Europe and Central Asia

Graduate jobs and salaries in Armenia

Updated Data years: 2017, 2023 How we use data

Older data (2017) The latest official figure is from 2017. It may not reflect today's labour market.

Quick answer

In Armenia, employees with tertiary education earned a median of AMD 140,000 a month in 2023 (PPP$ 865) — 0% compared with all employees. Their unemployment rate was 6.9%, against 7.2% for all adults aged 25 and over (2023).

Sources: ILOSTAT (ILO)

Do graduates earn more in Armenia?

Median monthly earnings by education level, Armenia, 2023Employees, median monthly earnings. PPP$ adjusts for price differences between countries.
Education levelLocal currency a monthPPP$ a monthvs all employees
Basic education AMD 137,325 849 -2%
Intermediate education AMD 130,000 803 -7%
Advanced (tertiary) education AMD 140,000 865 0%
Short-cycle tertiary AMD 120,000 742 -14%
Bachelor's or equivalent AMD 150,000 927 +7%
Doctoral or equivalent AMD 250,000 1,545 +79%
All levels AMD 140,000 865 —

The degree premium ranks 124 of 128 countries with data. That is below the Europe and Central Asia median of +25%.

Earnings over time (PPP$ a month)

Advanced (tertiary) educationAll levels
0475.8951.5 20152023

PPP$ values are in current international dollars, so part of the rise reflects inflation.

Which occupations pay the most in Armenia?

Median monthly earnings by occupation group in 2017, from highest to lowest. Examples link to our career profiles.

Occupation groupLocal currency a monthPPP$ a monthvs all employees
Managers
Construction manager, Marketing manager, Project manager, Supply chain manager
AMD 145,000 871 +76%
Plant and machine operators and assemblers AMD 95,694 575 +16%
Craft and related trades workers AMD 90,000 541 +9%
Professionals
Software developer, Web developer, Data scientist, Data analyst
AMD 85,000 511 +3%
Clerical support workers AMD 82,501 496 0%
Service and sales workers
Police officer
AMD 82,501 496 0%
Technicians and associate professionals
IT support technician, Paramedic, Biomedical scientist, Paralegal
AMD 80,000 481 -3%
Skilled agricultural, forestry and fishery workers AMD 79,807 479 -3%
Elementary occupations AMD 65,000 390 -21%
All occupationsAMD 82,501496—

Are graduates less likely to be unemployed in Armenia?

Unemployment rate by education level, 2023
Education levelAdults 25+Young people 15–24
Basic education7.8%21.1%
Intermediate education7.5%24.3%
Advanced (tertiary) education6.9%17.3%
All levels7.2%21.2%

Unemployment among tertiary-educated adults is the 93 lowest of 130 countries with data. The Europe and Central Asia median is 3.6%.

Unemployment over time, adults 25+

Advanced (tertiary) educationAll levels
0.09.018.0 20152023

Studying and working in Armenia

Rules on student visas, work after graduation and recognition of qualifications change often. Use the official sources below and check the date on any advice you read.

Guide: how to choose a country to study in · Guide: getting your degree recognised abroad

Country context

Population
3.1M (2025)
GDP per person (PPP)
$24,754 (2025)
Tertiary enrolment (gross)
52.8% (2024)

Questions about graduate jobs in Armenia

Do graduates earn more than non-graduates in Armenia?

According to the International Labour Organization, employees in Armenia with tertiary education earned a median of AMD 140,000 a month in 2023, compared with AMD 140,000 for all employees — 0%. The degree premium ranks 124 of 128 countries with data.

What is the unemployment rate for graduates in Armenia?

In 2023, the unemployment rate for adults aged 25 and over with tertiary education in Armenia was 6.9%, compared with 7.2% for all adults. Among young people aged 15–24 with tertiary education it was 17.3%.

Which jobs pay the most in Armenia?

The best-paid occupation group in Armenia in 2017 was “Managers”, with median monthly earnings of AMD 145,000 (PPP$ 871). Professionals, the group that includes most graduate careers, earned a median of AMD 85,000.

Compare with other countries in Europe and Central Asia

Compare Armenia side by side

  • Lithuania

    +33%
    more for tertiary-educated employees (2025)

    Europe and Central Asia
  • Croatia

    +52%
    more for tertiary-educated employees (2025)

    Europe and Central Asia
  • Georgia

    +25%
    more for tertiary-educated employees (2023)

    Europe and Central Asia
  • Moldova

    +39%
    more for tertiary-educated employees (2025)

    Europe and Central Asia
  • Slovenia

    +29%
    more for tertiary-educated employees (2025)

    Europe and Central Asia

Sources

  1. ILOSTAT — Median monthly earnings of employees by education — HIES - Households Living Conditions Survey, 2023
  2. ILOSTAT — Median monthly earnings of employees by occupation — LFS - Household Labour Force Survey, 2017
  3. ILOSTAT — Unemployment rate by age and education — HIES - Households Living Conditions Survey, 2023
  4. World Bank — World Development Indicators — Population, GDP per person (PPP) and tertiary enrolment

How to cite this page: CourseToJob (2026). Armenia: graduate salaries, jobs and unemployment. https://coursetojob.com/countries/armenia/ (accessed September 26, 2026)

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Notes from the data source
  • Age coverage - maximum age: 75 years old