According to the National Statistics Office, the average salary in Georgia exceeds the median by 32.4%. The most significant disparity is found in the information and communications sector, where the average salary is nearly 50% higher than the median. Furthermore, Sakstat predicts that in 2024, the median salary will be below the average monthly salary in all sectors.
5 activities where the difference between median and average salary is most obvious:
• Information and communication - median - GEL 1,983, average - GEL 3,923 (difference 49.4%)
• Financial and insurance activities - median - GEL 1,919, average - GEL 3,678 (difference 47.8%)
• Professional, scientific and technical activities - median - GEL 1,786, average - GEL 2,823 (difference 36.7%)
• Construction - median - GEL 1,943, average - GEL 2,667 (difference 27.1%)
• Public administration and defence; compulsory social insurance - median - GEL 2,128, average - GEL 2,395 (difference 11.1%)
Note: In 2024, the median earnings of employees in Georgia increased by 7.6 percent compared to the previous year and amounted to 1 332 Gel. In 2024, the median earnings is 32.4 percent lower than the average monthly earnings.
Experts say that the average salary better reflects the «median wage». Median is the mean value of a series of data sorted by height. Accordingly, if there are 5 people working in the enterprise, of whom the manager’s salary is GEL 3,000 and the employees GEL 500-500, the median salary will be GEL 500 when calculating the median wage, and the average arithmetic average employee’s salary will be GEL 1,000.
