Armenia is a landlocked country in western Asia, bordered by Turkey and Azerbaijan, among others. Its history includes rule by the Ottoman and Iranian empires, an ethnic genocide of their people by Turkey during World War I, as well as being incorporated into the USSR for most of the 20th century. The modern Republic of Armenia became independent in 1991 after the fall of the Soviet Union.

The Armenian diaspora contributes heavily to its economic development, which now includes a modern industrial sector, supplying machine tools, textiles, and other manufactured goods to sister republics in exchange for raw materials and energy.

With Yerevan as its capital, Armenia has a population of 2,951,745, with more than 8 million Armenians living abroad. The predominant religion in Armenia is Christianity, whose  roots go back to the 1st century. Armenians have their own distinctive alphabet and language.

Average Monthly Earnings

Employment-to-Population Ratio

Unemployment Rate

Employment by Sector

Agriculture 25.8%
Industry 22.8%
Services 51.4%

Employment Distribution by Education

Age 15+

Less than Basic 0.1%
Basic 5.2%
Intermediate 65.8%
Advanced 14.1%
Level Not Stated 14.7%

Age 15-24

Less than Basic 0%
Basic 10.0%
Intermediate 67.2%
Advanced 21.0%
Level Not Stated 1.8%

Age 15-64

Less than Basic 0%
Basic 5.1%
Intermediate 66.0%
Advanced 14.5%
Level Not Stated 14.3%

Age 25+

Less than Basic 0.1%
Basic 4.8%
Intermediate 65.7%
Advanced 13.5%
Level Not Stated 15.9%

Schedule a Demo

In the UAE, as of March 2022, the Ministry of Human Resources & Emiratisation announced that during the month of Ramadan, the private sector's regular working hours are reduced by two hours. #UAE #GlobalPeopleStrategist #GlobalCompliance #ComplianceUpdates

Québec’s National Assembly passes amended Bill 96 to modify the Charter of the French Language #Quebec #GlobalCompliance

In Belgium, the age and seniority tiers for calculating the private sector minimum wage were eliminated, setting a single minimum wage applicable to all private sector workers through 2026. #Belgium #GlobalPeopleStrategist #GlobalCompliance #ComplianceUpdates

As of Feb 2022, The UAE prohibits unlimited, permanent employment agreements. All employment agreements are fixed-term contracts lasting no more than 3 years. Employees currently engaged in unlimited term contracts must be converted to fixed-term contracts by Feb 2023 #UAE #GPS

In Brazil, employment is considered to be generally "at will." Employers and employees can terminate employment agreements without cause if prior notice and severance requirements are observed. #Brazil #GlobalPeopleStrategist #GlobalCompliance #ComplianceUpdates

Load More...