In 2024, the average monthly household income in Georgia rose by 10.1% compared to the previous year, reaching 1,896 GEL, according to the National Statistics Office (GeoStat). Meanwhile, the average per capita monthly income saw a sharper increase of 13.2%, amounting to 590 GEL.

Income Trends and Sources

The main contributor to household income remained cash inflows and transfers, which grew by 2.7 percentage points to 90.4% of total income. This share was higher in urban areas (94.9%) than in rural areas (81.7%).

• Urban households recorded a 12.6% increase in average monthly income, reaching 1,978 GEL.

• Rural households saw a smaller rise of 5.5%, with an average of 1,755 GEL.

Wages remained the largest source of cash income and transfers, making up 47.6%, despite a slight decline of 0.3 percentage points. Income from self-employment increased by 0.9 points to 12.7%, and the share of pensions, scholarships, and social assistance rose to 22.3%, up 0.4 points.

Expenditure Patterns

Average monthly household expenditures rose by 5.2%, amounting to 1,736 GEL. Per capita expenditures increased by 8.2% to 540 GEL. However, the share of household cash consumption in total expenditures declined slightly by 0.4 points, to 69.9%.

• Urban households spent an average of 1,813 GEL monthly, up 6.3% from the previous year.

• Rural household expenditures rose by 3.4%, totaling 1,603 GEL.

The largest share of consumption spending was on food, beverages, and tobacco, though this category declined by 0.5 percentage points to 38.1%. The composition of spending varied significantly between urban and rural households, reflecting different consumption patterns.

These figures highlight ongoing income and expenditure growth in Georgia, with a notable gap between urban and rural areas in both earnings and spending behaviors.