In 3Q2022 compared to the same quarter of previous year the volume of business sector turnover increased by 17.4% and amounted to GEL 47.5 billion, - according to the preliminary data from the National Statistics Office of Georgia (Geostat).
As of the document, in 3Q 2022, the trade sector (including repair of motor vehicles and motorcycles) has the highest share (38.5%) in the total turnover in the business sector, followed by arts, entertainment and recreation with 28.6% share, manufacturing – 9.5%, construction – 6.3% , transportation and storage – 5.2%, electricity, gas, steam and air conditioning supply – 2.5% and other sectors with 9.5% share.
According to Geostat, in 3Q2022, 61.7% of total turnover comes on large and 16.5% – on medium businesses while 21.8 percent is distributed to small business.
In 3Q2022, average monthly remuneration of employed persons equaled to GEL 1 714.2 (year-on-year increase by 258.7 GEL) while remuneration of employed women made up GEL 1 317.7 (year-on-year increase by 174.2 GEL). Average monthly remuneration of employed persons by size of enterprises is as follows:
• LARGE BUSINESS – GEL 1 794.4 • MEDIUM BUSINESS – GEL 1 955.2 • SMALL BUSINESS – GEL 1 420.4.
