Average salaries in Georgia increases by 4.4% to 1,256.2 GEL in Q1 2021
The highest monthly earnings were observed in the following fields: Financial and insurance activities – 2,448.5 GEL (-5.7% y/y), information and communication – 2,159.8 GEL (+14.4%) and professional, scientific and technical activities – 1,798.9 GEL (+0.2%). Photo: Nino Alavidze/Agenda.ge.
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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).
The highest monthly earnings were observed in the following fields:
- Financial and insurance activities – 2,448.5 GEL (-5.7% y/y)
- Information and communication – 2,159.8 GEL (+14.4%)
- Professional, scientific and technical activities – 1,798.9 GEL (+0.2%)
- Construction – 1,664.5 GEL (-2.3%)
The average earnings for women reached 1,022.9 GEL (about $323.70/€266.95), while men earned 1,473.4 GEL (about $466.27/€384.51) per month.
The annual growth of earnings for women amounted to 62.5 GEL, and 49.5 GEL for men.
In the majority of sectors of the economy the average monthly earnings of men were higher compared to women", said Geostat.
The average monthly earnings of employees in the business sector increased by 56.5 GEL and equalled to 1,283.5 GEL.
The highest monthly earnings were observed in:
- Arts, entertainment and recreation - 2,319.4 GEL (+30.5%)
- Information and communication activities - 2,204 GEL (+14.7%)
The average monthly earnings of employees in the non-business and financial sector increased by 52.2 GEL and amounted to 1,213.3 GEL. The highest monthly earnings were observed in the financial and insurance activities.
Average monthly nominal earnings in Georgia decreased by 5 GEL (0.4%) in the fourth quarter (Q4) of 2020 compared to the same period of the previous year and amounted to 1,314.7 GEL, reports the National Statistics Office of Georgia (Geostat).
The turnover received by the Georgian business sector increased by 2.1% (y/y) and amounted to 32 billion GEL in the fourth quarter of 2020, says the National Statistic Office of Georgia (Geostat).
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).
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).
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.
The Institute for Development of Freedom of Information (IDFI) says that the recent statement made by Georgian Prime Minister Irakli Garibashvili regarding the increase of mayors’, public servants' salaries starting 2022 'can be perceived as an attempt to have some influence on the election process'.
The unemployment rate in Georgia has increased 3.8 per cent in the second quarter of 2021 compared to the same period of last year, amounting to 22.1 per cent, the National Statistics Office of Georgia (Geostat) reports.
The increased unemployment rate in the second quarter of 2021 is related to coronavirus restrictions imposed in the same period of last year, Georgian Economy Minister Natia Turnava has stated today.
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.
Average monthly nominal earnings in Georgia increased by ₾213.3 (about $75) in the second quarter of 2022 compared to the same period of previous year, marking a 16.1 percent increase to reach ₾1.541 (about $544), the national statistics office of Georgia said on Thursday.