National Statistics Office of Georgia: average monthly income of a Georgian citizen amounts to 336 GEL
The main source of income for households were cash incomes and transfers which amounted to 84.5 per cent of their income. Photo: Nino Alavidze/Agenda.ge.
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The average monthly income of a household in Georgia was 1,175.3 GEL ($368.2/€337.8) in 2019, while it amounted to 336.1 GEL ($105.3/€96.6) per capita, shows the latest data published by the National Statistics Office of Georgia (Geostat).
The main source of income for households were cash incomes and transfers which amounted to 84.5 per cent of their income.
The sources of cash incomes and transfers in 2019 were:
- Wages – 48.7 per cent
- Pensions, scholarships, assistances – 19 per cent
- Self-employment – 11.4 per cent
- Money received as a gift – 8.8 per cent
Unemployment rate in Georgia slightly declines
The unemployment rate in Georgia decreased 1.1 percentage points to 11.6 per cent in 2019 in comparison to the year before, says the National Statistics Office of Georgia (Geostat).
Last year the economically active population constituted 62.9 per cent of the working age population (population aged 15 and older).
The unemployment rate is much lower in rural areas than in urban settlements, said Geostat. Meanwhile, in 2019 the unemployment rate decreased both in urban and rural settlements by 1.8 and 0.3 percentage points, respectively.
In 2019, compared to the previous year, the unemployment rate for women was 10.1 per cent while it was 12.8 per cent for men.
What is the average monthly salary in Georgia?
The average monthly salary in Georgia was 1,204 GEL ($377.2/€346) in 2019, says the preliminary data from the National Statistics Office of Georgia.
However, the average monthly earnings in Georgia increased by 117.6 GEL ($36.8/€33.8) in the fourth quarter (Q4) of 2019 compared to the same period of the previous year and amounted to 1,319.6 GEL ($413.5/€379.2).
What is the minimum cost of living in Georgia?
The minimum subsistence level for a working age male in April 2020 was 199.6 GEL ($62.5/€57.4), shows data from the National Statistics Office of Georgia.
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 does not include monthly mortgage, rent costs or utility bills.
For the average consumer, the minimum subsistence level was 176.8 GEL ($55.4/€50.8) in April, while an average family needed at least 334.8 GEL ($104.9/€96.2) to survive.
Average monthly earnings in Georgia increased by 117.6 GEL ($39/€34.9) in the fourth quarter (Q4) of 2019 compared to the same period of the previous year and amounted to 1,319.6 GEL ($438.1/€391.8), reports 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.
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).
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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).
Subsistence farmers will no longer be recorded as self-employed by the National Statistics Office of Georgia.
Georgia has already supported over 72,000 people who have lost their jobs amid the coronavirus crisis with more than 14 million GEL ($4.41 mln/€3.96 mln) in total, while it helped over 51,000 self-employed people with more than 15 million GEL ($4.72 mln/€4.24 mln) in total, said Georgian Health Minister Ekaterine Tikaradze.
The National Statistics Office of Georgia has created a national accounts portal which enables analysis of key macroeconomic indicators.
The average monthly nominal earnings in Georgia for men (1,352.4 GEL) were 46.3 per cent higher than for women (924.2 GEL) in the second quarter of 2020, show data from the National Statistics Office of Georgia (Geostat).
The National Statistics Office of Georgia (Geostat) has created a new portal, juniors.geostat.ge with the financial and technical support of the United Nations Children's Fund (UNICEF). The main purpose of the new platform is to create statistical data for children in an easily understandable way.
The average monthly income (cash and non-cash inflows) of the Georgian population amounted to 1,194.6 billion GEL in 2020, which is 4.5% less compared to 2019, says the National Statistic Office of Georgia (Geostat).