What is the average monthly income in Georgia?

The average monthly income in Georgia was 1,016 GEL (about $408.85/€348.77*) in 2017, shows the latest data published by the National Statistics Office of Georgia (Geostat).

Last year cash income and transfers equaled to 940.9 GEL of which:

• Wages were 465.5 GEL
• From self-employment - 104.2 GEL
• From selling agricultural production – 52 GEL
• Property income (leasing, interest on deposit etc.) – GEL 11.5
• Pensions, scholarships, assistances - 171.3 GEL
• Remittances from abroad - 36.2 GEL
• Money received as gift - 100.1 GEL

Unemployment rate in Georgia slightly declines

Meanwhile, last year the annual unemployment rate in Georgia declined by 0.1 percentage points and equalled 13.9 percent, said Geostat.

The economically active population constituted 65.8 percent of the working population (population of 15 years and older).

The employment level has been reduced by 1.5 percentage points in Georgia’s urban areas, while in rural areas it has been reduced by 0.8 percentage points.

What is the average monthly salary in Georgia?

The average monthly salary in Georgia was 1,069.1 GEL (about $430.22/€367*) in the third quarter (Q3) of 2017, said Geostat.

In Q3 of 2017, Georgia’s top three highest-paying occupations were in the fields of financial intermediation (1,405 GEL), mining and quarrying (1,310.2 GEL) and production and distribution of electricity, gas, and water (1,295 GEL).

What is the minimum cost of living in Georgia?

The minimum subsistence level for a working age male in April 2018 was 176.9 GEL (about $71.19/€60.73*), said Geostat.

The minimum subsistence level is calculated based on the minimum cost of items in the food basket, defined by Georgian law since 2004. The indicator did not include monthly mortgage, rent costs or utility bills.

For the average consumer, the minimum subsistence level was 156.7 GEL in April, while an average family needed at least 296.7 GEL to survive.

*Currency conversions reflect National Bank of Georgia values as of today.