Georgia Average Monthly Wages  Forecast


Wages in Georgia is expected to be 989.73 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 1045.38 in 12 months time. In the long-term, the Georgia Average Monthly Wages is projected to trend around 1043.82 GEL/Month in 2020, according to our econometric models.

Georgia Average Monthly Wages
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Georgia Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 11.8 11.2 11.2 10.9 10.9 10
Employed Persons 631 628 634 627 626 597
Unemployed Persons 235 219 209 205 201 187
Labor Force Participation Rate 67.5 67.26 67.43 67.36 67.3 66.21
Wages 1071 990 1046 990 1045 1044
Population 3.72 3.7 3.7 3.71 3.71 3.78
Wages In Manufacturing 882 851 904 815 856 896
Youth Unemployment Rate 30 28 28 27 27 25
Retirement Age Men 65 65 65 65 65 65
Retirement Age Women 60 60 60 60 60 60