Georgia net household income rises from 13.3bn to 33bn lari since 2020, Kobakhidze

Kobakhidze said the government expected Georgia’s economic growth to exceed the European Commission’s upgraded forecast of 5.5%
Author
Front News Georgia
Georgian Prime Minister Irakli Kobakhidze has claimed the combined net income of Georgian citizens has risen from 13.3 billion lari in 2020 to more than 33 billion lari in 2025, citing personal income tax data.
Speaking at a briefing at the government administration on Monday, Kobakhidze said the figures reflected taxes paid by around 1.4 million citizens and demonstrated a significant rise in household incomes over the past five years.
The prime minister also said Georgia’s average salary had increased by 48% over the last three years.
Kobakhidze linked the “improvements” to economic growth, arguing that rising incomes were directly reflected in social assistance and healthcare spending.
He reiterated that Georgia’s absolute poverty rate had fallen sharply, saying the number of people living below the poverty line had declined from 1.12 million in 2012 to 280,000 in 2025 under the same methodology.
According to the prime minister, absolute poverty remained the key indicator for measuring living standards.
Separately, Kobakhidze said the government expected Georgia’s economic growth to exceed the European Commission’s upgraded forecast of 5.5%.
He said the revised outlook was driven by first-quarter data, which showed economic growth of 9.1%.
Kobakhidze attributed the performance to what he described as sound economic policy, an effective tax system, anti-corruption measures and investor confidence, including new cooperation with Tether.
He said the government expected the current economic trend to continue and potentially accelerate further.
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