Average monthly incomes decreased by 6.4% per household, by 4.4 per capita and amounted to 1,100 GEL and 321.4 GEL correspondingly, - show preliminary data from the Statistics Office of Georgia (Geostat).
According to the report, the amount of households total incomes in urban areas decreased by 4.3% to 747.8 million GEL, while that of rural areas decreased by 5.0% to 446.9 million GEL.
“In 2020, the income from wages has a significant contribution in the structure of cash incomes and transfers, the share of which decreased by 0.9 percentage points y.o.y and amounted to 47.8%. Additionally, the share of income from self-employment decreased by 2.0 percentage points and equaled 9.4%. Also, the share of income from pensions, scholarships and social assistance increased by 4.4 percentage points compared to the same period of the last year and amounted to 23.4%”, the document reads.
According to Geostat, the average monthly expenditures per household decreased by 9.4% and is equal to 1, 038 GEL, while the average monthly expenditures per capita decreased by 7.4% and amounted to 303.3 GEL.
In 2020, the share of household cash consumption expenditures in total expenditures increased by 2.0 percent points compared to 2019 year and equals to 70.1%.
