pilot631,500
IT Architect527,837
Lead Developer607,777
Data Entry Specialist330,884
Customer Service Rep297,527
Cashier150,338
General Laborer148,507
Assistant Teacher145,436
Cleaner141,492
Housekeeper140,365
Seamstress139,717
Medical Records Clerk134,589
Social Counselor130,679

Average Wage in Armenia by Education

Education is a massive factor in Armenia’s wage earnings. Although education is free for children and discounted university tuition is available, many parents do not send their children to school because they need them to stay home and work. This approach feeds the cycle, as uneducated children cannot seek well-paying career opportunities. 

The country is working on making schooling more accessible, but the quality of education is still an issue. Many schools are overcrowded, preventing children from learning. Additionally, many families live in rural areas far from educational institutions. 

“Education is about giving the person the opportunity to not have to work for 75,000 drams a month. If a person works with a salary of 75,000 drams a month, it means that person has not received a normal education,” said Prime Minister Nikol Pasinyan during a government session. 

Salary Comparison by Experience

Experience plays a significant role in wage earnings as well. Workers with experience can make 30% to 50% more than entry-level workers. The highest potential salary increases are in high-demand, highly skilled sectors like IT, finance, and healthcare.

Salary Comparison by Location

Location is a massive variable in Armenian wage earnings. Rural families are often far from educational institutions, so their children don’t develop the skills they need to advance in their careers. 

Additionally, urban areas tend to be hubs for high-paying jobs. For example, Yerevan is an ideal destination for technology workers. An IT specialist in the area can earn 1,000,000 – 1,500,000 AMD. Meanwhile, a teacher in a rural area will earn closer to 250,000 AMD. 

How Much is Minimum Wage in Armenia?

The minimum wage is the minimum salary an employer can pay an employee. The minimum wage in Armenia per month is 75,000 AMD (approx. $188) or 500 AMD per hour. Individuals who work in hazardous environments may receive a premium above their salaries. 

The minimum wage last updated in January of 2023. There is no news on future increases. 

Average Salary in Armenia vs. the Rest of the World

To fully understand Armenia’s wage structure, you may compare it against other countries. The following charts will list earnings in developed, developing, and undeveloped countries to provide a complete perspective. 

Armenia vs. Developed Countries

CountryAverage SalaryComparison to Average Armenia Salary
United Kingdom3,000 euros (approx. $3,116)525%
United States$5,6771,142%
Norway50,790 kroner (approx. $4,700)883%
Germany4,300 euros (approx. $4,467)879%
Austria3,500 euros (approx. $3,636)652%

Armenia vs. Developing Countries

CountryAverage SalaryComparison to Average Armenia Salary
Romania4,000 RON (approx. $835)74%
Russia73,709 Rubles (approx. $700)46%
Albania1,500 Euros (approx. $1,550)222%
Kazakhstan342,082 Tenge (approx. $645)167%
Ukraine18,000 Hryvnia (approx. $500)22%

Armenia vs. Undeveloped Countries

CountryAverage SalaryComparison to Average Armenia Salary
Thailand97,500 Baht (approx. $2,772)480%
Philippines18,423 PHP (approx. $875)83%
Vietnam8.5 million Dong (approx. $360)– 32%
Egypt13,244 EGP (approx. $263)– 210%
Pakistan45,000 PKR (approx. $150)– 213%

Armenia’s low salaries are directly related to its low cost of living. It is one of the most affordable countries in the world. Housing is significantly cheaper than in most Western and Western European countries. The country also has low-cost food, inexpensive public transportation, and lower overall expenses. 

The country’s work economy is primarily service-based, with most of the GDP coming from tourism, finance, IT, and manufacturing, particularly in the jewelry industry. It has a growing technology sector and actively promotes its Communications and Technology industry. Agriculture also remains a dominant part of the economy. 

What are the Most Common Outsourced Industries in Armenia?

Employers considering outsourcing to Armenia may consider exploring the following sectors. 

Information and Communication

The country’s information and communication sector is growing rapidly. Armenia is seeing a 54.8% annual growth rate and $1 billion in output, positioning itself as a hub for tech innovation. The growth is primarily attributed to a skilled workforce, government initiatives, and an influx of Russian IT specialists relocating to the country. 

An IT specialist in Armenia typically makes around 266,760 AMD (approx. $671), while IT specialists in America make between $5000 and $10,000 monthly. Employers that hire Armenian tech workers can save considerably on human resource expenses. 

Finance and Insurance

Armenia’s growing finance and insurance industries make it an excellent source for consulting, underwriting, customer service, claims processing, bookkeeping, accounting, and claims processing. The insurance sector ended 2023 with an increase of 16.26%. The country has also seen increased bank assets, loan growth, and banking adaption.

Financial analysts in Armenia make around 347,542 AMD per month (approximately $874), compared to American workers who make closer to $7981 monthly.

Mining

Developed countries may focus on core mining activities while outsourcing tasks such as shaft sinking, drilling, construction, maintenance, and certain stages of mineral processing. The industry employs around 9000 workers in rural areas. It accounts for 5.4% of Armenian government revenues. 

Mine workers in Armenia make about 499,603 AMD (approximately $1257). The high wage is due to the importance of mining in the country. However, it is still far below the $4359 American miners earn. 

Conclusion

The low cost of living and limited education opportunities make Armenia a prime outsourcing destination. The country offers skilled tech workers and a strong service-oriented workforce that provides various skills to businesses and offers remote work opportunities. Employers who take advantage of the Armenian talent pool can see considerable savings in human resource expenses.