ArmeniaEconomy

Salaries have increased in the EAEU member states

In January-September 2024, the average nominal and real monthly wages (adjusted for the consumer price index of goods and services) increased in all EAEU member states compared to the same period in 2023.

According to the Eurasian Economic Commission’s press service, Belarus (113.0%) and Russia (109.0%) recorded the highest growth rates in real average monthly wages.

The average monthly wages in EAEU member states are as follows:

Russia: $928 (363,952 AMD)

Kazakhstan: $854 (334,797 AMD)

Armenia: $713 (280,256 AMD)

Belarus: $690 (272,728 AMD)

Kyrgyzstan: $409 (162,686 AMD)

In January-September 2023, Armenia recorded the highest wage growth in the EAEU compared to the same period in 2022. Real wage growth was as follows: Armenia: 13.4%, Kyrgyzstan: 10.7%, Belarus: 10.1%, Russia: 7.4%, Kazakhstan: 0.9%

Samvel Mkhitaryan