Economy
Posted: 4 years ago

Average Monthly Wages Increased in Georgia

According to Geostat, in the III quarter of the 2019 year, the average monthly earnings in Georgia increased by 92 Gel compared to the second quarter of the previous year and amounted to 1 217.1 Gel.

In the III quarter of 2019 the average earnings equaled to 924.1 Gel for women, while 1 475.7 Gel for men and the annual growth of earnings amounted to 72.2 and 115.2 Gel, respectively. In the majority of sectors of economy the average monthly earnings of men were higher compared to women.

In the III quarter of 2019 the average monthly earnings of hired employees in business sector increased by 129.5 Gel and equaled to 1 316.2 Gel. According to the economic activity the highest monthly earnings were observed in the Professional, scientific and technical activities (2 191.1 Gel, annual growth 0.3 percent) and Construction (2 023.5 Gel, annual growth 16.6 percent).

In the III quarter of 2019 compared to the second quarter of the previous year, the average monthly earnings of hired employees in non-business and financial sector increased by 22.5 Gel and amounted to 1 042.0 Gel. According to the economic activity the highest monthly earnings were observed in the Financial and insurance activities as well as in the Public administration and defence sectors.