Categories: Georgia

Geostat published statistical survey of Non-profit institutions 2019

The FINANCIAL — National Statistics Office of Georgia published data of Main Indicators of Non-profit Institutions (2019). The biggest share in entire structure of turnover belongs to education. The production value (of goods and services) of Non-profit institutions has been amounted 1402.6 mil. Georgian Lari, Which 30.1% higher compared to previous year.  Data shows that turnover increased about 2.2 times in the wholesale and retail trade, repair of motor vehicles and motorcycles activities. 

The Non-profit institutions are legal entities or organizations which produce goods and services and are not focused to receive financial profit. The main part of goods and services produced by Non-profit institutions are distributed free of charge or in not significant prices. The mentioned organizations mostly are on self-financing or membership fees. The financial and nonfinancial assets can be considered as income of Non-profit institutions. They are encouraged to make an additional economic activity.

By the declared data of 2019 the turnover from auxiliary activities of Non-profit institutions has been amounted 169.9 mil. Georgian Lari, Which 23.3% higher compared to previous year.

The biggest share in entire structure of turnover belongs to education (36.9%), arts, entertainment and recreation (21.0%), Health care and social work (18.6%), other services (7.7%), professional, scientific and technical activities (7.5%) and information and communication activities (4.1%).

According to given data turnover increased about 2.2 times in the wholesale and retail trade, repair of motor vehicles and motorcycles activities, 2 times in the water supply, sewerage, waste management and remediation activities, 1.9 times in the professional, scientific and technical activities, 43.8 % in the arts, entertainment and recreation activities, 30.8% in the transportation and storage activities and 25.2 % in the education sector.

The production value (of goods and services) of Non-profit institutions has been amounted 1402.6 mil. Georgian Lari, Which 30.1% higher compared to previous year. The biggest share in entire production value structure belongs to Health care and social work (28.9%), other services (20.6%), arts, entertainment and recreation (16.1%), education (13.5%), professional, scientific and technical activities (13.1%). The number of employed persons of Non-profit institutions in 2019 comparably to 2018 has been increased by 2.6% and it amounted to 54.4 thousand of which 53.2 % female and 46.8 % male.

 

The biggest share in entire employment structure belongs to education sector (28.8%), arts, entertainment and recreation (22.5%), Health care and social work (14.4%), rest of share is distributed on other sectors. From the total employed people 53.7 thousand were hired (of which 53.3% is female). The number of hired persons in 2019 comparable to 2018 increased by 2.8%.

Today, National Statistics Office of Georgia also published data of Activities of Enterprises in 2019. In the Year 2019 compared to the previous year the volume of business sector turnover increased by 25.9 percent and amounted to 109.0 billion GEL.  The total number of employed persons amounted to 702.0 thousand (year-on-year 3.3 percent higher). Trade manufacturing and human health and social work activities were leading in the business sector by the number of employees.

Georgia’s GDP declined by 5.3% in August 2020

The FINANCIAL

Recent Posts

Second Bank Employee Admits Role in Fraud Conspiracy

PROVIDENCE –  Another former bank employee today admitted to a federal judge that she stole…

5 days ago

Sussex County Woman Sentenced to 34 Months in Prison for Concealing Terrorist Financing to Syrian Foreign Terrorist Organizations

A Sussex County, New Jersey, woman was sentenced today to 34 months in prison for…

5 days ago

Brooklyn Park Man Pleads Guilty to His Role in $250 Million Feeding Our Future Fraud Scheme

Liban Yasin Alishire has pleaded guilty to his role in the $250 million fraud scheme…

5 days ago

Former CEO Of Email Security Company Sentenced To Five Years In Prison

Damian Williams, the United States Attorney for the Southern District of New York, announced today…

5 days ago

Trusted B2B Trading Platform

In today's fast-paced and intensely competitive business world, it is necessary for organisations to constantly…

5 days ago

Part-time working can boost economy and bring economically inactive people back into work

A major new research report into the flexible furlough scheme from Cranfield University’s School of…

5 days ago