Georgia Ranks 7th among 190 Countries in the World Bank Doing Business 2020

Georgia has ranked 7th with 83.7 points out of 190 countries in terms of Ease of Doing Business, the World Bank Report 2020 says.

Last year, Georgia ranked 6th on the list.   

“For starting a business, for example, Georgia and New Zealand have the lowest number of procedures required, the survey reads, adding that “in dealing with construction permits, Georgia improved its building quality control by increasing public access to information.”  

In the ranking, Georgia is ahead of Great Britain, Norway, Sweden, Germany, Lithuania and other countries.

The list is led by New Zealand, followed by Somalia.

The World Bank has been publishing the Ease of Doing Business rating since 2003.

By Ana Dumbadze