Minimum wages in South Caucasus

Updated: 24 June, 2014 seen 1,579

Yesterday I wrote about minimum wages in Baltic states. Today I would like to write about minimum wages in South Caucasus (Armenia, Azerbaijan, Georgia) countries. Both of these regions was once a part of Soviet Union, and for me it's interesting to compare how each of the regions have developed since collapse of Soviet Union.

Armenia $108, Azerbaijan $133, Georgia $54

Well, if in previous post about minimum wages in Baltic states, I told, that Baltic states are one of the poorest in European Union, then Caucasian country minimum wages looks much worst.

Anyway, it's the minimum wage look in Caucasus countries in 2013. I think - Georgian 54$ is the lowest minimum wage in former Soviet Union. And right now I'm starting to think that Baltic states modest $400 minimum wage is the highest in former Soviet Union.

Speaking of Georgia - this number should be raised at least to $100 ASAP, Speaking of region as whole, I hope by end of decade we could see modest minimum wage $300.



Hi! My name is Reinis Fischer (38), a proud dad and devoted husband. CEO and Founder of Terramatris crypto hedge fund, drone enthusiast, world traveler, photographer, and passionate lover of Georgian cuisine (vegetarian).

An ex-pat living in Georgia since 2011, I trade stocks, take photographs, work out at the gym, and many more. Here I write about travel, finance, and other things that might interest me.