The number of companies that increased salaries for employees fell in the third quarter of 2025 compared to both the previous quarter and the same period last year, - according to the Business Association of Georgia (BAG) Index.
Only 23% of surveyed companies reported raising salaries in Q3. Looking ahead, 21% of companies plan to increase compensation in the fourth quarter of 2025.
In Q3 2025, the construction sector had the highest share of companies raising salaries, with 33% reporting increases.
In Q4, the trade sector is expected to lead, with 30% of companies planning to raise salaries.
Among the companies that increased wages in Q3 2025:
- 93% raised salaries by 0–20%.
- 7% increased salaries by 21–40%.
The BAG Index is a joint initiative of the Business Association of Georgia, the PMC Research Center, and the ifo Institute for Economic Research. It is published quarterly and reflects assessments by BAG member companies and their subsidiaries regarding the business climate, employment, and investment environment.
The Q3 2025 survey was conducted between August 19 and September 11, 2025, covering companies across four key sectors: trade, services, industry, and construction.
