Baku, Azerbaijan, June 18
Trend:
The priority sectors of Tbilisi are health, entertainment and trade, as well as pharmaceutical sector, according to a research, Trend reports with reference to apsny.ge.
Traditionally, almost half of Georgia’s economy is in Tbilisi. Since 2013, FDI has increased in Tbilisi and if in 2013 the volume of foreign direct investment in the capital was $ 742 million, in 2017 it increased to $1.4 billion.
The largest share, $480 million, is in the transport and logistics sectors, following by the financial sector with $302 million and the real estate market with $158 million.
According to the survey, the population of Tbilisi is 1,158,677 people, which is 31 percent of the total population of Georgia. Of these, the labor force is 510,916 people, which is 25.8 percent of the total labor force in Georgia. It should be noted that the unemployment rate in Tbilisi is 24 percent, which is the highest among the regions of Georgia and also exceeds the average unemployment rate in the country.
The average wage in Tbilisi is 17 percent higher compared to other cities in Georgia, however, as stated in the study, it is lower than the average wage in cities of European countries with similar economies.
1 USD = 2.75 GEL on June 18