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Average Salaries in Business Sector Rose to 1130.4 GEL in Q4

In the fourth quarter of 2016 averaged salaries in business sector made up 1130.4 GEL, up 85.8 GEL year on year, including salaries for females made up 819 GEL, up 66.1 GEL year on year.

According to Geostat, the national statistics Service of Georgia, averaged salaries are as follows:

  • Major business – 1268.5 GEL
  • Medium business – 1110 GEL
  • Small Business – 646.6 GEL

In the fourth quarter of 2016 the ratio of trade sector in business sector turnover structure made up 47.5% (including vehicles, household products and personal things). Processing industry ranks second with 11% ratio. Housing sector is third with 9.8%. Transport and communications rank fourth with 78.7% and other fields – 23%.

In the fourth quarter of 2016 the ratio of industry sector in business sector output marked 21.3%. Housing and commerce sectors ranked second and third with 19.8% and 17.1% respectively. Transport and communications sector – 12.6%; real estate, leasing transactions and services – 9.5%; ratio of all other fields – 19.7%.

In the fourth quarter the ratio of trading sector, processing and development sector in total number of employees made up 25.5%, 13.8% and 10.4% respectively.