Georgia ranks 53rd of 167 countries on the Legatum Prosperity Index 2020 which assesses political, social, economic and environmental standings of l countries.
Since 2010, Georgia has moved up the rankings by 11 places, says the index.
Georgian Ambassador to the United Kingdom Sophio Katsarava attended the index presentation in London on November 17 and said that 10 years ago Georgia faced the challenges of the Russia-Georgia war in 2008 and world economic crisis in 2009.
Today, Georgia is recognised as a stable, secure country. Today, Georgia is the only country in the region that has a free trade regime with both the EU and China. A free trade agreement with Britain will enter into force in January 2021, which will create even more opportunities for us to strengthen trade ties", Katsarava said.
Index shows that Georgia performs most strongly in the investment environment and governance but is weakest in natural environment.
The biggest improvement compared to a decade ago came in safety and security.