Armenia vs Georgia: Average hourly labour cost per employee - Discontinued
Average hourly labour cost per employee - Discontinued over time
- Armenia
- Georgia
How they compare
Georgia currently reports 1,574 against 1,377 in Armenia, a difference of 197.
That makes Georgia's figure about 1.1 times Armenia's.
Across all 8 years both countries report, Armenia has been ahead every year.
Armenia ranks 10th and Georgia ranks 9th of 50 countries.
Armenia has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher average hourly labour cost per employee - discontinued, Armenia or Georgia?
- Georgia, at 1,574 against 1,377 in Armenia as of 2022.
- What is the difference in average hourly labour cost per employee - discontinued between Armenia and Georgia?
- 197, with Georgia ahead.
- How many years of comparable data are there for Armenia and Georgia?
- 8 years are reported by both, from 2011 to 2018.
- How do Armenia and Georgia rank globally for average hourly labour cost per employee - discontinued?
- Armenia ranks 10th and Georgia ranks 9th of 50 countries.
- Where does this data come from?
- International Labour Organization, published as Average hourly labour cost per employee - Discontinued. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Data on labour cost is presented, whenever possible, in nominal terms and on the basis of the mean hourly labour cost per employee. Labour cost is the cost incurred by the employer in the employment of labour in a specified reference period. It comprises remuneration for work performed, payments in respect of time paid for but not worked, bonuses and gratuities, the cost of food, drink and other payments in kind, cost of workers' housing borne by employers, employers' social security expenditures, cost to the employer for vocational training, welfare services and miscellaneous items, such as transport of workers, work clothes and recruitment, together with taxes regarded as labour cost. For more information, refer to the Prices, Costs, and Currency Conversions (PRICES) database description.