REAL INCOMES OF ARMENIAN POPULATION GROW BY 16.5% IN
JANUARY-NOVEMBER 2006 ON SAME PERIOD OF PREVIOUS YEAR
15-01-2007 20:05:00 | Armenia | Economy
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.