17.5% of Georgian population under poverty line in 2021
The average monthly household income in Georgia was ₾1221.8 ($428.7/€399.3) last year, while the average monthly income per capita totalled ₾364.8 ($128/€119.2), Geostat said. Photo: Nino Alavidze/Agenda.ge
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A total of 17.5 percent of the Georgian population was under the absolute poverty line in 2021, a 3.8 percentage point decrease compared to the previous year, the latest data of 2021 poverty indicators published by the National Statistics Office of Georgia show.
Geostat said the decrease had been observed in all age groups of the population last year, including:
- People under 18 - 22.7% (-3.7 percentage points)
- People aged 18-64 - 17.3% (-3.9 percentage points)
- People aged 65 and older - 11.9% (-3.5 percentage points)
The absolute poverty rate also posted a 3.8 percent decrease for both women and men in 2021, amounting to 17.1 percent and 17.9 percent, respectively.
Additionally, the figure decreased in urban areas in Georgia by 2.1 percentage points - amounting to 15 percent - and rural areas by 6.3 percentage points, totalling 21.3 percent.
The unemployment rate in the country increased by 2.1 percent in 2021 compared to the previous year and reached 20.6 percent, other data from Geostat said.
The average monthly household income in Georgia was ₾1221.8 ($428.7/€399.3) last year, while the average monthly income per capita totalled ₾364.8 ($128/€119.2), Geostat said.
A total of 14,744, 673 million GEL ($4,557,991mln/€4,148,970mln) was issued by municipalities across Georgia last year in the form of “individual state aid,” with the figure marking a 22 percent increase compared to 2020, the Georgian National Competition Agency announced on Thursday.
A total of 117,897 people received governmental social support package in Georgia in 2021, figures from the National Statistics Office of Georgia (Geostat) show. In the latest release of data from the agency, statistics for state financial aid to underprivileged citizens show 34.7 percent of recipients being women, with 65.3 percent men.
Unemployment rate in Georgia increased by 2.1 percent in 2021 compared to the previous year and reached 20.6 percent across the country, data from the National Statistics Office of Georgia shows.
The number of people receiving social assistance in Georgia has reached 633,000 in October 2021, Social Service Agency reports. As of today, 17% of the Georgian population receive social assistance, while the total amount of allowance given to the socially vulnerable exceeded 43 million GEL (about $13.61 m. / €11.79 m.) in October.
Georgia will have new, fiscally sustainable mechanisms to improve the support framework for energy projects, which will help to ensure energy independence, Economy Minister Levan Davitashvili said on Friday at a plenary session of the Georgian Parliament.
The estimated real Gross Domestic Product of Georgia grew by 2.6 percent in April 2022 year-on-year, while the average real GDP increased by 10.8 percent between January-April, the latest data from the National Statistics Office of Georgia show.
The average monthly salary in Georgia went up by ₾190 ($65/€62) in the first quarter of 2022, marking a 15.1 percent growth compared to the same period of last year and totalling ₾1,446 ($495/€476), the latest data of the National Statistics Office of Georgia show.
The nominal Gross Domestic Product amounted to ₾14,35 billion in the first quarter of 2022, the latest data from the National Statistics Office of Georgia show. "The real GDP increased by 14.9 percent year-on-year, while the GDP deflator rose by 8.7 percent", said Geostat.