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Real Incomes Of Armenian Population Grow By 16.5% In January-Novembe

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  • Real Incomes Of Armenian Population Grow By 16.5% In January-Novembe

    REAL INCOMES OF ARMENIAN POPULATION GROW BY 16.5% IN JANUARY-NOVEMBER 2006 ON SAME PERIOD OF PREVIOUS YEAR

    Noyan Tapan
    Jan 15 2007

    YEREVAN, JANUARY 15, NOYAN TAPAN. In January-November 2006, monetary
    incomes of the population made 1 trillion 463 billion 778.5 million
    drams (about 3 bln 479 mln USD), while monetary expenditures - 1
    trillion 424 billion 490.7 million drams. Their growth rate on the
    same months of 2005 made 119.3% and 119.4% respectively.

    According to the RA National Statistical Service, real monetary incomes
    of the population (incomes less compulsory payments, taking into
    account the consumer price indices) grew by 16.5% in January-November
    2006 on January-November 2005.

    78.4% of the population's monetary incomes was spent on goods purchase
    and service payment (79.4% in January-November 2005), 5.3% - on
    compulsory and voluntary payments (5.5%), 1% - on deposits (0.8%)
    and 12.5% - on foreign currency purchase (11.6%).

    In January-November 2006, the RA population's monetary expenditures
    made up 97.3% of monetary incomes and remained the same compared with
    the same period of 2005.

    The average nominal salary in November 2006 exceeded 4.4fold the
    minimal salary and 4.1fold compared with 2005.
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