Statistics Office reports a 10.9% surge of Georgia’s average monthly earnings in Q3 to $731.92

As the National Statistics Office said on Monday, average monthly nominal earnings in Georgia raised by 10.9 percent (₾201.3 ($71.64) in the third quarter of 2024, compared to the same quarter in the previous year, and reached a total of ₾2,056.7 ($731.92).
According to the Office, the information and communication sector offered the highest monthly earnings (₾3,976.9 ($1,415.27) on average, showing an increase of 0.5 percent from last year). Then followed construction, (₾3,198.2 ($1,138.15) on average, up 5.4 percent), financial and insurance sector (₾3,186.6 ($1,134.02), up 13.5 percent),
professional, scientific, and technical sectors (₾3,062.9 ($1,090), up 17.1 percent).
Average earnings at ₾1,650.6 ($587.40) for women and ₾2,451 ($872.24) for men make the earnings gap between genders prevalent. An annual earnings growth is ₾191.5 ($68.15), or 13.1 percent, for women and ₾217 ($77.22), or 9.7 percent for men.
An increase in the business sector is 9.1 percent, (the average earnings attained ₾2,190.1 ($779.40). A decrease of 0.2 percent in the information and communication sector made the earnings fall to ₾4,065.8 ($1446.90), while an increase of 16.9 percent, averaging ₾3,500.5 ($1,245.73), was recorded in professional, scientific, and technical sectors.
Meanwhile, a 14.8 percent increase was seen by employees in the non-business and financial sectors, making their average earnings attain ₾1,813.5 ($645.37). Financial and insurance activities are the leaders in this domain.
The leaders in average earnings are the capital city of Tbilisi and the Mtskheta-Mtianeti region of the country.

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