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Subsistence minimum for average household up in Georgia

Business Materials 16 November 2020 17:37 (UTC +04:00)
Subsistence minimum for average household up in Georgia

BAKU, Azerbaijan, November 16

By Tamilla Mammadova – Trend:

Subsistence minimum for average household in Georgia for October increased up to 187.7 lari ($57.20) which is 3.7 lari ($1.13) more compared to the previous month, Trend reports with reference to the National Statistics Office of Georgia (Geostat).

However, the rate of subsistence minimum is declined by 5.2 lari year-on-year, according to the data from Geostat.

Subsistence minimum distributed by type of household in October:

- For single member household – 187.7 lari ($57.20)
- For two-member household – 266 lari ($81.06)
- For three-member household – 299.3 lari ($91.21)
- For four-member household - 332.5 lari ($101.33)
- For five-member household – 374.1 lari ($114.01)
- For six and more member household – 442.3 lari ($134.79)

Geostat calculates the subsistence minimum based on the minimum food basket, which was determined by the order of the Minister of Health of Georgia on May 8, 2003.

The food basket contains the necessary set of products to maintain the normal life of an individual. The minimum food basket consists of 40 types of products, including bread, cereals, meat, dairy products, vegetables, and pastries.

The subsistence minimum is only an indicator of the cost of food. It does not include utility bills, transportation expenses, and other obligatory expenses of the population.

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