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Armenia

#74 globallyCentral Asia

Average salary: $6,500/year · Currency: AMD ֏

Mean Annual Salary

$6,500

gross USD

Median Annual Salary

$5,000

gross USD

GDP per Capita

$6,968

current USD

PPP Factor

Γ—0.35

vs USD base

Tax Breakdown at Median Salary

Estimated
Gross Income$5,000
Income Tax$585
Social Security$225
Health Insurance$90

Take-Home (Net) Annual

$4,100

Effective Tax Rate

18.0%

* Based on median salary of $5,000. Estimated combined rate. Consult a tax professional for accurate calculations.

πŸ‡¦πŸ‡² Armenia Economic Overview

Currency

AMD (֏)

Region

Central Asia

Population

3.0M

Gini Coefficient

0.325

Cost of Living Index

35 (US=100)

Tax Data Available

Estimated

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Salary vs Global Benchmarks

Global Mean$18,000
Central Asia Mean$5,850
Armenia Mean$6,500

Global Ranking

#74

out of 117 countries

by average salary

About Salaries in Armenia

The average annual salary in Armenia is approximately $6,500 (gross, in USD), with a median of $5,000. The country ranks #74 out of 117 countries by average salary.

At the median salary, workers in Armenia take home approximately $4,100 after taxes β€” an effective tax rate of 18.0%. The purchasing power parity factor of Γ—0.35 means that in real terms, living costs are lower than in the United States.

Armenia is located in the Central Asia region. Income inequality, measured by the Gini coefficient, is 0.325 (moderate inequality).