HomeBussinesEconomyTegeta For Business
TourismFinanceHealthcareSport
TechWorldPoliticsFinancial education
StartupsWEEKENDBusiness advisorSociety
CybersecurityOpinionPersonalFinancePodcasts
EditorialBusiness IntelligenceAll VideosOther
flag
AMD 7038.2
0.0027
flag
AZN 1.583
-0.0003
flag
CNY 37.804
0.0043
flag
EUR 3.1651
0.0076
flag
GBP 3.6556
0.0145
flag
KZT 50.13
-0.0022
flag
TRY 0.0652
0
flag
USD 2.6921
-0.0004

Business Sector Turnover, Output, and Employment Reached Record-Breaking Levels in Second Quarter of 2025

news image

In the second quarter of 2025, the business sector’s turnover was increased by 12,5% compared to the same period of the previous year, reaching a record 60,3 billion GEL.

The output of the business sector in the second quarter of this year amounted to 23,2 billion GEL, which is 13,0% higher indicator than the figure for the same period of the previous year and represents a record for a second quarter. The output of large enterprises was increased by 15,1%, while the output of small and medium-sized enterprises was increased by 11,3%.

It is noteworthy that the number of people employed is growing in parallel with the increase in economic activity in the business sector. In the second quarter of 2025, the number of jobs in the business sector was increased by 3,3%, or by 25800 jobs reaching a record number of 795600 for that quarter.

According to data for the first two quarters of the year, the business sector’s turnover was increased by 13,5% reaching 116,3 billion GEL, while the business sector’s output reached 43,9 billion GEL, which is 14,2% higher indicator than the figure for the same period of the previous year.

Significant contributions to the output growth were made by the following sectors: Information and Communications (76,4% growth); Trade (8,3% growth); Construction (3,6% growth); Transportation and Warehousing (15,1% growth); Manufacturing (3,9% growth).

In the second quarter of 2025, the average monthly salary of hired employees was also increased by 212,1 GEL, or 10,1% equaling 2317,6 GEL. In the same period, compared to the same quarter of the previous year, jobs increased in all sectors of the economy. The highest contributions to employment growth came from the following sectors: Trade (increase of 12000 persons, 5,5%); Accommodation and Food Service Activities (3700 persons, 9,5%); Transportation and Warehousing (3200 persons, 5,3%); Information and Communications (1600 persons, 3,4%); Professional, Scientific, and Technical Activities (1400 persons, 5,9%); Manufacturing (1000 persons, 1,1%).

news banner
მაია არაბიძე ავტორი

Other News

Economy
image Mariam Kvrivishvili: Optimization of state enterprises saved 700 million GEL to the Budget, which will be directed towards the further strengthening of the enterprises

09.09.2025.16:03

Kvrivishvili, the Ministry, following the order of Prime Minister Irakli Kobakhidze, prepared the plan, and the process is already underway in the enterprises.

“With this optimization plan, the budget has saved 700 million GEL, which is due to large-scale staff optimization, as well as the reduction of procurement, service costs, and the purpose and value of certain projects. It is very important that this amount will be fully directed toward the further strengthening and improvement of the enterprises themselves and the implementation of targeted projects” – Mariam Kvrivishvili noted.

Minister of Economy and Sustainable Development emphasized that the process of optimization of the state enterprises will have a huge impact on the country’s entire economy in various areas including sectoral strengthening and development.

“We are also continuing the next stages of optimization and will present new visions directly regarding the improvement and development of the sectors and enterprises. The public will be informed about the process promptly” – Mariam Kvrivishvili noted.

Georgian Economic Forum

Powered by Business Insider Georgia

Read more
economic forum

Subscribe to news