INCOMES OF ARMENIAN POPULATION GROW BY 25.7%, EXPENSES BY 23.6% IN 2007

Noyan Tapan
Jan 31, 2008

YEREVAN, JANUARY 31, NOYAN TAPAN. In 2007, the monetary incomes
of the Armenian population made 2 trillion 125 bln 415.7 mln drams
(over 6 bln 213.2 mln USD), while monetary expenses – 2 trillion 1
bln 983.1 mln drams.

Their growth rates as compared with 2006 made 125.7% and 123.6%
respectively.

According to the RA National Statistical Service, real monetary
incomes of the population (incomes less compulsory payments, taking
into account the changes in the consumer price indices) grew by 19.2%
in 2007 on 2006.

The average monthly nominal salary exceeded 4fold the minimum salary
in November 2007 – against 4.5fold in the same period of 2006.