Product Manager Salary in Armenia
Salary data for mid‑level product managers in Yerevan is reported. The claim lacks supporting evidence.
Salary by experience level
Entry-level (0-2 years)
Salary range (per year)
֏2,130,000 to ֏3,000,000
Average (per year)
֏2,580,000
New graduates in Vagharshapat join small IT firms.
Mid-level (3-5 years)
Salary range (per year)
֏3,000,000 to ֏4,560,000
Average (per year)
֏3,780,000
Mid-level managers work on outsourced projects or with regional tech companies.
Senior (6-9 years)
Salary range (per year)
֏4,560,000 to ֏6,300,000
Average (per year)
֏5,430,000
Senior professionals collaborate with Yerevan-based firms or remote international teams.
Principal/Lead (10+ years)
Salary range (per year)
֏6,300,000+
Principal Product Managers have performance bonuses and management responsibilities.
Hourly Rates
For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.
Junior
֏1700 - ֏2550
per hour
Mid-level
֏2550 - ֏4400
per hour
Senior
֏4400 - ֏6050
per hour
Market Overview
Product managers help guide releases at software houses and fintech startups in Armenia. Companies in Yerevan and Gyumri provide compensation packages to attract talent. The effect of multinational firms opening regional hubs on demand is not quantified.