Georgia holds 47th place in the BDO investments attractiveness rating

Audit and business consulting company BDO published a research – International Business Compass 2017 – studying the investment environment of different countries.

International Business Compass researches reliability of countries using various mechanisms, which involve three directions: economic, political-legal and social-cultural.

Georgia’s position in this rating has advanced by three points and now the country holds 47^th place, however, it should be noted that the situation with this regard is still worse than in 2015, when Georgia was ranked 43^rd. From the economic point of view, Georgia holds 48^th place, political-legal rating is 46 and social-cultural – 56. 

As far as the investment attractiveness is concerned, Georgia’s position is the best among the neighboring countries: Armenia – 77^th place, Azerbaijan – 69^th place, Turkey – 53^rd place and Russia – 109^th place.

BDO International annually assesses investment attractiveness of 174 countries.