Product Owner Salary in Armenia
In Yerevan, a mid‑level Product Owner typically earns around ֏725,000 per year. This figure reflects an increase as tech firms expand their product teams.
Salary by experience level
Entry-level (0-2 years)
Salary range (per year)
֏330,000 to ֏510,000
Average (per year)
֏420,000
Local IT firms and outsourcing companies offer entry-level Product Owner positions.
Mid-level (3-5 years)
Salary range (per year)
֏510,000 to ֏940,000
Average (per year)
֏725,000
Mid-level roles may have higher salaries.
Senior (6-9 years)
Salary range (per year)
֏940,000 to ֏1,450,000
Average (per year)
֏1,195,000
At the senior level, candidates with experience in software companies or remote international teams see higher offers.
Principal/Lead (10+ years)
Salary range (per year)
֏1,450,000+
Principal and lead Product Owner positions exist in Vanadzor.
Hourly Rates
For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.
Junior
֏1550 - ֏2600
per hour
Mid-level
֏2600 - ֏3900
per hour
Senior
֏3900 - ֏5150
per hour
Market Overview
Companies in Yerevan regularly hire Product Owners. Agencies may reward candidates who can bridge business goals with development cycles. Living costs are lower, which can make salaries stretch further for families.