(MENAFN- Trend News Agency)
BAKU, Azerbaijan, June 19. The average monthly
salary in Georgia's business sector from January through March 2024
reached 1,985 lari ($764), up 12.9 percent year-on-year, Trend reports via the
National Statistical Service of Georgia (Sakstat).
Overall, the average salary of hired workers in the reporting
period reached 1,943 lari ($684), which is a 13.2 percent increase
from the first quarter of 2023.
The Sakstat also revealed a surge in the non-commercial and
financial sectors.
The average nominal salary here for the first quarter of 2024
was 1,870 lari ($703.70), which is 13.8 percent higher compared to
the same period last year.
In the first quarter of 2024, the highest average monthly
salaries were recorded in the following sectors:
- financial and insurance activities: the average nominal salary
in this sector was an impressive 4,519 lari ($1,701), which is 20.2
percent higher compared to the same period last year.
- information and communications: in this field, the average
nominal salary reached 3,956 lari ($1,489). An increase of nine
percent compared to last year indicates steady growth in earnings
in the information technology and communications sectors.
- scientific and technical activities: workers engaged in
scientific and technical activities earned an average of 2,672 lari
($1,005) per month, which is 12 percent higher compared to the same
period last year.
- construction: the average nominal salary in the construction
industry was 2,624 lari ($987.05), which is 22.3 percent higher
than last year.
To note, the average annual pay of employees in Georgia last
year totaled $68,612.
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