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LOCAL ECONOMIC DEVELOPMENT PLAN FOR TBILISI ... - LED

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Table 4-8 Average monthly wages in sectors<br />

1997 1998 1999 2000 2001 2002 2003 2004<br />

Average monthly<br />

wages (in GEL):<br />

Total in the country 52,1 67,1 76,8 83,6 90,6 103,6 107,2 118,3<br />

economy<br />

In the state sector 43,9 55,3 62,1 63,9 70,4 75,2 78,8 91,4<br />

In the private<br />

sector<br />

56,6 73,0 83,9 93,5 102,0 120,0 122,0 132,8<br />

Average monthly<br />

wages (in GEL):<br />

In industry 63,8 80,6 86,7 94,0 115,1 138,4 127,3 142,1<br />

In agriculture 36,7 41,5 51,6 89,0 82,7 81,1 82,7 76,4<br />

In service sector 50,4 65,0 75,2 80,8 86,0 96,8 103,9 114,0<br />

In banking financial<br />

sector<br />

87,1 102,2 131,4 100,6 107,6 177,1 158,6 216,7<br />

- Rise in salaries has been observed. The best paid jobs are in the construction cluster.<br />

The average pay in this cluster is 30% higher than in the whole Tbilisi business sector and<br />

its salaries rose the most in the last examined years, i.e. 2005-2006. Another cluster<br />

where the salaries are higher than the business cluster average is the industry cluster<br />

where the significant rise in salaries – by about 50% - took place last year. The lowest<br />

salaries, not exceeding 220 GEL, were earned in the tourist cluster, although they did rise<br />

by 30% in the last examined year. Also, the pay level offered on this market in the three<br />

last examined years (2004-2006) was 30% lower than the salaries in the whole business<br />

cluster. The salaries in the trade, repair of vehicles, personal and household goods cluster<br />

grew considerably in the last examined year (2005-2006) and are comparable with the<br />

mean salary levels in the whole business sector. In the previous years the salaries rose<br />

gradually, but no more than by 10% yearly.<br />

- The comparative analysis of the turnover and employment in 2001-2006 in Tbilisi and<br />

Georgia demonstrates a strong correlation between the processes taking place on the<br />

examined markets in the Georgian national economy and in the economy of Tbilisi. The<br />

tendencies observed in Tbilisi have their reflection in the tendencies happening nationally,<br />

which is due mainly to the fact that Tbilisi economy in the area of the examined clusters<br />

accounts for over 50% of the national turnover and employment.<br />

41

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