ARMENIA

Armenia

THE OFFICIAL SALARY IN ARMENIA IN 2022:

Average salary – 204,048 Armenian drams per month ($425)

Minimum wage – 68,000 Armenian drams per month (140$)

Source: Statistical Committee of the Republic of Armenia – armstat.am

Armenia is located in the north of West Asia and north-east of the Armenian Highland. It has no access to the sea. It borders Azerbaijan in the east, Iran in the south, Turkey in the west and Georgia in the north.

INFORMATION ABOUT ARMENIA (2022) 
Population 3 million
Average life expectancy  75 years
Unemployment rate 15%
Inflation  7.1%
Square 29 743 km²
Form of government Parliamentary Republic
Income tax 23—36%
Capital Yerevan
Currency Armenian dram
Official Language Armenian
Doing Business rank 47
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