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 12/03/2010
Currency Symbol Unit Rate Changes
USA Dollar USD 1 392.62 1.21
Euro EUR 1 540.01 5.34
Russian Rоublе RUR 1 13.40 0.11

Favorable еxchange rates of banks 12/03/2010
Currency Buy Sell
USD 391.5
Armenian Development Bank
394
ACBA-CREDIT AGRICOLE BANK
Araratbank
Byblos Bank Armenia
Conversebank
ProCreditBank
“ArmSwissBank”
Euro 534
"VTB Bank (Armenia)"
ACBA-CREDIT AGRICOLE BANK
Ameriabank
Prometey Bank
“ArmSwissBank”
541
ACBA-CREDIT AGRICOLE BANK
Cascade Bank
“ArmSwissBank”
RUR 13.2
"VTB Bank (Armenia)"
Ardshininvestbank
BTA Bank
Prometey Bank
13.35
ProCreditBank

Macroeconomics
Indicator Term Figures
economic growth,% 2009-12 85.6
GBP, billion AMD 2009-12 3165.5
inflation, % 2010-01 101.7
Budget deficit (proficit), bln AMD 2009-12 148.3
trade deficit, mln USD 2009-12 -2606.4
foreign trade turnover, mln USD 2009-12 4001.9
foreign trade turnover, % 2009-12 73
Gross External Reserves, mln. USD 2009-12 2003.41
Monetary base, billion AMD 2009-12 511.7
Money supply, billion AMD 2009-12 815

Financial market
Indicator Term Figures
Anual interests on loans
Legal entities in AMD 2010-01 14.8
Legal entities in USD 2010-01 13.5
Individuals in AMD 2010-01 22
Individuals in USD 2010-01 17.6
Anual interests on deposits
Legal entities in AMD 2010-01 6.5
Legal entities in USD 2010-01 5.4
Individuals in AMD 2010-01 9.1
Individuals in USD 2010-01 5.3
Annual profitability
state stock of CBA, % 2008-08 8
fiscal stock of Armenia, % 2010-01 8.8

The percents of the CBA
Indicator Term Figures
Banking rate 2010-03 13
Repo 2010-03 6.5
Credit 2010-03 9.5
Depo 2010-03 3.5



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