Economy

Armenian nominal median wages in 2009 December rise by 9.5% to $347

YEREVAN, February 3, /ARKA/. Armenian nominal median wages in 2009 December rose by 9.5% from a year before to 131,850 Drams or $347, €237 or 10,398 rubles. According to the provisional figures of the Armenian National Statistical Service, the median wage in 2009 December grew by 27.5% from the preceding month, when it was 103,403 Drams. 

The highest median wage in 2009 December was in the southern province of Syunik- 111,559 Drams and the lowest in Vayots Dzor-76,321 Drams. The median nominal wage in Yerevan was 115,073 Drams. 

By sectors the financial sector boasted the highest median salary of 268,928 Drams, followed by mining sector-181,170 Drams, production and distribution of power, gas and water-140,771 Drams, construction-130,887 Drams, real property-126,301 Drams and transport-125,899 Drams. The lowest paid jobs were in fishing-56,556 Drams, health-66,375 Drams and communal services 69,317 Drams. ($1 – 375.83 Drams.). -0-

03/02/2010 13:53



Market USD exchange rates
Market EUR exchange rates
Market exchange rates 02/09/2010
Currency Symbol Unit Rate Changes
USA Dollar USD 1 365.03 1.29
Euro EUR 1 468.19 3.8
Russian Rоublе RUR 1 11.90 0.08

Favorable еxchange rates of banks 03/09/2010
Currency Buy Sell
USD 366
ProCreditBank
367.5
“ArmSwissBank”
Euro 467
Byblos Bank Armenia
ProCreditBank
472
ArmBusinessBank
Armenian Development Bank
RUR 11.85
"VTB Bank (Armenia)"
BTA Bank
12
ACBA-CREDIT AGRICOLE BANK
Ameriabank
ProCreditBank

Macroeconomics
Indicator Term Figures
economic growth,% 2010-06 106.7
GBP, billion AMD 2010-06 1332
inflation, % 2010-07 103.7
Budget deficit (proficit), bln AMD 2010-06 16.9
trade deficit, mln USD 2010-06 -1281.2
foreign trade turnover, mln USD 2010-06 2116.8
foreign trade turnover, % 2010-06 129.8
Gross External Reserves, mln. USD 2010-06 1780
Monetary base, billion AMD 2010-06 434.5
Money supply, billion AMD 2010-06 786.6

Financial market
Indicator Term Figures
Anual interests on loans
Legal entities in AMD 2010-06 13.8
Legal entities in USD 2010-06 12.6
Individuals in AMD 2010-06 22.6
Individuals in USD 2010-06 19.2
Anual interests on deposits
Legal entities in AMD 2010-06 8.4
Legal entities in USD 2010-06 7.2
Individuals in AMD 2010-06 9.8
Individuals in USD 2010-06 5.4
Annual profitability
state stock of CBA, % 2008-08 8
fiscal stock of Armenia, % 2010-06 9.6

The percents of the CBA
Indicator Term Figures
Banking rate 2010-07 13
Repo 2010-07 7.25
Credit 2010-07 10.25
Depo 2010-07 4.25



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