Georgia improves position in list of ‘Freedom Barometers’
This year, Georgia is in 27th position among a list of 45 countries and scored 69.06/100. Photo: Nino Alavidze/Agenda.ge.
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Georgia has improved its position in the latest list of ‘Freedom Barometers’ published by the Friedrich Naumann Foundation annually for different countries around the world.
The report summarises the indicators of countries in regard to political freedom, rule of law, and economic freedom.
This year, Georgia is in 27th position among a list of 45 countries and scored 69.06/100. Georgia’s scores improved by 4.95 points overall in comparison to last year.
Georgia's points improved in the categories of:
- Freedom of press - by 2.10 points
- Rule of law - by 1.08 points
- Corruption - by 0.20 points
- Protection of human rights – by 0.58 points
- Security of property rights – by 1.13 points
- Size of government: expenditures, taxes and enterprises – by 0.02 points
- Regulation of credit, labour and business – by 0.28 points
Worsened in the categories of:
- Freedom to trade internationally – by 0.08 points
- Free fair elections – by 0.36 points
Georgia is ahead of all its neighbouring countries as well as Italy, Croatia, Bulgaria, Greece, and Hungary. However, in the post-Soviet space, Georgia is behind the Baltic States.
Georgia has improved its position and now takes 16th place in the latest Best European Countries for Business 2019 report, published by the European Chamber (EuCham), a non-profit international organisation headquartered in Italy.
In the newest rankings by Global Finance Georgia takes 49th place among 128 countries with a safety index score of 9.68. With this result, Georgia is the safest country in the region.
Georgia has been put on the list of top 50 countries under the Global Innovations Index rankings in 2019. Georgia is ranked 48th, while it came in 59tg in 2018. Georgia’s Innovation and Technology Agency reports that ‘Georgia's high-tech import, export of information and communications services (ICT) and industrial designs’ has caused the progress.
Georgia is the leader among the countries of the Eastern Partnership in the small and medium enterprises policy index, announces the Ministry of Economy of Georgia.