LOCAL ECONOMIC DEVELOPMENT PLAN FOR TBILISI ... - LED

Most companies operating in the tourism cluster employ 5-20 people. In the
surveyed group no company employs over 100 workers.
Employees in companies
16% - 20 to 100
employee
15% - less than 5
employe
less than 5 employees
5 to 20 employees
20 to 100 employees
69% - 5 to 20
employee
Over half of the surveyed firms declares annual income of 5,000-50,000 Lari.
Two groups of companies account for 20% share of the market each – the
ones earning less than 5,000 Lari and 50,000-500,000 Lari. 8% of firms
declare over 500,000 of annual income. As far as th employment is
concerned, companies hiring less than 5 people declare income up to 50,000
Lari. In case of companies employing 20 to 100 workers their incomes is
evenly distributed into three groups.
Company incomes in 2006 in tourism sector
80%
70%
60%
50%
40%
30%
20%
10%
0%
less than 5
employees
5 to 20 employeeS
20 to 100
employees
Total
less than 5000 GEL 50% 13% 0% 20%
5000-50000 GEL 50% 56% 33% 52%
50000-500000 GEL 0% 25% 33% 20%
More than 500000 GEL 0% 6% 33% 8%