Georgia moves to 6th place in the “Doing Business” ratings

According to the World Bank’s ratings, the country received a score of 83.28. Compared to last year’s 82.4, Georgia’s score improved.

Georgia improved its position in the “Doing Business” ranking and moved up to the 6^th place compared to last year’s 9^th place. Before that, Georgia was in 16^th place. 

According to the World Bank’s ratings, the country received a score of 83.28. Compared to last year’s 82.4, Georgia’s score improved. In addition, Georgia’s rating is higher than the region’s average rating of 72.3.

The rating encompasses various criteria. the best results for Georgia were in the criterion of protecting minority investors and is in 2^nd place in the world, similar to last year. Under the category of starting a business, Georgia is in 4^th place in the World and in 4^th place for registering property criterion.  

The worst score for Georgia was under the “trade without borders” category, holding the 62^nd place on the list.

The biggest improvement was made under the category of tax payments,  where the growth amounted to 1.89 points.

In total, 190 countries were assessed by the World Bank ratings. Georgia’s position has not worsened in any of the categories.