Compensation of employees (current LCU) in Georgia
Georgia: Compensation of employees (current LCU) was 3.91 billion current LCU in 2024. ◆ Volatile
Compensation of employees in Georgia, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, compensation of employees in Georgia stood at 3.91 billion current LCU. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 33.3% on the previous year and up 144.4% over ten years.
Over the whole period, compensation of employees in Georgia peaked at 3.91 billion current LCU in 2024 and was at its lowest, 30.90 million current LCU, in 1995.
That places Georgia 129th out of 156 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Compensation of employees (current LCU) in Georgia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 30.90 million current LCU | — |
| 1996 | 84.00 million current LCU | +171.8% |
| 1997 | 118.10 million current LCU | +40.6% |
| 1998 | 116.50 million current LCU | -1.4% |
| 1999 | 114.40 million current LCU | -1.8% |
| 2000 | 76.80 million current LCU | -32.9% |
| 2001 | 97.40 million current LCU | +26.8% |
| 2002 | 112.00 million current LCU | +15.0% |
| 2003 | 131.50 million current LCU | +17.4% |
| 2004 | 233.00 million current LCU | +77.2% |
| 2005 | 336.70 million current LCU | +44.5% |
| 2006 | 451.50 million current LCU | +34.1% |
| 2007 | 603.50 million current LCU | +33.7% |
| 2008 | 913.10 million current LCU | +51.3% |
| 2009 | 941.60 million current LCU | +3.1% |
| 2010 | 993.50 million current LCU | +5.5% |
| 2011 | 1.01 billion current LCU | +1.9% |
| 2012 | 1.05 billion current LCU | +3.6% |
| 2013 | 1.46 billion current LCU | +39.4% |
| 2014 | 1.60 billion current LCU | +9.2% |
| 2015 | 2.15 billion current LCU | +34.6% |
| 2016 | 2.25 billion current LCU | +4.8% |
| 2017 | 2.19 billion current LCU | -2.6% |
| 2018 | 1.78 billion current LCU | -19.0% |
| 2019 | 1.86 billion current LCU | +4.4% |
| 2020 | 1.95 billion current LCU | +4.9% |
| 2021 | 2.10 billion current LCU | +7.7% |
| 2022 | 2.29 billion current LCU | +9.0% |
| 2023 | 2.93 billion current LCU | +28.2% |
| 2024 | 3.91 billion current LCU | +33.3% |
Georgia compared with similar countries
- Georgia's 3.91 billion current LCU is below the median for upper middle income countries, which is 95.94 billion current LCU, 4% of the median. (47 countries reporting)
- Georgia's 3.91 billion current LCU is below the median for Europe & Central Asia, which is 31.50 billion current LCU, 12% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Compensation of employees (current LCU) in Georgia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +171.8% | 30.90 million current LCU | 84.00 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 92.78 million current LCU | 30.90 million current LCU | 118.10 million current LCU | 5 |
| 2000s | 389.71 million current LCU | 76.80 million current LCU | 941.60 million current LCU | 10 |
| 2010s | 1.64 billion current LCU | 993.50 million current LCU | 2.25 billion current LCU | 10 |
| 2020s | 2.63 billion current LCU | 1.95 billion current LCU | 3.91 billion current LCU | 5 |
Countries ranked near Georgia
More public sector data for Georgia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 15.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 4.46 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -100 % change on previous year (2023)
Frequently asked questions
- What is compensation of employees in Georgia?
- Compensation of employees in Georgia was 3.91 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Georgia?
- The highest recorded value was 3.91 billion current LCU in 2024.
- What is the lowest compensation of employees recorded in Georgia?
- The lowest recorded value was 30.90 million current LCU in 1995.
- How does Georgia rank for compensation of employees?
- Georgia ranks 129th out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Georgia?
- Over the last ten years it is up 144.4%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
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About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.