Wages in Georgia increased to 1202.05 GEL/Month in the fourth quarter of 2018 from 1125.52 GEL/Month in the third quarter of 2018. Wages in Georgia averaged 776.18 GEL/Month from 2007 until 2018, reaching an all time high of 1202.05 GEL/Month in the fourth quarter of 2018 and a record low of 320.77 GEL/Month in the first quarter of 2007.
Wages in Georgia is expected to be 1210.00 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 1330.00 in 12 months time. In the long-term, the Georgia Average Monthly Wages is projected to trend around 1400.00 GEL/Month in 2020, according to our econometric models.