Investor Presentaiton
Sources: GeoStat
2000
1000
2010
1150
2011
1300
2012
2013
2014
Sources: GeoStat
1450
27.2 27.2
26.7
26.4
23.0
2015
2016
21.9
Employed
Unemployment %
Average monthly nominal earnings in business sector
2017
2018
30
0.9
0.8
21.7
21.6
21.9
25
20.4
0.7
19.2
17.6 18.3 18.3
17.0
20
20
0.6
0.5
15
0.4
0.3
10
0.2
5
0.1
0
0
2019
07
SIGN OF RECOVERY IN WAGES WHILE EMPLOYMENT LAGS BEHIND
Unemployment rate up to 21.9% in 1Q21
UNDP Human Development Index
Sources: UNDP
GEORGIA
CAPITAL
Il 20
III 20
2000
IV 20
121
2000
2001
2002
2003
2004
0.67 0.68 0.68 0.69 0.70 0.71 0.72 0.73 0.73 0.73 0.74 0.74 0.75 0.76 0.77 0.77 0.78 0.78 0.79 0.81
2005
1,405
1,417
1500
1,319
1,316
1,242
1,024
1,107 1,144
1,106 1,150 1,187
1,241
1,152
1,227 1,176
1,306
1,284 1500
1,604
1,625 1,655 1,627
1,676
1,629
1,654
1,641
1,605 1,573 1,545
1,515 1,529
1,506
1,447
367
436
442
442
430
374
359
354
309
277
283
1000
1000
277
260
308
317
446
434
417
392
398
371
455
452
445
453
398
423
449
392
346
500
500
900Z
2007
2008
2009
710
724
759
739
795
855
854
869
903
898
891
840
845
805
783
0
0
117
17 17 IV 17 18 18 18 IV 18 | 19 || 19 | 19 IV 19 120 II 20 III 20 IV 20 121
Construction
Trade
Real estate
Education
Accommodation and food service
Wages, total
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
1 20
II 20
III 20
IV 20
121
| Hired
Self-employed
Unemployed
Not-identified worker
Labor force decomposition
Sources: GeoStat
Number of hired workers fell by 22,000 q-o-q and by 108,000 y-o-y in 1Q21, while the number
of unemployed increased by 10,000 q-o-q and by 35,000 y-o-y
138
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019View entire presentation