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 59th 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 has made cardinal steps in innovations,” Head of Georgia’s Technology and Innovation Agency Avtandil Kasradze said.
He said that Prime Minister Mamuka Bakhtadze’s initiative to invest at least six percent of Georgia’s GDP in education, science and innovations will result in a higher ranking cot Georgia in 2020.
We hope we will be among the top 20 countries in several years,’ he said.
Georgian Minister of Economy and Sustainable Development Natia Turnava said Georgia has deserved the success.
The Global Innovation Index (GII) was first published in 2012.
See the full rankings here.