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Average Monthly Salary in Georgia Amounts to GEL 1125

By Tea Mariamidze
Tuesday, December 18
The National Statistics Office of Georgia (Geostat) says that in the 3rd quarter of 2018 the average monthly salary in Georgia increased by 56.4 Gel compared to the III quarter of the previous year and amounted to GEL 1125.

Geostat says that in III Quarter of 2018 the majority sectors of economic activity indicated the increase of the average monthly salary compared to the III quarter of the previous year.

According to the economic activity the highest monthly earnings were observed in the following fields:

- Financial and insurance activities - 2354.3 Gel (annual growth 26.5 percent)
- Professional, scientific and technical activities - 1867.9 Gel (annual growth 8.6 percent)
- Information and communication - 1785.0 Gel (annual growth 18.0 percent)

Also, in Q 3 of 2018, the average earnings equaled to 851.9 GEL for women, while 1360.5 GEL for men and the annual growth of earnings amounted to 42.5 and 66.7 GEL, respectively.

“In the majority of sectors of the economy, the average monthly earnings of men were higher compared to women,” Geostat reports.

In addition, in Quarter 3, 2018 the average monthly earnings of hired employees in business sector equaled to 1186.7 GEL (annual growth 43.2 GEL).

According to the economic activity the highest monthly earnings were observed in the professional, scientific and technical activities (2186.0 Gel, annual growth 10.9 percent) and Information and communication field (1811.4 Gel, annual growth 19.5 percent).

In Q 3, 2018 compared to the III quarter of the previous year, the average monthly earnings of hired employees in non-business and financial sector increased by 76.8 GEL and amounted to 1019.5 Gel. According to the economic activity the highest monthly earnings were observed in the Financial and insurance activities and Public administration and defense; compulsory social security.

The average monthly salary of Q 3 of the last years looks as follows:

2014 Q3 – GEL 850.5
2015 Q3 – GEL 930.1
2016 Q3 – GEL 980.6
2017 Q3 – GEL 1069.1
2018 Q3 – GEL 1125.5