In the I quarter of 2025, compared to the same quarter of the previous year, the volume of business sector turnover increased by 14.5% and amounted to 56.0 billion GEL, reads the report of GeoStat.
The increase was observed in the production value of the business sector as well. In the I quarter of 2025, production value equaled 20.7 billion GEL, which is 15.6% more year-on-year [YoY].
In the I quarter of 2025, large businesses generated 70.6% of total turnover, while medium size businesses generated 13.5%, and 15.9% was generated by small business.
A distribution was different in case of total production value: 48.6% was on large businesses, 23.1% - on medium, and 28.3% - on small businesses.
In the I quarter of 2025, total purchases of goods and services carried out by enterprises equaled 28.8 billion GEL (YoY 11.9% more), while the purchase of goods and services for resale amounted to 17.2 billion GEL (YoY 7.9% more).
In the I quarter of 2025, the average number of persons employed in business sector equaled 771.0 thousand, which is YoY 2.9% more. Out of the total number of persons employed, 43.9% were female and 56.1% were male.
Large businesses employed 43.7% of total number of persons, while 20.7% were employed by medium, and 35.5% - by small businesses.
The total number of employees amounted to 718.9 thousands (YoY 2.2% more).
The total personnel costs of enterprises equaled 4 776.5 million GEL (YoY 11.9% more).
In the I quarter of 2025, average monthly remuneration of employed persons equaled 2 169.6 GEL (184.2 GEL increase YoY) while remuneration of employed women specifically was 1 711.5 GEL (152.3 GEL increase YoY). Average monthly remuneration of employed persons by size of enterprises is as follows:
• Large business - 2 311.0 GEL
• Medium business - 2 559.1 GEL
• Small business - 1 675.8 GEL