In 2023, the average monthly nominal earnings of employees increased by 14.5 percent (223.8 Gel) compared to 2022 and amounted to 1 766.8 Gel,  the National Statistic Service (GeoStat) reported.

In 2023, wage increased in almost all sectors compared to the previous year. According to the economic activity the highest monthly earnings were observed in the following fields:

• Information and Communication – 3 858.5 Gel (increased by 27.2 percent compared to the previous year).
• Financial and Insurance Activities – 3 215.2 Gel (increased by 17.8 percent compared to the previous year);
• Professional, Scientific and Technical Activities – 2 506.5 Gel (increased by 9.7 percent compared to the previous year).

In 2023, the average monthly earnings equaled 1 425.4 Gel for women, while 2 099.8 Gel for men. The annual earnings growth amounted to 177.7 GEL (14.2%) for women and 272.9 Gel (14.9%) for men. In all sectors of the economic activities, men’s average monthly earnings were higher than women’s.

In 2023, the average monthly nominal earnings of employees in the public sector were 420.3 Gel (22.0%) lower than those in the non-public sector. Compared to 2022, the average monthly earnings increased by 15.7 percent in the public sector, while they increased by 13.9 percent in the non-public sector, amounting to 1 487.5 and 1 907.9 Gel, respectively.

In 2023, the average monthly earnings of employees in the business sector increased by 221.4 Gel (13.8%) and equaled 1 827.3 Gel. By economic activity, the highest monthly earnings were observed in the Information and Communication sector (3 958.3 Gel, increased by 27.1 percent compared to the previous year) and in the Professional, Scientific and Technical Activities sector (2 813.9 Gel, increased by 8.2 percent increase compared to the previous year).

In 2023, the average monthly earnings of employees in the non-business and financial sector increased by 226.0 Gel (15.9%) compared to the previous year and amounted to 1 649.6 Gel. By economic activity, the highest monthly earnings were observed in the Financial and Insurance Activities sector.