Average hourly labour cost per employee - Discontinued in Georgia
Georgia: Average hourly labour cost per employee - Discontinued was 1,574 in 2022. ▲ Rising
Average hourly labour cost per employee - Discontinued in Georgia, 2009–2022
Source: International Labour Organization.
Analysis
Georgia recorded 1,574 for average hourly labour cost per employee - discontinued in 2022. That is the highest value across all 13 years on record.
Compared with earlier readings it is up 17.0% on the previous year and up 119.1% over ten years.
Over the whole period, average hourly labour cost per employee - discontinued in Georgia peaked at 1,574 in 2022 and was at its lowest, 562.9, in 2009.
Georgia ranks 9th of 50 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Average hourly labour cost per employee - Discontinued in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 2009 | 562.9 | — |
| 2010 | 603.6 | +7.2% |
| 2011 | 642.4 | +6.4% |
| 2012 | 718.4 | +11.8% |
| 2013 | 780.5 | +8.6% |
| 2014 | 824.59 | +5.6% |
| 2015 | 909.06 | +10.2% |
| 2016 | 949.49 | +4.4% |
| 2017 | 1,017 | +7.1% |
| 2018 | 1,080 | +6.2% |
| 2019 | 1,155 | +6.9% |
| 2021 | 1,345 | +16.5% |
| 2022 | 1,574 | +17.0% |
Georgia compared with similar countries
- Georgia's 1,574 is above the median for Europe & Central Asia, which is 45.65, 34.5× the median. (38 countries reporting)
- Georgia's 1,574 is above the median for upper middle income countries, which is 834.5, 1.9× the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 562.9 | 562.9 | 562.9 | 1 |
| 2010s | 867.92 | 603.6 | 1,155 | 10 |
| 2020s | 1,459 | 1,345 | 1,574 | 2 |
Countries ranked near Georgia
More work & labour data for Georgia
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.5749 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5695 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.5795 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.16 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.0234 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 2,483 1000 No (2050)
- Population - Est. & Proj. — Rural population 911.09 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 1,505 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 1,465 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 2,969 1000 No (2100)
Frequently asked questions
- What is average hourly labour cost per employee - discontinued in Georgia?
- Average hourly labour cost per employee - discontinued in Georgia was 1,574 in 2022, according to International Labour Organization.
- What is the highest average hourly labour cost per employee - discontinued recorded in Georgia?
- The highest recorded value was 1,574 in 2022.
- What is the lowest average hourly labour cost per employee - discontinued recorded in Georgia?
- The lowest recorded value was 562.9 in 2009.
- How does Georgia rank for average hourly labour cost per employee - discontinued?
- Georgia ranks 9th out of 50 countries with data for 2022.
- Is average hourly labour cost per employee - discontinued rising or falling in Georgia?
- Over the last ten years it is up 119.1%. The long-run trend across the full record is rising.
- Where does this Georgia data come from?
- The figures come from International Labour Organization, published as part of Average hourly labour cost per employee - Discontinued. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under ILO Terms of Use (attribution required).
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.