Business sector turnover rises 11.9% to GEL 67.5 billion in Q2, Geostat says

The volume of turnover in Georgia’s business sector increased by 11.9% year-on-year in the second quarter of 2026, reaching GEL 67.5 billion, according to data from the National Statistics Office of Georgia (Geostat).

The value of output produced by the business sector also increased. In Q2 2026, output totaled GEL 25.7 billion, up 10.7% compared with the same period last year.

According to Geostat, large businesses accounted for 69.8% of total business-sector turnover in the second quarter, while medium-sized businesses accounted for 11.6% and small businesses for 18.6%.

The distribution was different in terms of total output. Large businesses accounted for 48.6% of output, medium-sized businesses for 23.6%, and small businesses for 27.8%.

Meanwhile, enterprises purchased a total of GEL 32.5 billion worth of goods and services during the reporting period, 4.9% more than in the second quarter of 2025. Purchases of goods and services intended for resale amounted to GEL 19.4 billion, up 9.3% year-on-year.

The average number of people employed in the business sector reached 828,400 in Q2 2026, an increase of 4.1% compared with the same period last year. Women accounted for 43.8% of total employment, while men accounted for 56.2%.

Large businesses employed 42.6% of the total workforce, medium-sized businesses 19.7%, and small businesses 37.7%.

The total number of employees hired during the reporting period stood at 768,600, up 3.1% year-on-year. Total personnel expenses amounted to GEL 5.8273 billion, an increase of 10.3% compared with the same period of 2025.

The average monthly salary of employees in the business sector reached GEL 2,471.5 in the second quarter, GEL 153.8 higher than a year earlier. The average monthly salary for women stood at GEL 1,944.9.

By business size, average monthly salaries were GEL 2,622.8 in large businesses, GEL 2,918.9 in medium-sized businesses, and GEL 1,972.3 in small businesses.

Arts, entertainment and recreation accounted for the largest share of business-sector turnover in Q2 2026, at 36.5%. Wholesale and retail trade, including the repair of motor vehicles and motorcycles, ranked second with 32.4%.

Manufacturing accounted for 8.1% of turnover, followed by transportation and storage at 4.8%, construction at 4.8%, and information and communication at 3.4%. The remaining sectors accounted for 10%.

In terms of total output, manufacturing held the largest share at 20.5%, followed by trade at 18%, construction at 14.4%, transportation and storage at 9.8%, and information and communication at 8.9%. Other sectors collectively accounted for 28.4% of total output.

Trade employed the largest share of the business-sector workforce in Q2 2026, at 29.5%, followed by manufacturing at 11.3% and human health and social work activities at 9.1%.

Transportation and storage accounted for 8.1% of employment, construction for 7.6%, information and communication for 6.4%, and accommodation and food service activities for 5.7%, according to Geostat.