What is the average monthly income in Georgia?
Last year the average monthly expenditures of the population in Georgia amounted to 1,127.3 million GEL, which is 7.6% decrease y/y. Photo: Nino Alavidze/Agenda.ge.
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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).
In addition, average monthly incomes decreased 6.4% per household and amounted to 1,100.5 GEL, while it decreased 4.4% per capita and amounted to 321.4 GEL in 2020.
Last year the main source of income for households was cash income and transfers, which increased 2.3% year-on-year and reached 86.8%.
In 2020, the income from wages had a significant contribution in the structure of cash incomes and transfers, the share of which decreased by 0.9 percentage points y/y and amounted to 47.8 %.
Additionally, the share of income from self-employment decreased by 2.0 percentage points and equaled 9.4%. Also, the share of income from pensions, scholarships and social assistance increased by 4.4 percentage points compared to the same period of the last year and amounted to 23.4%", said Geostat.
Last year the average monthly expenditures of the population in Georgia amounted to 1,127.3 million GEL, which is 7.6% decrease y/y.
The average monthly expenditures per household decreased by 9.4% and equaled 1,038.5 GEL, while the average monthly expenditures per capita decreased by 7.4% and amounted to 303.3 GEL", said Geostat.
In 2020, the share of household cash consumption expenditures in total expenditures increased by two percentage points compared to 2019 year and equaled 70.1%.
Geostat said that last year expenditures on food, beverages and tobacco had a significant share in the structure of cash consumption expenditures and amounted to 42.1%.
In order to support the reintegration of Georgian citizens returning from emigration to their home country, the government of Georgia is launching a new programme which will benefit 200 emigrants at the first stage, announces the IDPs and Eco-migrants Agency of Georgia.
The unemployment rate in Georgia increased by 0.9% compared to 2019 and amounted to 18.5% in 2020, show data from the National Statistics Office of Georgia (Geostat). In the reporting period the economically active population was made up by 50.5% of the working age population (population aged 15 and older).
In total 98,443 Georgian citizens have already registered for temporary legal employment in Germany, while there are 1,427 Georgian citizens who have registered for the same programme in Israel, announces the State Employment Promotion Agency of Georgia.
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).
About 21.3% of Georgia’s population is under the absolute poverty line, shows the latest data of 2020 poverty indicators published by the National Statistics Office of Georgia (Geostat). The share of the population under the absolute poverty line increased by 1.8% in 2020 compared to 2019. The share of the population under the absolute poverty line increased by 1.8% in 2020 compared to 2019.Last year 19.5% of Georgia’s population lived under the absolute poverty line.
Georgia received $187.7 million from abroad in May 2021, which is 42.4% more than the amount in May 2020, says the National Bank of Georgia. Italy ($31.93 million), Russia ($31.75 million) and the United States ($24.15 million) were the largest remittance senders in May 2021.
Average monthly nominal earnings in Georgia increased by 53.5 GEL (4.4%) in the first quarter of 2021 compared to the same period of the previous year and amounted to 1,256.2 GEL (about $397.53/€327.83), reports the National Statistics Office of Georgia (Geostat).
Georgia received $201.9 million from abroad in June 2021, which is 19.3% more than the amount in June 2020, says the National Bank of Georgia. Russia ($39.08 million), Italy ($31.70 million) and the United States ($24.98 million) were the largest remittance senders in June 2021.
Georgian Prime Minister Irakli Garibashvili has announced at today's government meeting that starting January 2022, 'we will gradually increase the salaries of public servants', while the salaries of the mayors are planned to be doubled.
Average monthly nominal earnings in Georgia increased by 177.9 GEL (15.5%) in the second quarter of 2021 compared to the same quarter of the previous year and amounted to 1,328 GEL (about $428.39/€362.20), reports the National Statistics Office of Georgia (Geostat). The average earnings for women reached 1,077.8 GEL (about $347.68/€293.96), while men earned 1,560 GEL (about $503.23/€425.47) per month.