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Special Report

November 15, 2024

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economics

    HOUSEHOLD INCOME AND POVERTY IN GEORGIA (2019-2023)

    PMCG

    EXECUTIVE SUMMARY

    Income growth: From 2019 to 2023, nominal median household income in Georgia increased by 50.1%, reaching GEL 1,328. Due to rising consumer prices (which increased by 29.3% over this period), real median household income, when adjusted for inflation, grew by only 16.6%, amounting to GEL 1,027.


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