What is the average monthly income in Georgia?
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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.
In 2017 the annual unemployment rate in Georgia declined by 0.1 percentage points and equalled 13.9 percent, shows the employment and unemployment annual data of 2017 of the National Statistics Office of Georgia (Geostat).
The turnover enjoyed by Georgia’s business sector is increasing, reaching 21.1 billion GEL in the fourth quarter (Q4) of 2017. This was 21.5 percent more year-on-year (y/y).
But men earn more than women
The average monthly salary in Georgia was 1,069.1 GEL (about $418.40/€355.01*) in the third quarter (Q3) of 2017, shows the latest data published by the National Statistics Office of Georgia (Geostat).
A study has been carried out to determine the most in demand jobs in Georgia.
Almost 22 percent of Georgia’s population is under the absolute poverty line, shows the latest data of 2017 poverty indicators published by the National Statistics Office of Georgia (Geostat).
Georgia’s mean monthly household nominal income rose from 608.9 GEL in 2015 to 771.9 GEL in 2017, a 26.8% increase, says the UNICEF Survey on the Welfare of the Population 2017.
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In the second quarter of 2018 the annual unemployment rate in Georgia declined by 1.9 percentage points and equalled 12.1 percent, says the National Statistics Office of Georgia (Geostat).
Over 30,000 Georgians employed through EU-supported programme
More than 30,000 Georgians have found employment and thousands have access to improved vocational education: this is the result of four years of cooperation between the European Union and the government of Georgia.
The average monthly salary in Georgia has increased by 56.4 GEL year-on-year and reached 1,125.5 GEL in the third quarter of 2018, show the latest data published by the National Statistics Office of Georgia (Geostat).
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The annual unemployment rate in Georgia decreased by 1.2 percentage points and equalled 12.7% in the fourth quarter (Q4) of 2018.
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The annual unemployment rate in Georgia increased by 0.1 percentage points and equalled 12.2% in Q3 of 2018, says the National Statistics Office of Georgia (Geostat).
men earning more than women
The average monthly salary in Georgia has increased by 61.1 GEL (about $22.80/€20.07) year-on-year and reached 1,202 GEL (about $448.51/€394.92) in the fourth quarter of 2018, show the latest data published by the National Statistics Office of Georgia (Geostat).
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The annual unemployment rate in Georgia decreased by 1.2 percentage points and equalled 12.7% in 2018. Last year, the economically active population constituted 63.9% of the working population (population of 15 years and older).
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The average monthly salary in Georgia has increased by 33.5 GEL (about $12.23/€10.90) year-on-year and reached 1,092.7 GEL (about $398.80/€355.64) in the first quarter (Q1) of 2019, show the latest data published by the National Statistics Office of Georgia (Geostat).
Average monthly earnings in Georgia increased by 76.3 GEL ($25.8/€23.2) in the second quarter (Q2) of 2019 compared to the same period of the previous year and amounted to 1,179.8 GEL ($398.5/€359.1), reports the National Statistics Office of Georgia (Geostat).
The average monthly salary in Georgia was 1068.3 GEL ($359.98/€327.99) in 2018, which is a 6.9 per cent increase compared to last year, show the latest data from the National Statistics Office of Georgia (Geostat).
The National Statistics Office of Georgia (Geostat) is developing a new methodology to calculate average monthly salaries starting next year, said Geostat Director Gogita Todradze yesterday.