Wages in Georgia decreased to 1150.14 GEL/Month in the second quarter of 2020 from 1202.73 GEL/Month in the first quarter of 2020.

Wages in Georgia averaged 822.57 GEL/Month from 2007 until 2020, reaching an all time high of 1319.63 GEL/Month in the fourth quarter of 2019 and a record low of 320.77 GEL/Month in the first quarter of 2007. This page provides - Georgia Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Average Monthly Wages - values, historical data and charts - was last updated on October of 2020.

Wages in Georgia is expected to be 1330.00 GEL/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Georgia to stand at 1400.00 in 12 months time. In the long-term, the Georgia Average Monthly Wages is projected to trend around 1400.00 GEL/Month in 2021, according to our econometric models.

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Georgia Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
1150.14 1202.73 1319.63 320.77 2007 - 2020 GEL/Month Quarterly
Current Prices, NSA

Georgia Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.70 13.90 18.30 10.30 percent [+]
Employed Persons 687.90 663.80 687.90 310.90 Thousand [+]
Unemployed Persons 245.70 276.40 360.76 212.01 Thousand [+]
Labor Force Participation Rate 63.90 65.80 66.80 60.31 percent [+]
Wages 1150.14 1202.73 1319.63 320.77 GEL/Month [+]
Population 3.72 3.73 4.91 3.65 Million [+]
Wages In Manufacturing 1051.00 974.00 1066.00 316.00 GEL [+]
Youth Unemployment Rate 26.60 27.10 39.87 26.60 percent [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Retirement Age Women 60.00 60.00 60.00 60.00 [+]


Georgia Average Monthly Wages
In Georgia, wages are benchmarked using average monthly earnings.