Category: Georgia
AVERAGE MONTHLY NOMINAL EARNINGS OF EMPLOYEES
In 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 more“Georgia’s economy has no chance of cutting poverty and stopping migration” – Demur Giorkhelidze
Economist 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 moreBusiness sector turnover amounted to 56.0 billion GEL in Q1, gambling segment accounted for largest share
In 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 more3.1% of employed in Georgia earn more than 9,600 GEL – PMCG
In 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, […]
Read moreBy 2028, the programmatic goal is to bring unemployment below 4% and raise the average salary above 3,500 GEL- PM
One of our key national goals is to eliminate poverty once and for all, and of course, economic growth is crucial for achieving this — by 2028, the programmatic goal is to reduce unemployment below 4% and raise the average salary above 3,500 GEL,” said Prime Minister Irakli Kobakhidze during a government meeting. According to […]
Read moreGeorgia sees slower job growth, fewer low-wage earners
PMC Research Center this week published data revealing that Georgia recorded 991,677 salaried employees in April 2025, a 2.2% increase compared to the same month in 2024 and 7.1% higher than in 2023. However, the year-over-year growth rate slowed by 2.6 percentage points, illustrating a deceleration in employment expansion compared to previous trends. The distribution […]
Read moreINDICATORS OF THE LABOUR FORCE (EMPLOYMENT AND UNEMPLOYMENT) I QUARTER, 2025 YEAR
In the I quarter of 2025, the unemployment rate in Georgia increased by 0.7 percentage points compared to the corresponding period of the previous year and equaled 14.7 percent. In the I quarter of 2025, compared to the corresponding period of the previous year, the number of hired employees increased by 5.3 thousand persons (0.6%) […]
Read moreGeorgia’s Tbilisi FTZ delegation heads to Uzbekistan for key industrial, logistics talks
A high-level delegation from the Tbilisi Free Trade and Industrial Zone, led by Giorgi Pertaia, is scheduled to visit Uzbekistan on May 21–22, 2025, to explore opportunities for industrial cooperation and logistics, Trend reports via the Ozeltexsanoat Association. During the visit, Giorgi Rogava, Commercial Director, and Soso Nibladze, Chief Executive Officer of the Tbilisi Free […]
Read moreGeorgia tightens entry rules for citizens of 17 countries
The Georgian government has decided to tighten entry rules for the citizens of 17 countries: Afghanistan, Bangladesh, Ghana, Ethiopia, Eritrea, Yemen, Cameroon, Côte d’Ivoire, Democratic Republic of the Congo, Morocco, Nigeria, Pakistan, Somalia, Syria, Sudan, Tanzania, and Uganda. The government resolution to do so was amended on 17 April and will come into effect on […]
Read moreGeorgians May Lose Visa-Free Travel to the European Union
Georgia may soon lose its visa-free travel to the European Union due to the country’s democratic backsliding, triggering widespread domestic and diplomatic reactions. Georgian opposition leaders support maintaining visa-free travel for citizens while urging the European Union to impose direct sanctions on the ruling Georgian Dream leadership, whom they blame for authoritarian reforms and damaging […]
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