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Global Sustainable Competitiveness Index: Georgia ranks 37th among 180 countries

Compared to 2012, Georgia ranks first in the world in terms of improving its rating position, said Georgian Economy Minister Natia Turnava. Photo: Nino Alavidze/Agenda.ge.

Agenda.ge, 04 Dec 2020 - 17:07, Tbilisi,Georgia

Georgia has ranked 37th among 180 countries in the Global Sustainable Competitiveness Index.

The Global Sustainable Competitiveness Index measures the sustainable competitiveness of countries by calculating 116 measurable, quantitative indicators derived from sources such as the World Bank, the IMF, and various UN agencies.

The 127 indicators are grouped into five sub-indexes, in which Georgia scored:

Natural Capital - 52.6
Resource Efficiency and Intensity - 49.6
Intellectual Capital - 47.3
Governance Efficiency - 59.3
Social Cohesion - 35.7

Georgia is ahead of leading economies such as China, Singapore, Australia, Israel, Greece, Malta, Chile, Cyprus, etc. Georgia is ahead of all neighbouring countries in the ranking, and in the post-Soviet space it lags behind only the Baltic countries”, announces the Ministry of Economy of Georgia.

Compared to 2012, Georgia ranks first in the world in terms of improving its rating position, said Georgian Economy Minister Natia Turnava.

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