Georgia Average Monthly Wages - Forecast

Wages in Georgia is expected to be 1160.00 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 1115.70 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.


Forecast Data Chart
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Georgia Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 13.9 13.8 13.7 13.7 13.7 13.5
Employed Persons 656 643 623 625 631 658
Unemployed Persons 276 272 265 265 265 262
Labor Force Participation Rate 65.8 66.4 66.8 66.8 66.8 65.9
Wages 1104 1250 1210 1116 1060 1400
Population 3.73 3.73 3.71 3.71 3.71 3.74
Wages In Manufacturing 938 980 924 962 974 1200
Youth Unemployment Rate 27.1 27 26 26 26 25
Retirement Age Men 65 65 65 65 65 65
Retirement Age Women 60 60 60 60 60 60