According to the Georgian National Statistics Office (GeoStat), Georgia’s business sector demonstrated significant growth in the first quarter (Q1) of 2025. Compared to the same period in 2024, total business turnover rose by 14.5%, reaching 56.0 billion GEL.

Production value in the sector also increased, totaling 20.7 billion GEL—an annual growth of 15.6%.

Business Turnover and Structure

Large businesses accounted for the majority of total turnover (70.6%), followed by small businesses (15.9%) and medium-sized enterprises (13.5%). The structure differed for production value:

• Large businesses contributed 48.6%

• Medium businesses – 23.1%

• Small businesses – 28.3%

Expenditures and Employment

Total purchases of goods and services by businesses amounted to 28.8 billion GEL in Q1 2025, marking an 11.9% increase year-on-year. Purchases for resale reached 17.2 billion GEL, up 7.9% from the previous year.

The average number of people employed in the business sector stood at 771,000—2.9% more than in Q1 2024. Of these, 43.9% were women and 56.1% men.

Employment distribution by company size was as follows:

• Large businesses – 43.7%

• Small businesses – 35.5%

• Medium businesses – 20.7%

Total employees numbered 718,900, reflecting a 2.2% year-on-year increase.

Salaries and Personnel Costs

Personnel costs reached 4.78 billion GEL, up 11.9% annually. The average monthly salary across the business sector was 2,169.6 GEL—a 184.2 GEL increase from the previous year. For women, the average salary was 1,711.5 GEL, 152.3 GEL more than a year earlier.

Average monthly salaries by business size:

• Large businesses: 2,311.0 GEL

• Medium businesses: 2,559.1 GEL

• Small businesses: 1,675.8 GEL

Sector Highlights

By turnover share, the leading sectors in Q1 2025 were:

• Arts, entertainment, and recreation: 35.9%

• Trade (including repair of vehicles): 32.7%

• Manufacturing: 7.1%

• Construction: 5.0%

• Information and communication: 4.7%

• Transportation and storage: 4.4%

• Other sectors: 10.2%

In terms of production value, the top contributors were:

• Manufacturing: 18.1%

• Trade: 17.1%

• Construction: 15.1%

• Information and communication: 12.6%

• Transportation and storage: 9.1%

The remaining sectors collectively made up 28.0% of total production.

Employment by Sector

The business sectors employing the most people were:

• Trade (wholesale/retail and vehicle repair): 29.1%

• Manufacturing: 11.7%

• Human health and social work activities: 9.7%

• Transportation and storage: 8.0%

• Construction: 7.7%

• Information and communication: 6.1%

• Accommodation and food services: 5.3%