In 3Q2024, the average monthly nominal earnings in Georgia increased by 10.9% (201.3 GEL) compared to the same quarter of the previous year and amounted to GEL 2 056, - according to the preliminary data from the National Statistics Office of Georgia (Geostat).
According to the economic activity the highest monthly earnings were observed in the following fields:
⦁ Information and communication – GEL 3 976 (increased by 0.5% compared to the corresponding period of the previous year);
⦁ Construction – GEL 3 198 (increased by 5.4%);
⦁ Financial and insurance activities – GEL 3 186 (increased by 13.5 percent);
⦁ Professional, scientific and technical activities – 3 062.9 Gel (increased by 17.1 percent).
In 3Q2024, the average monthly earnings of employees in the business sector increased by GEL 182.9 (9.1%) and equaled GEL 2 190. According to the economic activity the highest monthly earnings were observed in Information and communication (GEL 4 065 decreased by 0.2% compared to the corresponding period of the previous year) and Professional, scientific and technical activities (3 500 GEL, increased by 16.9%).
In 3Q2024, compared to the same quarter of the previous year, the average monthly earnings of employees in the non-business and financial sector increased by GEL 234 (14.8%) and amounted to 1 813.5 GEL. According to the economic activity the highest monthly earnings were observed in the Financial and insurance activities.