Georgia Average Monthly Wages - Forecast

Wages in Georgia is expected to be 1073.27 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 1080.75 in 12 months time. In the long-term, the Georgia Average Monthly Wages is projected to trend around 1062.14 GEL/Month in 2020, according to our econometric models.


Georgia Average Monthly Wages
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Georgia Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 11.8 10.9 10.9 11.37 10.9 10
Employed Persons 644 651 649 644 641 619
Unemployed Persons 235 241 233 225 217 240
Labor Force Participation Rate 67.5 66.68 66.82 66.97 67.11 65.17
Wages 1069 1073 1089 1064 1081 1062
Population 3.72 3.71 3.71 3.81 3.71 4.06
Wages In Manufacturing 882 846 866 848 863 848
Youth Unemployment Rate 30 27 27 32.63 27 25
Retirement Age Men 65 65 65 65 65 65
Retirement Age Women 60 60 60 60 60 60