PMC Research Center reports that the number of people in Georgia receiving a monthly salary was 991,803 in May 2025, reflecting a slight annual increase of 1.5% compared to May 2024. The figures discussed below are part of PMC Research Center’s regular labor market monitoring supported by USAID and the European Union. Despite the year-on-year […]
Read moreGeorgia’s economy is expected to decelerate after a year of exceptionally strong growth, but maintain a solid pace of expansion at 5-6% in 2025 and 2026, based on the European Commission’s latest European Economic Forecast. The report attributes continued momentum to robust domestic demand and the country’s strategic position amidst geopolitical shifts driven by Russia’s […]
Read moreGeorgia’s IT sector is showing signs of stagnation, with just 18 new companies registered in 2025, a slowdown that reveals deeper structural issues, as the new report published by Institute for Development of Freedom of Information (IDFI) says. The report emphasizes that much of Georgia’s recent tech growth was driven by the post-2022 influx of […]
Read moreThe World Bank (WB) has published the 2024 results for global labor productivity. Labor productivity is measured as the level of GDP per employed person, adjusted for purchasing power and constant prices. The WB says labor productivity in Georgia increased by 10.4% in 2024, surpassing 56,608 international dollars. This double-digit annual growth places Georgia second […]
Read moreIrakli Nadareishvili, Deputy Minister of Economy and Sustainable Development, met with Han Jun, Deputy Director of China’s Civil Aviation Administration (CAAC), to discuss strengthening civil aviation ties between Georgia and China. Nadareishvili expressed interest in expanding cooperation and increasing the number of flights operated by Georgian and Chinese airlines. He noted that the recent introduction […]
Read moreIn recent years, Georgia’s IT services sector has grown from a small, promising industry into a major driver of the country’s economy. Backed by low taxes and a skilled workforce, the sector expanded rapidly between 2017 and 2023. But new data from the National Bank of Georgia shows that, in 2024, IT service exports dropped […]
Read moreIn the I quarter of 2025, the average monthly nominal earnings in Georgia increased by 11.7 percent (226.7 GEL) compared to the same quarter of the previous year and amounted to 2 170.1 GEL. According to the economic activity the highest monthly earnings were observed in the following fields: ⦁ Financial and insurance activities – […]
Read moreEconomist Demur Giorkhelidze says in a conversation with Commersant that the country has no chance to make progress in reducing poverty. The economist comments on the Prime Minister’s statement, where Irakli Kobakhidze noted that the government’s goal is to cut unemployment to below 4% by 2028. “Everything is in the hands of the government, the […]
Read moreIn the I quarter of 2025, compared to the same quarter of the previous year, the volume of business sector turnover increased by 14.5 percent and amounted to 56.0 billion GEL. The increase was observed in the production value of the business sector as well. In the I quarter of 2025, production value equaled 20.7 […]
Read moreIn April 2025, the number of persons receiving a monthly salary of 9 600 GEL and more increased and stood at 3.1% that is 0.7% more compared with the corresponding period of 2024, and 1.2% more than in the corresponding period of 2023, as per PMCG employment tracker. The document states that in April 2025, […]
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